Association Management Solutions

08/25/2023

Quorum qualms?

Not to worry!

We've come across an informative article on HOA Resources that dives into the various quorum options available to homeowners associations, highlighting their significance in making informed and effective decisions.

The article delves into what quorum means within an HOA context and how it affects decision-making processes. It explores different quorum options, such as majority quorum and percentage quorum, shedding light on their pros and cons.

Understanding quorum options is vital for ensuring that your HOA can reach decisions that truly represent the community's interests. Proper quorum rules provide a fair balance between participation and efficiency in decision-making.

Whether you're a board member or an engaged resident, knowing about quorum options is crucial for the well-being of your community. Click the link below to access the full article and gain valuable insights into how quorum options can impact the way your HOA operates.

👉 Read the full article here:
https://hoaresources.caionline.org/what-quorum-options-do-hoas-have/

The leading resource for HOA managers: Practical advice and best practices for condominium and homeowners association leaders.

08/17/2023

🏡 HOA vs. POA: Understanding the Key Differences

Hello, homeowners and community enthusiasts! We've come across an informative article on the HOA Alliance website that breaks down the distinctions between Homeowners Associations (HOAs) and Property Owners Associations (POAs), shedding light on their unique characteristics.

The article delves into the fundamental differences between these two types of community associations. It explains how HOAs typically manage and maintain specific properties and common areas within a neighborhood, while POAs often focus on broader property management and shared amenities.

Understanding the differences between HOAs and POAs is crucial, especially for those who are part of or considering joining such communities. This knowledge can help you make informed decisions about which type of association aligns with your preferences and needs.

If you're curious about the distinctions between HOAs and POAs and how they impact community living, click the link below to access the full article. Get a clear picture of the characteristics that set these associations apart and determine which one suits your lifestyle.

👉 Read the full article here:

https://www.hoaalliance.org/hoa-vs-poa-whats-the-difference/

A Homeowner Association and a Property Owners’ Association sound similar, and they can be, but they can also function very differently depending on the situat

08/03/2023

Awesome news for South Carolina!

The passage of House Bill 4049 now allows for electronic voting for SC communities!

Check out the bill to see all the new changes that affect you!

Summary (2023-05-26) Remote Annual Meetings [Act No. 68]

07/27/2023

🏠 Important Updates for Homeowners Associations: Fannie Mae and Freddie Mac Release Lender Bulletins! 📜🏢

Hello, homeowners association members! We have significant news that directly impacts your community. Fannie Mae and Freddie Mac, the major players in the mortgage world, have recently issued lender bulletins with new rules and requirements that specifically affect homeowners associations.

It's crucial to pay close attention to these updates because they can have a direct impact on your HOA and its members. These new guidelines may influence the approval process for condo mortgages in your community and could even lead to changes in the financing options available to potential buyers.

Being well-informed about these changes is essential in making important decisions that can shape the future of your homeowners association. It's essential for board members and residents alike to understand how these lender bulletins might affect the financial aspects of your community and the overall property values.

If your community is part of an HOA or you're considering purchasing a property within one, it's crucial to stay updated on these new requirements. To learn more about these changes, read the full article by clicking the link below. Stay informed and ensure your homeowners association is well-prepared for any potential adjustments!

👉 Read the full article here:
https://hoaresources.caionline.org/fannie-mae-and-freddie-mac-release-lender-bulletins-for-condo-mortgages/

The leading resource for HOA managers: Practical advice and best practices for condominium and homeowners association leaders.

07/24/2023

AMS is just different.

Does your Association have problems?

If so, we have Solutions.

-
-
-
-
-
-
-
-
-
-
-
-
-

07/21/2023

🏡 Homeowners Association Fee (HOA Fee): What You Need to Know! 💰🏢

If you're considering living in a community with a homeowners association (HOA), it's essential to understand the concept of the Homeowners Association Fee (HOA Fee). This informative article from Investopedia breaks it down for you.

