HOA Management Companies: Solving Major Cases in the Carolina’s
Homeowners associations (HOAs) are responsible for the upkeep and management of common areas in a community. This can be a daunting task, especially for small HOAs that don’t have the resources to hire a full-time staff. That’s where HOA management companies come in.
HOA management companies provide a variety of services to HOAs, including:
- Financial management
- Maintenance and repairs
- Collection of assessments
- Enforcement of covenants and restrictions
- Board education and training
HOA management companies can help HOAs save money, improve efficiency, and avoid legal problems. Here are three major cases that HOA management companies have solved for HOA’s in North and South Carolina:
Case 1: Financial Management
A small HOA in North Carolina was struggling to manage its finances. The board members were not experienced in accounting or budgeting, and they were making costly mistakes. The HOA hired a management company to take over the financial management. The management company implemented a new accounting system, created a budget, and helped the board members understand the financial statements. As a result, the HOA was able to save money and avoid financial problems.
Case 2: Maintenance and Repairs
A large HOA in South Carolina had a problem with deferred maintenance. The board members were not sure how to prioritize repairs, and they didn’t have the resources to hire contractors. The HOA hired a management company to manage the maintenance and repairs. The management company created a maintenance plan, identified and prioritized repairs, and hired contractors to complete the work. As a result, the HOA was able to improve the condition of its common areas and avoid costly repairs in the future.
Case 3: Collection of Assessments
An HOA in North Carolina was having trouble collecting assessments from its members. Some members were refusing to pay, and others were paying late. The HOA hired a management company to collect the assessments. The management company sent out reminders, followed up with delinquent members, and filed lawsuits against non-paying members. As a result, the HOA was able to collect the assessments and avoid financial problems.
These are just a few examples of how HOA management companies can help HOAs in North and South Carolina. If your HOA is struggling with any of these issues, consider hiring a HOA management company to help you get things back on track.
Contact Revelation Community Management Today
Revelation Community Management is a professional HOA management company that has been serving HOAs in North and South Carolina for over 15 years. We offer a comprehensive range of services to help HOAs save money, improve efficiency, and avoid legal problems.
Contact us today to learn more about how we can help your HOA. We would be happy to answer any questions you have and provide you with a free consultation.
Call us at 704-583-8312 or visit our website at www.revelationcommunitymanagement.com.