Demanding that HOAs save money for the future is just one part of the solution. In practice, a fully-funded reserve account is a solution that may be impractical or impossible to implement for the vast majority of existing HOA-governed communities.
IAC reached out to several legal and consumer advocates across the U.S., and asked them to share their thoughts on how to prevent another tragedy like the collapse of Champlain Towers South, near Miami, Florida.
Can a property owner get rid of restrictions on their property, when the HOA won’t live up to its responsibilities?
What a different a year makes. As the U.S. begins to return to “normal,” the housing market is in a state of turmoil. Millions of folks want to buy a home, and competition is fierce in some markets. IAC takes a look at some current trends, and the changes occurring in the market for HOA-governed housing.