Usually referred to as an Assessment, the HOA Fee is a regular payment homeowners make to the association to cover shared expenses and maintain common areas and amenities. It's like pooling resources to keep the neighborhood in tip-top shape.

The article explains how the HOA Fee is determined, what it typically covers, and how it benefits residents. It also highlights the importance of budgeting for this fee when considering a property in an HOA community.

Whether you're a current homeowner in an HOA or exploring the possibility of living in one, understanding the HOA Fee is crucial. Click the link below to read the full article and get a clear picture of how this fee impacts your community living.

👉 Read the full article here:
https://www.investopedia.com/terms/h/homeowners-association-fee-hoa.asp

An HOA fee is a recurring fee paid by some homeowners to an organization that helps maintain and improve their property and others in the same group.

07/13/2023

Did you know that some communities rent out their pool to make extra money or host special events? 🏊‍♀️💵

It's an exciting idea worth exploring, but there are things to consider.

Rules and regulations vary between HOAs, so it's important to check if renting the pool is allowed in your community.

The article we found has helpful information on what to think about before renting out your pool.

Renting the pool could bring in additional income for your community and create a fun space for gatherings. However, there might be challenges and considerations along the way.

To learn more about the possibilities and things to consider when renting out your HOA pool, click the link below to read the full article.

Dive into the details and see if it's something that could work for your community!

👉 Read the full article here: https://hoaresources.caionline.org/can-i-rent-your-hoa-pool/

The leading resource for HOA managers: Practical advice and best practices for condominium and homeowners association leaders.

07/11/2023

Have you heard?!!

Charlotte is #1!!

https://www.wcnc.com/article/money/north-carolina-top-state-for-business-wheres-the-money/275-45205447-858c-4876-8c06-fd82b5baf2d2

North Carolina improved on its 2022 performance despite growing political division that threatens in rankings in education and quality of life, researchers found.

07/07/2023

🏢 Homeowners Associations (HOAs): What You Need to Know! 🏡💼

Hey there, homeowners! Have you ever wondered what exactly a Homeowners Association (HOA) is and how it affects you? We've got you covered with a helpful article from Investopedia that explains all the ins and outs of HOAs.

In simple terms, an HOA is a governing body that manages and maintains common areas in a residential community. They ensure that the neighborhood remains clean, well-maintained, and adheres to certain rules and regulations.

This article breaks down the roles and responsibilities of an HOA, including the collection of fees, enforcement of community guidelines, and the benefits of being part of an HOA. It's essential to understand how an HOA operates and how it impacts your homeownership experience.

To dive deeper into the world of HOAs and gain a better understanding of their significance, click the link below to read the full article. Stay informed and make the most of your homeownership journey!

👉 Read the full article here:
https://www.investopedia.com/terms/h/hoa.asp

A homeowner association (HOA) makes and enforces rules for a subdivision, planned community, or condominium building; its members are residents.

07/06/2023

Are you a fan of Carowinds?

Specifically, are you a fan of the Fury 325?

If so.. we may have bad news! 😱🎢

Recently, it was the keen eyes of patrons that led to the discovery of a support beam issue on the beloved roller coaster, Fury 325, at Carowinds.

In an eye-opening article from WSOC-TV, we learn that it was the vigilance of park visitors that uncovered the damage and pushed for its prompt repair. Their dedication to ensuring a safe experience for all riders cannot be overstated.

Carowinds should take the safety of its guests seriously, and thanks to the alertness and persistence of these observant visitors, appropriate actions were taken to address the issue swiftly. This inspiring story serves as a reminder of the importance of collective vigilance in maintaining a secure environment.

To learn more about this remarkable account and the steps taken to rectify the situation, we encourage you to read the full article by following the link below.

👉 Read the full article here:
https://www.wbtv.com/2023/07/03/carowinds-fury-325-under-investigation-after-crack-found-support-beam/

The crack could be seen about a week before the ride was shut down.

07/04/2023

Happy Independence Day!

06/30/2023

Please be aware that our offices will close at 3pm on Monday, July 3rd.

We will reopen on Wednesday, July 5th.

We apologize for any inconvenience!