Posted on May 15, 2018 8:00 AM by HOA Sites
Categories: HOA Website
Special circumstances might face your homeowners association even when management is excellent and everything is running smoothly.  Improvement projects, large-scale repairs, and other unforeseen situations may occur which put the reserves at risk.  For many HOA’s, special assessments offer the best way out.  But, what if homeowners fail to pay the special assessment?
What Is A Special Assessment?

A special assessment refers to the funds that homeowners are required to pay when the board decides not to use the reserves to cover emergency expenses, repairs, and maintenance costs.  Assessments are important as they prevent the reserve funds from being diminished or drained.

If homeowners are complaining on the homeowner association website and vowing not to pay the special assessment, there may be a problem with communication between them and the board.  Here are ways in which you can ease their frustration and encourage them to pay without having to resort to legal action.
Transparency Is Key

Often, all homeowners want is for you to keep them updated with regard to the HOA’s financial matters.  One way of doing so would be to encourage them to attend HOA meetings.  Aside from that, consider keeping them informed about major projects that impact the budget of the HOA using the homeowner association website.

When a homeowner is irritated, the first option should be to try and reason the situation out.  Make an attempt to show them the importance of special assessments so they understand that using the reserves could place the association at risk of financial stress in the future.

It’s almost certain that reasonable homeowners will understand why the special assessment is necessary, but you can always take legal action if reasoning the situation out doesn’t work.  In some states, an unpaid special assessment is considered personal debt, and the HOA board is given the right to take possession of the property or hold it until the debt is settled.
Posted on May 7, 2018 8:00 AM by HOA Sites
Categories: HOA Website
As a board member, one responsibility is to review your HOA’s reserve study and interpret it so you can make proper financial decisions regarding the collection, adjustment, and allocation of reserve funds.  Unfortunately, reviewing the reserve study isn’t much fun and many think it’s not easy to understand either.

Outlined below are a few ways in which you can interpret the HOA reserve study and apply it appropriately for the benefit of your association.  Consider using the community website to share what you learn here so other board members may be informed.
Understand Your Reserve Study

HOA reserve studies are normally comprised of common areas in the community such as street lights, gates, basketball courts, and pools.  Additionally, estimates are included on the costs needed for the repairs, maintenance, and replacement over time.  They also involve estimations on the current monetary value of these common assets.

It’s recommended that your HOA conducts an annual review of the roofs, paint, electrical panels, and other major parts of common amenities.  In order to get an accurate, comprehensive report, have experts in finance and engineering study these areas so the interpretation part is simple.
Make Long-Term Plans

Homeowners associations that neglect to plan for the future are destined to drain their reserve funds.  If a gate needs to be replaced in 20 years, the board should divide the cost by 20 and set aside that amount each year.  For instance, the gate might cost $20,000 so the HOA needs to set aside $1,000 every year.  By the 20th year, the board will have the amount they need and not face a financial crisis.

As you interpret the reserve study and plan for the future, you should account for an inflation rate of at least 3% per year.  Use the community website to notify HOA members about the outcome of the reserve study so they fully understand the importance of having sufficient funds!
Posted on April 20, 2018 8:00 AM by HOA Sites
Categories: HOA Website
Aside from keeping the homeowners association website up-to-date, a vital duty of the HOA board is to maintain precise financial records and reports.  Through those, members are able to see an overview of how the community is utilizing the funds and how financial projections are being achieved.

The board is in charge of making many financial decisions which includes setting fees, determining assessments, and figuring out how the money should be allocated.  As a contributor to HOA funds, you have a right to know how the money is being utilized and the following questions will help you in the future.
Who Is In Charge Of Accounting?

In many cases, a management firm is in charge of the accounting and financial reports, though there are some associations that prefer to handle these tasks internally.  First, determine who’s responsible for these duties so you know where to address your concerns.  The way accounting is managed varies from one association to the next so keep this question in mind.
Can I Get A Copy Of The HOA Dues For The Past Decade?

