Insurance: Walls-in vs Walls-out
It’s a great idea to review insurance policies occasionally. If you’re considering changing your HOA homeowners insurance you’ll want to keep in mind what kind of coverage you need. For most types of HOAs where there are shared walls and common spaces, you will need to understand how the HOAs master insurance affects your property. […]
Reviewing Your Dues
Goods and services go up over time. Doing an annual maintenance plan and having a reserve study done every few years will help your board understand what should be charged for dues each month to adequately fund your HOA. The other part of the equation is accounting for inflation of goods and services year-over-year. Opening […]
Updating Governing Documents
A new year is nearly upon us. That means it’s time for HOAs to conduct their annual review of governing documents. As your board takes on this task, there are some key elements to address. Areas to Review in Governing Documents Developer/declarant rights. If your HOA is new, it important to understand what declarant control […]
Maintenance Plan Review
Maintenance plans are very important to the value of each owner’s property in an HOA. We first covered this topic in March of 2020 (read here), but it is worth reviewing again as the year draws to a close. An annual plan to address both regular maintenance like fence repairs/upkeep is critical, but each HOA […]
Welcome Packets and Your HOA
A welcome packet is a nice way to make new families in your HOA feel at home and provide them with handy information about your community. Some ideas regarding items to include are: Welcome letter. It would be expected for a welcome packet to contain a welcome letter from the HOA community. This letter can […]
Festive and Safe Holiday Fun
Are you looking to get out of the house this holiday season? Even though there aren’t as many in-person activities due to COVID-19, there are still plenty of fun things to do! Glow Holiday Festival The Glow Holiday Festival is a drive-through holiday light experience at the State Fairgrounds. It is friendly for all ages […]
Understanding Insurance in an HOA
If your home insurance is something you plan on changing this year, it is important to understand what the HOA’s master policy covers vs what your policy needs to cover. There are two different types of coverages that may be in place within your HOA. WALLS IN The first policy is a known as “studs […]
Thinking About Selling Your Home?
With interest rates and housing inventory at historic lows, this is a very good time to sell your home. If you’re considering putting your HOA property on the market soon, there are a few things to remember about selling an HOA. A review of the Governing Documents for your Association is a good idea to […]
Haley Boles Joins the Sharper Management Team
Eden Prairie, MN, (September 9, 2020) – Sharper Management is pleased to welcome Haley Boles to its community management team as an Assistant Community Manager. She will be working with our Community Managers to ensure tasks and requests from Sharper Management properties are attended to efficiently. Boles comes to Sharper Management with a background in […]
Michelle Gaskill Joins the Sharper Management Team
Eden Prairie, MN, (September 9, 2020) – Sharper Management is pleased to welcome Michelle Gaskill to its team. As the new Operations Manager for Sharper, Gaskill brings nearly 30-years of experience and a wealth of knowledge to the position. Her effective and efficient information management style will be a great benefit to overall operations and […]