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Buying a Home in a Community Association: Part Two – Evaluating HOA financials and more
So your diligent search for that home of your dreams has finally led you to one that fits all your criteria. However, it is in an association, and you have known people who belonged to condo or homeowners associations (HOAs) that were poorly run or financially mismanaged. -
Checklist for a Pain-Free Move
You’re moving! That means an exciting new beginning. It also means a lot of work. But no need to stress out – following a simple checklist can prevent those moving migraines. One thing you’ll want to keep in mind: starting as soon as possible is the best policy. Good planning early on will save you some real heartache later. And though we’ve created a timeline that starts at two months out, your home closing may happen in as little as 45 days – just be sure to start the first items on the checklist as soon as you possibly can. -
Community Awareness: Protect Your Neighbors by Tuning Into Their Routines
There’s a big difference between being a busybody and having a general awareness of your neighbors’ regular activities. Knowing their routines enables you to quickly realize when something is awry, especially for residents who live alone. And in a true emergency, that awareness could literally save a life. -
Community Conflict Resolution: HOA mediation vs arbitration
While it’s always best that all parties in an HOA, community association, condo association or other deed-restricted community agree and cooperate, it’s a fact of life that conflicts or disputes may arise. In many cases, the parties can settle their differences amicably and directly through frank and open discussion or negotiation. In other instances you may need mediation or arbitration to find a resolution. -
Community Property Management 101: Top Tips for Board Members
Whether you’re a new or current board member, you can avoid major issues and make your term more fruitful, rewarding and, above all, effective by following these 9 tips for board members. -
Consider a Vacation Away From Your Pets
Vacation season has arrived, and with it, the need to pack, plan and in many cases, make arrangements for our four-legged family members. Many hotels and other accommodations are not pet-friendly, so pet owners must decide where, and with whom, to leave Muffy or Max when heading out of town. From kennels to in-home pet sitters, there are various options to fit your lifestyle and budget. -
Coronavirus HOA Communications Strategies to Residents
Developing a comprehensive HOA communications strategy during this pandemic will help your board members and management team inform the community in a timely manner. -
Earthquake Preparedness Tips for Your Community Association
As unpredictable as earthquakes can be, your community association should be prepared in case you ever feel the unmistakable rumble of a tremor. Here’s what you need to know. -
Elderly New Yorkers, Here for the Duration
New York City's elderly resident population is growing rapidly, and is projected to increase by an additional 35% over the next 15 years. FirstService Residential Managing Director Marni J. Berk, general manager of the Lincoln Towers complex, is one of the property management experts feautured in a recent New York Times article that describes the challenges of accomodating aging building residents. -
What to know about your HOA emergency preparedness plan
No board ever wants to find itself in the midst of an emergency, but they happen. Whether you face an outbreak of illness, an earthquake, a hurricane, a fire, the impact of any devastating event can be minimized by good emergency preparedness planning. -
Engaged Homeowners, Stronger Communities – Three Ways to Get Involved
When you purchase a home or unit within a deed-restricted community or building, your new residence comes complete with an added bonus – membership in your association. Whether your association is an HOA, community association or condo association, it’s comprised of fellow homeowners and stakeholders who, like you, want to protect the community’s property values, enhance its quality of life and make it a desirable place to live, both now and in the future.But an association can’t achieve these goals without homeowner involvement – after all, how can you have a say in what happens in your community if you don’t participate? -
Fallon Describes Emergency Storm Relief on Fox Business’ Cavuto
On October 28, the eve of Superstorm Sandy’s one-year anniversary, Fox Business News aired a powerful segment featuring Chuck Fallon, FirstService Residential CEO. -
Creating a Feng Shui entryway: Enhance your home and life
In today’s busy, noisy, fast-paced world, many of us have become multitaskers by necessity, caught up in trying to juggle the demands and responsibilities of family, health, career, lifestyle, community and more. But what if you could turn down the stress and volume of everyday life and enhance your life just by coming home? -
5 tips for fire safety in a building or high rise
Living in a high-rise, condominium or co-op certainly has its perks. You get the convenient location, the dramatic views, attentive concierge services and a range of amenities. However, vertical living also means added challenges when it comes to fire safety. Fortunately, there are measures that both your association board and residents can take to improve safety. -
Five Reasons to Stop Renting and Start Buying
If you’re part of the Millennial generation (typically defined as someone born between 1977 and 1992), the renting vs. buying landscape is drastically different for you than it was for your parents and their peers. That’s leading many Millennials to ask themselves the age-old question: should I rent a home or should I buy? -
HOA Benefits: Five benefits of living in an HOA community
You just got home from a long day at work, and the trash bins are still there, full, in front of your house. They’re starting to reek, and any calls to your local government at this hour to find out why they weren’t picked up are going right to voicemail. You feel like no one is on your side, and it won’t be long until the raccoons are here to feast. -
Five Ways Today’s Active Adults Spend their Days Differently
It’s no secret that active adult communities are changing. With shifting demographics and lifestyles, gone are the days of sequestered neighborhoods in the far-flung suburbs dominated by golf culture. -
Five Ways to Keep Snow from Burying Your Budget
Despite what the meteorologist on your nightly news might tell you, it’s actually pretty hard to predict the weather. And that means it’s difficult to anticipate how much you’ll be spending on snow removal this year. -
Five Winter Organization Tips
Winter’s coming, and with colder temperatures comes something that isn’t cool at all: disorganized closets and cluttered winter gear. -
Fixing a condo catastrophe without litigation
What happens when glass from a skyscraper crashes down onto crowded Fifth Avenue? It shatters your expectations of how a condo board, a developer and an insurance company can work together to come up with a compromise solution without litigation. Turns out it’s not impossible. Hey, who knew? -
Four things your association may not know about insurance for HOA board members
How much do you know about community association insurance? Every community’s bylaws and declarations include requirements to provide homeowners association insurance coverage, and Board members have a fiduciary duty to protect the best interest of their HOA and owners. Additionally, associations are under pressure to find the least expensive homeowners association insurance options available. But there is a caveat – in community insurance, as in most things, buyer beware – not all policies are alike, and if you neglect certain types of coverage, you may end up paying a much higher price. -
Four Ways Active Adult Communities Are Changing
Mention the phrase “active adult communities” and a few images probably spring to mind. But whatever you’re thinking (and we’re guessing it involves golf carts), the reality is actually a lot more diverse. -
Four Ways to Maintain Your HOA’s Financial Fitness
Keeping your homeowner association (HOA) or community association’s finances healthy works the same way as staying physically fit: don’t overindulge and make smart choices. And the upside is that the only thing you’ll have to exercise is good judgment. Here are some tips to help you do just that. -
Going Virtual: HOA & COA Web Conferencing
Given the unprecedented practice of "social distancing," now may be the best time to find the right video conferencing platform for your association.