When you see the history of how the HOA has been collecting fees over an extended period of time, you will get an idea of how efficient the funds are being managed.  For instance, if a large sum has been collected; that should reflect in the HOA’s development projects unless there have been costly expenses.
How Frequently Are The Financial Reports Analyzed?

A board that analyzes financial reports regularly shows they are serious about keeping the community in a good financial state.  The three most critical statements you should ask about are the income and expense statement, the cash flow statement, and the balance sheet.

Most of the time, efficient HOA boards have commonly asked questions regarding financial management posted to the homeowners association website.  For that reason, homeowners are encouraged to go to the website first since many questions have already been addressed there.
Posted on April 9, 2018 8:00 AM by HOA Sites
Categories: HOA Website
When considering HOA security, there’s a question that usually comes up and perhaps you’ve come across it on the neighborhood website.  Is it the board’s obligation to provide adequate security measures like cameras for protecting homes in the community?  And, is the board responsible for security breaches?

It’s common for HOA boards to contract with the county government or even hire private patrol officers to ensure homeowners are safe.  But, in case of a breach, who will be held accountable?  Have you thought about what you can do to contribute to safety in the HOA?  The following advice will keep you on track when it comes to security in your association.
The HOA Is Normally Not Fully Responsible

A majority of homeowners associations do their best to keep you safe but more often than not, the board is not liable for security related issues.  Of course, it may be accountable for not taking timely and proper action in resolving general safety problems that causes harm to members or damage to their property.

Some of the HOA’s responsibilities include having adequate lighting in common areas and installing durable security gates.  If you don’t know what your association covers, ask for a copy of the governing documents or contact the HOA board through the neighborhood website.
Your Duty

As a homeowner, you shouldn’t fully depend on the HOA to keep you safe.  Instead, be pro-active when it comes to protecting your home and yourself by implementing your own security measures.  For instance, you could install security cameras in your home and make it a habit to always lock the doors.

If the governing documents are vague about which party is liable for security issues, it may be best to check with an attorney for guidance.  Another option to consider is to bring up the topic in a meeting or open it up for discussion on the neighborhood website so other homeowners get informed and voice their concerns.
Posted on March 29, 2018 8:00 AM by HOA Sites
Categories: HOA Website
Funds of the homeowners association are like an emergency savings account for your family; if the community lacks the funding it needs, it risks falling apart.  Imagine a situation where there is an emergency but the money in the reserve account won’t cover the costs.  This may cause homeowners to complain endlessly on the HOA website.
Inadequate reserve funds also result in the depreciation of property since common areas fail to receive proper care.  Another problem is that lenders might decline loan applications from your HOA so use the following strategies to help you avoid such troubling situations.
Work With Experts

Perhaps you have enough funds in your reserves but then you encounter an unexpected expense that could deplete them.  Seek help from a reserve specialist to figure out which option best suits your HOA.  For instance, they might recommend borrowing or using special assessments to replenish the reserves.  Aside from that, they might also figure out a way to cut expenses.
Separate Funds

Obviously, you need to operate reserve funds separately from regular funds.  The main reason for doing this is to eliminate the potential for funds getting used for the wrong purposes.  One way of separating funds is to adopt a reserve fund plan to help the homeowners association maintain its property.  Let the budget be reviewed regularly to ensure there’s always enough money in the reserves.
Avoid Lawsuits

There’s no law that states the reserves must be funded but the court may see the failure of your HOA board as a breach of its fiduciary duty.  That means the association could face legal disputes and that puts an added strain on the reserves.  Last but not least, perform repairs in the community before they require extensive work.  Through the HOA website, you can seek input from members to know which areas need addressed the most.
Posted on March 16, 2018 8:00 AM by HOA Sites
Categories: HOA Website
The HOA board is normally in charge of running the association in matters to do with finance, starting new projects, and handling administrative tasks.  A dedicated team is productive, efficient, and easy to work with while a team of troublesome members is a bad recipe for the HOA and the homeowner association website.  Watch for the following indicators to know if your board members may cause problems in the future.
Refusal To Listen

If a member acts like they know everything and refuse to listen to what others say, expect there to be trouble.  This kind of attitude gradually leads some members to feel intimidated and even when poor decisions are made by the troublesome member, no other member may feel confident to counteract the move.  Consequently, numerous decisions are made that have a negative impact on the HOA.

