It’s that time of year—you’ve exchanged your swimsuit from long days at the community Association pool for sweaters and scarves just in time to roll down your sleeves and prepare your home for cooler weather. As we watch the warm days fade into the sunset, consider adding the following items to your winterization checklist, and ensure your home is in tip-top shape for the fall and winter seasons in your homeowners association.
So, your homeowners association is contemplating doing a reserve fund study. Perhaps you are a new HOA and need to establish and start funding the reserves; or, you are an older HOA that has had a reserve for years, but it is time to update it. How many years should your HOA reserve study cover?
Well, it depends. HOA communities vary in size, age and the number and dollar value of the capital assets they own. They choose different maintenance strategies for short-lived and longer-lived capital assets. Let’s explore some of these issues.
Maintaining the common area in a homeowner's association is one of the HOA board's most important responsibilities. Landscape maintenance requires consistent upkeep. It's usually in the board's best interest to contract with a professional company to provide landscape maintenance services in order to save on cost and have consistency within the look of the community.
One common subject that often causes confusion in a homeowners association is grasping the difference between the maintenance responsibilities of an association and the items that are covered by the association’s insurance policy. Often owners and even HOA board members may not understand the differences between these two subjects.
Common area lighting, pools, club houses, and laundry facilities are just a few areas that a homeowners association can find itself spending lots of dollars on quickly. No one likes it when their HOA dues increase, so how do you help conserve energy and manage costs?
Energy bills, like the temperature, always rise in the summer. While there are big fixes an Association can incorporate to make common area electricity more energy-efficient, there are also many inexpensive energy solutions, as well as some simple and free steps that you can take to cut down on costs and save money.
Homeowner associations with common area buildings and structures are required to stay up to code and should schedule their local fire inspector to assess buildings on an annual basis.
One item on that inspection will be an assessment of the smoke detectors. One major safety concern to also consider is carbon monoxide, or CO.
Do you live in a homeowners association where snowy weather leads to snow plowing your private roads during the winter months? Preparedness is paramount when it comes to being on the road. With an increased risk of potential driving hazards like sleet, snow, strong winds and frigid temperatures, it’s a good idea to think about ways to ensure you’ll travel safely.
We want you to be the first to know about some exciting changes over at The Hignell Companies. Last year we launched the website www.ExpertsinyourHome.com, created to make it easier for our current and future customers to see everything that we offer to help you take care of your home maintenance, remodel, and construction needs.
Now we’re taking the next step and launching Experts In Your Home as a full company under The Hignell Companies umbrella!
Do the homes in your homeowners association have fireplaces? One of winter’s great pleasures is relaxing in front of a warm, cozy fire. For most months of the year the fireplace stands idle, and these long periods of disuse can lead to hazardous conditions when members light their first fire of the season.