Television commercials promote reverse mortgages as an easy financial solution for seniors. If a senior is struggling financially during their retirement years, a reverse mortgage appeals to them because it lets them remain at home and draw money. The final outcome of a reverse mortgage isn't as glamorous as the commercials portray. Understanding the implications for your active-adult community is important for preventing misconceptions about reverse mortgages and HOAs.
Have you ever wanted to stay in your own home while feeling as if you're on vacation 365 days of the year? If so, then you need to know about resort-style living, also known as a Country Club lifestyle. On the other hand, not everyone is suited for this type of lifestyle or can afford it. Here's what you need to know about resort-style living, regarding the basic pros and cons.
There are currently eight states and the District of Columbia that require Community Association Manager (CAM) to be licensed. These states include:
Topics: HOA | Condo Legal
Advancements in mobile technology have made it easier than ever for people to ditch the office and work from home. From remote work opportunities to freelance opportunities to online businesses, more and more people are choosing to spend each day commuting just a few feet to work rather than several miles.
The new year seems like the perfect time to start something new, and creating New Year's Resolutions is a popular way to establish new routines and eliminate bad habits. Unfortunately, many of us end up breaking our resolutions before they can become permanent changes. This year we wanted to give you some tips to help those resolutions stick.
The holiday festivities are over, all of the presents have been opened, the meals have been eaten, and a once beautiful Christmas tree is wearing out its welcome. Now what? As the National Christmas Tree Association points out, if you have a real Christmas tree, it is biodegradable. The most common ways to recycle to a Christmas tree are to leave it on the curb for recycling pickup or chop it up for yard waste pickup, but there are some great alternatives.
Topics: HOA | Condo Seasonal and Holiday
One of the most wonderful things about an HOA neighborhood is the potential to come together during the holidays. Spreading joy throughout the holiday season is a great way to connect with your neighbors and to enrich your community. Of course, simply smiling and saying "Happy Holidays" is only the beginning. Whether you're an HOA council member or looking to spread joy through your neighborhood, we've put together some lovely ways to uplift the spirits and share the holiday cheer through your entire community.
Topics: HOA | Condo Seasonal and Holiday
Increasing homeowner engagement is an important component of building a strong community. More homeowner involvement gives HOA board members a broader perspective on issues facing the community. As your association gets more homeowner participation, the board may be able to lighten its workload or get more done by delegating tasks to volunteer committees. You may want to consider how your association can adopt or modify these ideas to meet your unique needs.
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Thanksgiving is a wonderful time for a food drive. Not only is everyone thinking about the value of their possessions to be thankful for, but they are also clearing out their pantries for feast ingredients. Associations can share a great deal of Thanksgiving fun by planning for events and charity. Everyone loves the feeling of knowing that the foods they haven't cooked in months will go to a family to help make their Thanksgiving a rewarding day full of food as well. There are so many families who can't afford a feast this year who benefit from the food drives put together by generous communities like yours.
Living luxuriously means you enjoy many modern comforts. A soothingly hot shower is no exception! When you step into the shower at your home, you expect instantaneous hot water. Most of us do not think about how our water is heated. We simply anticipate hot water flowing through any of our household taps and appliances when we need it. Yet, most homeowners do think about ways to make their homes energy efficient.