Know Your HOA

If you are buying, selling, or living in an Atlanta area neighborhood, you are familiar with a Neighborhood Homeowners Association. (HOA) The HOA is a fact of life. The intention of the HOA is simple: •Keep the integrity of the neighborhood •Have a written plan for violations of covenants •Promote transparency of finances •Help to keep home values up I live in a very unique neighborhood. The developer is the architectural committee. He approves new construction and improvements to existing homes. He also owns the common assets including the pool, tennis courts, and pavilion. We have an elected board. They make covenant decisions, financial decisions, and make more day to day decisions. We have a management company. One hour away from my neighborhood we have a professional management company. They send letters for violations and provide legal help Confused? You should be because the majority of my neighbors do not understand this very unique situation. And in many cases they do not care. Moral of this story: Your house represents your largest investment. How your HOA performs will have a great impact on your investment. GET INVOLVED, STAY INFORMED, & DO NOT BE AFRAID TO ASK QUESTIONS! If you find yourself in the North Atlanta, Lake Lanier area give us a call. We are The Wells Team of Keller Williams Community Partners. www.randywellsteam.com