When making the choice to purchase a home within an HOA, people have a lot of questions. Beyond what an HOA does, what its structure is, or how one can get involved with their HOA, many people wonder what they get out of being in an HOA.
While there are plenty of benefits to HOA living, some people are intimidated by their HOA and don’t take full advantage of what their HOA may offer. Curious about the benefits of HOA living? Find out more about where your HOA bills are going and what a well-managed HOA can offer.
Better Community Involvement
Throwing a community event, such as a neighborhood movie screening or a block party, can be a fantastic way to build a sense of community, but facilitating such events can sometimes prove to be a challenge. However, an HOA can act as a liaison between event coordinators and residents. Your HOA is already in place to help establish a sense of community, so let them in on your plans for any community events and see if there’s anything they can do to help improve your community outreach.
Get Additional Support
Your HOA will likely have tools in place that make your life easier. In the case of Clagett Enterprises, our online portal technologies allow residents to get real-time information. This includes things like account history, property issues, governing documents, financial statements, and communication with other board members. These kinds of management tools can help make running your community smooth and easy.
Maintain Your Property Value
One of the biggest benefits of HOA living is that it helps ensure your home’s value is retained. This is because an HOA has deed restrictions, meaning that homes or common areas around condos are all well taken care of and consistently maintained to a high standard. Clagett Enterprises works with only the most reputable local professionals on service contracts. We can act as an investment advisor, helping you figure out what money should go where in order to meet current and future maintenance and improvement needs.
Avoid Complicated Duties
Managing a community can be difficult, but an HOA puts in the infrastructure to do so without it having to fall on residents to rally together and get things done. A well-managed HOA will also bring years of experience to help with issues like accounting, enforcement, architectural review, general site maintenance, and so much more.
Get the Benefits of HOA Living with Clagett Enterprises
If you’re looking for an experienced property management company, the perfect realtor for your property, or a professional to assist you during your purchase of any home, you can rely on Clagett Enterprises. Clagett Enterprises is a full-service real estate company with almost 30 years of experience in the Frederick and Western Maryland area. For assistance with commercial sales, leasing, management, and development and consulting, contact us online or give us a call at 301-665-6009. To meet our team and see some of our beautiful homes, follow us on Facebook and Linkedin.