Role of Homeowners Associations in Community Living

Understanding Homeowners Associations: Benefits & Purpose

Since 1970, the number of Homeowners Associations (HOAs) in the United States has surged from 10,000 to over 328,000, reflecting the rise in homeownership and the construction of more multi-unit properties. HOAs play a crucial role for homeowners, offering numerous advantages.

Explore how HOAs enhance property values through amenities and rules, and how home warranties secure your investment.

Expert community management services: Let Property Advantage take the reins!

Experience top-tier community management services with Property Advantage. Our expert team is dedicated to maximizing your community’s potential. Let Property Advantage take the reins and handle all aspects of community management with professionalism and efficiency. Trust us to elevate your community management experience to new heights.

Full Service Community Management

Beyond financial and administrative tasks, Property Advantage provides on-the-ground support through monthly site reviews and management of maintenance issues, ensuring the community is consistently well-maintained.

Property Advantage Lite Community Management

Property Advantage Lite is a streamlined management solution tailored for HOAs seeking essential support while maintaining flexibility and cost-efficiency. Designed for digitally savvy boards, this package offers core services including timely payment of monthly operating expenses, preparation and delivery of clear monthly financial statements, and assistance with annual budget preparation. We also handle escrow processing to ensure smooth property transitions and reduce the administrative load on board members. Attendance at board meetings—available for two or four sessions annually—is conducted exclusively via Zoom, offering a modern and convenient format for community governance.

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