People buy own house so that they have a property of their own. By having a house of their own people would not have to pay rents. They will have the privilege and pride of having a house.There are different types of houses.People can either buy an independent house or can buy flats.When there are a group of houses its important to have a committee who can coordinate and take care of the maintenance of the property. When it comes to the topic of house there are many things which to be taken care. The owners of the house will take care of the things in the house. All the necessary repairs or the maintenance of the house is taken care by the owner of the house.However when it comes to the common area of the building it has to be maintained by someone. Hence the best solutions is the HOA which is the homeowners association. It has a common goal of ensuring that the common area of the house is maintained.And one of the main reason for creating a HOA would be to increase the value of the property.People would like to buy a property which has an Association to take care of the common areas and also which would have few rules and regulations set up for the welfare of all. There are HOA management company San Antonio which is very reputed.People who buy a house in the community would automatically become a member of the HOA.There would be other members of the community and they would have meeting regularly to discuss and decide on the actionable.
Let’s see the role of HOA:
The HOA acts as a non-profit organization.It is almost like the non-profit organization which works with an intention of serving and maintaining things without looking for any profit. There are board of directors in the association who conduct meetings and take decisions. It is the role of the board of directors to run the HOA. Initially the developer creates the HOA and gradually when people start buying the house they also automatically become a part of the HOA. Later once all the houses are occupied and there are people who are a part of the HOA then the developer hands over the HOA to the homeowners. Later they elect the board of directors. They would volunteer to oversee the community and also provide assistance in managing the operations.
HOA acts as a coordinator and assists in handling the day to day operations of the complete building.Its important for an association to be created as there should be one group who can coordinate all the activities.