As a rule, people skills are vital for running any board effectively.  If you notice one or more members have trouble resolving conflicting ideas in a polite manner, problems are looming as such members will only make matters worse for your HOA.  Often, members are slow to show this type of behavior so pay close attention after a few months have passed.
Placing Blame On Others

These kinds of people are present in all walks of life but there’s no room for them in a homeowners association that is focused on going in a positive direction.  Despite who is responsible for making a mistake, the one at fault must take accountability but everyone on the HOA board should work as a team to find a proper solution.
Overstepping Roles

In most cases, board members have specific duties assigned to them that range from collecting HOA fees to managing the homeowner association website.  Occasionally, there may be members that get involved in tasks not assigned to them while neglecting their own duties.  Members who exhibit the traits above don’t have the HOA’s interests in mind.  When that happens, the board should come together and talk about these issues so the member is aware they need to change.
Posted on March 2, 2018 8:00 AM by HOA Sites
Categories: HOA Website
As seasons change, your home becomes more vulnerable to new sources of dust and dirt.  For example, fall and winter seasons bring low humidity which attracts dust while the summer season is associated with high humidity that makes it possible for mold and mildew to develop in areas with poor ventilation.

Dirt enters your home in a variety of ways and is often overlooked until you move a piece of furniture.  Unfortunately, some homeowners don’t check the community website and choose high-end products that may not be as effective as stated.  The following tips will help keep your home tidy all year without spending a small fortune.
Use A Humidity Controller

High humidity attracts dust mites which are notorious allergens that produce dust.  At the same time, low humidity draws dust and causes it to stick to objects such as furniture.  Employ a dehumidifier or humidifier to maintain healthy humidity levels of 40 to 50 percent.
Use Car Products

Many homeowners think cleaning the interior of a home means choosing products intended only for houses but car products can produce a better result.  For instance, glass shower doors are known for accumulating hard water stains and spraying them with glass cleaner is a short-term solution.  Instead, use a rain-repellent product designed for windshields as it not only cleans but leaves an unseen coating that causes water, soap, and debris to slide off.
Ovens & Carpets

There are numerous products for cleaning ovens that promise to make it an easy job, but most of them emit harmful toxins and fail to be effective.  Apply a baking soda mixture and allow it to set for 6 to 8 hours or longer on dirtier portions.  Afterwards, use a wet wash cloth to remove it.

Furniture can be a little tricky to clean but carpet sealants protect them from accidental spills.  Any liquid that comes into contact with your furniture will be more likely to bead up rather than soak into the fabric.  Keep these tricks in mind when cleaning your home and share your own tips on the community website!
Posted on February 19, 2018 8:00 AM by HOA Sites
Categories: HOA Website
HOA boards are typically aware of the fact that there are annual disclosures to be filled and submitted on a yearly basis.  However, are you aware that almost all the states ask HOA’s structured as a non-profit organization to file annual reports with the secretary of state?  Failure to do that usually results in a loss of Good Standing status and that might affect the number of people who visit the homeowners association website.
Damaging Consequences

A variety of HOA boards fail to file annual reports due to reasons that range from reorganization of management to continually delaying the process but the repercussions are quite damaging.  The corporate status of the homeowners association can change to delinquent, inactive, lost good standing, or administrative dissolution.

