Antonella Nigro's Blog
Homeowners associations are common features of new residential subdivisions, condominiums and townhouse developments, planned communities, and vacation resorts throughout the United States and abroad. Typically established by the builder or developer, such associations are most often responsible for maintenance of common facilities. They also frequently oversee the operation of community centers, pools, golf courses and sports courts, and can assume responsibility for routine repair of streets and/or sidewalks, building exteriors and roofs, and even front yard landscaping and upkeep.
Residents pay a monthly fee to the association, in addition to mortgage, taxes, insurance and utilities on their individual properties. Most commonly, the day-to-day operation of a homeowners association will be managed by an independent firm, with oversight from a governing board of homeowners elected to serve, unpaid, for specific terms.
Pay Attention to the CC&Rs
Buying a home in a community with an HOA requires that residents agree to the covenants, conditions and restrictions, known as the CC&Rs. Rules can be relatively simple, outlining the types of fencing allowed or specifying allowable trim colors and landscaping plants. Some HOAs, however, have stringent restrictions, governing varied aspects of community living. Some actively promote community programming while others simply act as a review board to handle disputes or non-compliance with stipulated regulations.
Withholding payment of association dues can lead to legal action, sometimes even foreclosure.
HOAs Uphold Community Standards
Prior to buying property in a subdivision with an HOA, a buyer should be completely familiar with the CC&Rs and understand the financial commitment entailed. All HOAs are committed to uphold community standards and protect property values. That is perhaps the best reason for buying property in an area that has a well-managed, effective and highly-functioning HOA. But it is always up to the buyer to determine the effectiveness of any HOA. The best way is to ask to view previous years' financial statements, and to talk to current owners.
The best homeowners associations foster a heightened sense of community, encouraging social events and offering services to promote safety and security for residents. Neighborhood watch programs, community patrols and emergency response, rideshare programs, and youth-oriented activities are common. In addition, well-run associations have financial reserves to handles unexpected maintenance or repair needs and have a "comfortable" relationship with homeowners.
HOAs were first established to govern the operation of condominium associations, and have sometimes received a bad rap from owners who found them restrictive and expensive. The role of the HOA has changed over the decades, and most are professional and dedicated to the welfare of current and future homeowners. They actively promote and encourage neighborliness, cohesive community spirit and property values.
Belonging to a homeowners association fosters a valuable common bond with other owners, and offers homeowners a real voice in the community.
When it comes to adding your residence to the real estate market, it is always better to err on the side of diligence.
Ultimately, there are many reasons to become a diligent home seller, including:
1. You can price your house competitively from the get-go.
For those who want to become diligent home sellers, it is paramount to set a competitive price from the get-go. By doing so, a diligent home seller can stir up plenty of interest in his or her house and boost the chances of a quick home sale.
A diligent home seller will allocate the necessary time and resources to learn about the real estate market. As such, this home seller will have no trouble establishing a competitive price for his or her residence from day one.
In addition, a diligent home seller will examine the prices of available houses that are similar to his or her own. With this housing market data in hand, a diligent home seller can establish a price range for his or her residence.
2. You can identify home improvement opportunities.
A diligent home seller likely understands that his or her residence has various pros and cons. At the same time, this property seller recognizes home improvement opportunities.
To learn about home improvement opportunities, a diligent home seller usually will conduct a home appraisal. This appraisal enables a property inspector to evaluate a residence and provide the home seller with an in-depth report about the house's condition. Then, the home seller can use these property insights to streamline his or her home improvement efforts.
Completing a series of home improvements can make a world of difference in the eyes of homebuyers. In fact, a diligent home seller will prioritize home improvement projects and finish assorted home interior and exterior tasks to transform an ordinary residence into a stellar one.
3. You can keep your cool in stressful negotiations with a homebuyer.
Let's face it – no home seller wants to worry about stressful negotiations with a property buyer. Fortunately, a diligent home seller will know what it takes to remain calm, cool and collected as home selling negotiations proceed.
A diligent home seller will understand the true value of his or her house. Thus, this home seller can enter negotiations with actionable data to help him or her make informed decisions.
Plus, a diligent home seller will maintain an open approach throughout negotiations. This approach will enable a home seller to listen to what a homebuyer has to say at all times. And if a home seller maintains an open approach, he or she increases the likelihood that all parties involved in negotiations will get the best possible results.
If you ever need extra assistance as you prepare to list your residence, you can always reach out to a real estate agent too.
Even a diligent home seller will collaborate with a real estate agent to get home selling guidance. That way, a diligent home seller can move one step closer to optimizing the value of his or her residence.
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If you buy or sell a house, you may need to hire a moving company as well. That way, you can work with an expert moving company to ensure all of your personal belongings can safely make it to your new address.
Ultimately, there are lots of things you can do to put yourself in the best position to conduct a successful search for a moving company, such as:
1. Reach Out to Multiple Moving Companies
There is no shortage of moving companies available in cities and towns nationwide. Thus, if you reach out to several moving firms, you should have no trouble finding one that matches your budget.
Account for your moving timeline as you search for a moving company, too. The top moving companies may be in high demand. But if you can give a moving company plenty of notice about your upcoming relocation, you can boost the likelihood that this business can help you on moving day.
2. Request Client Referrals
Sometimes, it can be tough to differentiate one moving company from another. If you ask a moving company for client referrals, however, you can learn from a business' past clients. Then, you can use these client referrals to help you decide if a particular moving company is right for you.
A moving company typically can provide client referrals upon request. Meanwhile, you should ask a moving company's past clients about their experiences. You then can use these clients' insights to determine if a moving company can match or exceed your expectations.
3. Evaluate a Moving Company's Services
Moving companies may provide a wide range of services for residential and commercial customers. As such, you should examine a moving company's services to find a business that can help you accomplish your desired results.
If you need a moving company that can help you pack and move your belongings from Point A to Point B, for example, you should hire a business that can fulfill your request. On the other hand, if you need a moving company that can handle an out-of-state relocation, you should hone your moving company search accordingly.
When it comes to finding the right moving company, you may encounter myriad challenges along the way. Lucky for you, a real estate agent may be able to help you speed up your search to find the right moving company.
In addition to helping you buy or sell a residence, a real estate agent may provide moving company recommendations. He or she also may be able to put you in touch with the top moving companies in your city or town.
For those who want to streamline an upcoming move, it generally is a good idea to hire a moving company. Thanks to the aforementioned tips, you can conduct a comprehensive search for a moving company in your area. As a result, you may quickly find a moving company that can take the guesswork out of transporting all of your belongings to your new home.