RealManage Insight

How HOA Management Companies Can Help Your Community Financially

How HOA Management Companies Can Help Your Community Financially

HOA | Condo Management Services, HOA | Condo Homeowner Responsibilities & Education, HOA | Condo Financial

Some association-governed communities hesitate to hire HOA management companies to save money. However, when you consider the ways in which working with HOA management companies can benefit a community financially, hiring an HOA manager can be less costly than not hiring one. Below are four important financial benefits that an HOA management provider offers to association-governed communities like yours.

By Amanda Causey on Apr 22, 2015 10:00:56 PM
   
How HOA Management Companies Can Help Your Community Financially

Some association-governed communities hesitate to hire HOA management companies to save money. However, when you consider...

By Amanda Causey on Apr 22, 2015 10:00:56 PM
Financial Facts Condo Buyers Need to Know

Buying a condo can have several advantages over buying a house. Unlike owning a freestanding residence that occupies a plot...

By Amanda Causey on Apr 8, 2015 10:00:21 PM
Special Assessment Fees vs Reserve Fund Contributions

Because community expenses are privately funded, HOA communities and similar types of planned neighborhoods must develop an...

By Amanda Causey on Nov 20, 2014 10:10:23 AM
HOA Management Companies | How They Help HOAs Manage Costs

When assessing your planned community’s cost management plans, you may find that the community is overpaying for services it...

By Amanda Causey on Nov 13, 2014 9:59:18 AM
How Can a Reserve Study Benefit Your Community?

Financial advisors to HOA communities recommend that their clients perform a reserve study at least once annually to ensure...

By Staff Writer on Nov 6, 2014 9:18:24 AM
Establishing a Fair Collection Policy for Assessment Fees

Assessment fees support services that distinguish association-governed communities from conventional ones. When assessment...

By Staff Writer on Apr 9, 2014 5:28:00 PM
Creating the Annual Budget

In just a few months, association-governed communities will need to have their budget mapped out for the new year. If your...

By Staff Writer on Sep 17, 2013 4:15:00 PM
The Importance of Auditing Under SAS 99

In December of 2002, the American Institute of Certified Public Accountants (AICPA) instituted tougher auditing standards...

By Staff Writer on Jan 10, 2013 1:43:00 PM
Options for Generating Reserve Funds

Maintaining a reserve fund is a part of sound community association management. Without the fund, a community has one option...

By Staff Writer on Dec 5, 2012 4:45:00 PM