For clarity purposes, dissolution does not mean the HOA is no longer registered or ceases to exist.  It just makes it difficult for the homeowners association to enjoy services in case of tax notices, lawsuits, and other government-related matters.  What action should you take to resolve the status of the HOA if this happens?
An Easy Solution

Luckily, all that needs to be done to restore the Good Standing status is to file an up-to-date annual report and pay any associated late fees.  That way, the association will be able to enjoy services in state-related processes.  The majority of states require the submission of annual reports while some states only want you to submit them every two years.  A small number of states don’t require non-profit organizations to file an annual report.
Customarily, the secretary of the HOA board is the one who submits the annual report but other members need to ensure the details are accurate.  A reminder for the report could even be posted on the homeowners association website so members remember to approve it.  With regard to annual reports, homeowners associations should always know what the state wants and submit it before the due date.
Posted on February 6, 2018 8:00 AM by HOA Sites
Categories: HOA Website
If you’re worried about your activities at home increasing the amount of greenhouse gases emitted into the atmosphere, there is a variety of habits you can adopt.  Fortunately, with the proper tools, the transition to environmental-friendly living can be virtually effortless.  Before using the strategies described here, be sure to check your CC&R’s or the neighborhood website for guidelines and restrictions.
Consider Composting

Composting is a natural means of enriching soil in your backyard by using items as a fertilizer.  It involves the use of kitchen waste like fruit peels and leftover food coupled with plant matter such as fallen leaves rather than store-bought fertilizers.  If you’re new to this, start off with a medium can and cut a few holes in the lid for ventilation.  Also, pay attention to where you place the compost; you don’t want the odors to seep into your neighbor’s home.
Grow Plants

You may have heard that plants use carbon dioxide and refresh the surroundings by releasing oxygen.  In case you lack space in your backyard, grow them indoors in small containers.  Try vegetables or herbs such as mint, rosemary, and oregano then use the home-made compost as fertilizer.
Drip Irrigation

This type of irrigation utilizes a slow-drip method of hydrating your plants consistently.  Contrary to most other methods, drip irrigation helps conserve water effectively and is usually very cost efficient.  Definitely an option worth considering when compared to other means of watering plants.
Install Energy Saving Lights

Another way to reduce your carbon footprint is to have solar panels installed on the roof so energy can be stored from the sun.  That can be used as a source of power in parts of your home or for outdoor lighting, thus minimizing the amount of electricity used.  Don’t just apply these strategies in your home; encourage other homeowners through the neighborhood website to do the same so the community is a healthier place to live.
Posted on January 26, 2018 8:00 AM by HOA Sites
Categories: HOA Website
Are your annual meetings no longer quite as effective as they once were?  You’re not alone.  HOA members in many associations typically find the matters of such meetings to be boring and unnecessary even though they are actually critical.

Annual meetings give homeowners a chance to discuss issues that affect them such as budgets and the renovation of common areas.  That is why it’s important for the board to encourage homeowners to be present at these meetings.  Here are a few ideas to improve attendance in your HOA.
Celebrate Success

While annual meetings cover a range of topics, make sure you use the meeting to celebrate accomplishments and recognize members for their achievements.  Maybe the HOA just finished constructing a new swimming pool or renovating the roads.  Those are achievements worth celebrating and members will want to be in attendance since they contribute to the funding of such projects.  The board may also consider using the meeting as a venue for launching new projects.
Invest In The Meeting

In order to pull off a successful meeting, try investing more into it than in previous years.  People usually consider free items to be meaningless but see how serious it is when a larger sum of money is spent.  In case your area is not large enough to accommodate all homeowners, search for a favorable location in town and notify members through the HOA website what was spent on the event.
Sufficient Notice

Some issues may be a little dull but you can brighten the situation by offering great food, beverages, door prizes, and comfortable seats.  There are other options such as having a banquet, but you need to decide what works best for your homeowners association.  The key is to post updates throughout the year to the HOA website so members can plan ahead for attending the annual meeting.  When the time comes, they’ll be more likely to remember and show up!
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 Indianapolis, IN 46256
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