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June 2014

4 Suggestions to Effectively Utilize Committees in HOA Matters

A committee here, a task force there … many of us in HOA management and in board positions can be pulled in several directions. From financial overview to grounds keeping, there are several things an HOA board has to do to keep up with the management of the properties. Effective committees help the entire board by focusing on certain issues and coming up with solutions that can be presented to …Read More

Home Sales in May Surge Up!

May showed a big increase in the number of existing homes, showing that there are homebuyers ready to get back in the market, but they seem to prefer the charm of older houses rather than new builds. In May, existing home sales increased 4.9% to 4.89 million seasonally adjusted annual rate (SAAR) which was higher than consensus’ estimate of 4.8 million SAAR and the revised April reading of 4.66 million …Read More

How important is walkability in communities with developing Real Estate Markets?

How important is walkability in communities with developing Real Estate Markets? While it may be hard to believe, Angelenos are losing their love affairs with their cars. According to a recent Los Angeles Times article, L.A. is on the “cusp of becoming a major walkable urban area.” Seems to make sense. If you look at the development of housing and apartment living in Old Town Pasadena, people like to live …Read More

New Smoke Alarm Regulations Take Affect July 1st

Where there’s smoke, there’s fire — and, if you’re compliant with the law, a smoke detector, too! Read on to ensure you and your clients comply with new and existing rules controlling smoke alarms in residential properties. A part of all residential properties Smoke alarms approved by the State Fire Marshal are required to be placed in all residential properties in California. The State Fire Marshal lists all approved smoke …Read More

Special assessments don’t feel special to HOA property owners

Two words that HOA owners despise: Special Assessments. Regardless of the improvement that is being made to the property or the emergency maintenance situation, all the owner hears is the cash register ringing. Special assessments are a necessary part of the HOA owner process but should be handled appropriately, and only really issued when deemed absolutely necessary. Below are a few guidelines to helping mitigate special assessments or avoid them in …Read More

Hiring a Professional Property Management Company

Recently, on the Community Associations Page on LinkedIn, there was a terrific post about questions you should ask when hiring a management company…we thought we would share! Hiring a company to manage your association is an important decision and should not be taken lightly. The comprehensive list below, is a great start to identifying a management team. 1. Tell me about your philosophy in Community Management 2. Same for Business …Read More