A homeowners association thrives on assessments — fees regularly charged to residents of the community. It is the main source of income for any HOA. But, what if they’re not enough to cover all the expenses? Is there a way to increase HOA cashflow without raising dues? Proven Methods to Increase HOA Cashflow So,…
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The coronavirus outbreak has plunged the affected countries to take precautionary measures. Homeowners associations must follow suit. Here are some coronavirus HOA community guidelines to abide by. Coronavirus HOA Community Guidelines to Follow The number of confirmed coronavirus cases worldwide recently went over 330,000. In the United States alone, more than 35,000 cases have…
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The purpose of these procedures is to help reduce the spread of the Coronavirus from person to person contact. By following the below protocols, the association reduces the chance of contact spread of the Coronavirus. Cedar Management Group recommends virtual meetings and/or conference calls whenever possible at this time. Any person, Board Member or owner…
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HOA vs PUD? What makes them different? Residents in urban areas have an alternate option to HOAs called PUDs, but what is a PUD home? When it comes to planned unit development (PUD) pros and cons, urban residents need to consider if a PUD community is the right fit. HOA vs PUD – Which…
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One of the top issues that HOAs face is related to residents and their pets. Usually, it is highly recommended to have a clear HOA pet policy to avoid a lack of compliance from residents and irritation from other residents who do not want pets in the community. If your HOA is considering a new…
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As winter comes to a close and spring arrives in full force, it is time to start sprucing up your property and coaxing life back into the dormant plants and trees. Maximizing the appearance of your landscaping can be a challenge, though, especially for the inexperienced. So, here are a few HOA springtime landscaping tips…
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In January of 2020, Cedar Management Group’s 15th anniversary celebrates the successful services provided to HOAs located in the United States. Many HOAs have difficulty managing the inundation of tasks that are required from their residents. It has become commonplace for HOAs to outsource their needs to an experienced HOA management company that is better…
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One issue that is very important for HOAs to consider is how their community can prepare for a natural disaster. HOAs that fail to put these protocols in place can subject themselves to legal liabilities in the future. If your community does not have an HOA natural disaster preparation plan or is looking to update…
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One of the largest hurdles to individuals investing in homes is the inability to come up with the down payment. For this reason, HOAs need to consider the value of having FHA recertification on their buildings. For buildings that are having trouble selling their units, having FHA approval could greatly improve their prospective buyer pool.…
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There has been a great deal of controversy regarding how far the influence of an HOA can stretch to the members of its community. There have been many residents that have attempted to eliminate their association from requiring dues on the properties that they own. One issue that has gained a great deal of press…
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