Investing in a home managed by an HOA is probably one of the best decisions you can make. You chose to buy a property in a homeowner’s association because you expected a better quality of life. However, HOAs are not always the same. These associations are traditionally managed by the board of directors, who are regular residents of the community. It is not extremely rare for the board to feel overwhelmed with the work involved, which can impact community living in many ways. Get in touch with a professional firm if you think the HOA needs better management. We have enlisted a few signs below that your association needs expertise.
The Board is Overwhelmed
You have to understand that people managing the HOA are also regular people with regular jobs and many other struggles to handle. If it is evident that the current board is overwhelmed or is unable to adhere to its commitment as expected, it is best to get an HOA management service to take over. As a resident, you may have concerns about whether your rights are ensured, but that’s the best part of outsourcing. The board will continue to have its control but without the added pressure.
There is Financial Trouble
If your HOA is dealing with financial issues, such as pending payments, lack of funds, and inability to collect dues from residents, it is evident that the people in charge are unable to manage things as expected. These are regular affairs of the association and can be outsourced to a firm that can do it better with a team of experts. HOA management companies have the expertise and experience to tackle financial problems and can ensure that your association stays compliant with the laws.
There are Evident Communication Concerns
As a homeowner, you have the right to know what’s happening within the community. Communication is one of the critical aspects of the relationship that residents share with the HOA, and if you feel that it is being compromised in any manner, consider outsourcing the management work. Having a community manager ensures that all residents are in the loop about happenings within the neighborhood. The manager can also ensure that meetings are conducted on time, and all questions are answered as and when required.
There are numerous HOA management companies in Arizona, and the good news is most of these firms are great at customizing their profile and services to meet different demands.