Are you getting frustrated with landlords who never take care of repairs?
You might want to consider living in a community with a homeowners association if you’ve had enough.
Sure, there’s a cost involved, but the price you pay for peace of mind is beyond worth it. Knowing that your neighborhood and home are well taken care of can help you to enjoy your home more and to live more comfortably.
How Does An HOA Work?
The first thing to keep in mind is that every homeowners association (HOA) is different from one another. The common areas, fees, and guidelines change from community to community. Ultimately, it’s up to you to decide what amenities and terms are right for you and your family.
As soon as you move into your new home, you automatically become a member of the HOA and, accordingly, have to follow their rules and regulations. You can also join the Board of Directors. As part of the Board of Directors, some of your duties might include representing the community, establishing HOA rules, and setting a budget for dues.
4 Benefits Of Living In An HOA Community
Before buying or renting in a community with a homeowners association, make sure you thoroughly go through their rules and regulations. Don’t skip this step as it will help you to get a better idea of what to expect. We also recommend that you do your due diligence on the HOA itself before making a decision to move in.
Depending on the neighborhood, a community with an HOA could offer:
Regularly maintained amenities
Many communities include swimming pools, a clubhouse, exercise facilities like a fitness center or tennis courts, and playgrounds exclusively for their residents. It’s part of the HOA’s duties to ensure that these areas remain in good condition and arrange for repairs when necessary.
A well-kept neighborhood
HOA’s are responsible for maintaining common areas, meaning that the lawns in common areas will be trimmed, the walls in the community will be nicely painted, and the lights throughout the community will work.
Property value retention
Having invested in your home, you understandably want it to keep or increase its value over time. Your home’s value isn’t affected by just your house itself, but also by its neighborhood. A well-maintained neighborhood can contribute to maintaining the value of your property.
Typically, HOA’s have rules regarding where you can park, how you must take care of your lawn, and what kind of exterior decorations you can use. Aside from that, residents are also expected to follow a set of guidelines and they must consistently take care of their properties.
A sense of community
Being a part of an HOA also means being a part of a community and there’s usually a lot of interaction between neighbors. As an example, there are activities and events like monthly board meetings or annual holiday parties that help you get to know your neighbors.
Count On Our Commercial Painting Experts
Are you already part of your HOA’s Board of Directors? We provide painting and restoration services to many HOA communities in South Florida. If you’re looking for a new service provider, we’d love to hear from you.
