Love them or hate them, there’s no denying the surge in popularity of Homeowners Associations, or as they’re better known as HOA’s! However, these organizations still get their share of negative press with some people claiming them as obsessed with rules, and thoroughly expensive.
Yet, if you look at such an association from the viewpoint of a potential home buyer, you could just increase the power and selling potential of your home with many people now actively looking for those homes successfully enrolled in such a scheme.
If you’ve yet to make yourself known to your current HOA, here’s just a couple of reasons why introducing yourself before you place your home on the market could enhance your property status immediately.
A HOA Makes It Their Role to Keep the Immediate Environment Maintained
As a result of this, the upkeep of your property area will look a lot more presentable in return, making it a visually attractive property for onlookers. For potential buyers, the appearance of a property and those around it speaks volumes, so any property involved in this scheme has the chance to uphold and increase their market value this way.
A HOA Encourages a Safer Neighborhood
Members of the HOA will keep a vigilant eye out for anything that isn’t normal in the area, therefore, increasing the security of your property in an instant. If the association are aware of what is and isn’t quite right for standard neighborhood behavior, they are more likely to investigate and report it immediately, therefore safeguarding your home. Again, this neighborhood watch initiative makes it a more attractive choice of properties for potential buyers.
A HOA Neighborhood Is a More Sociable One
So many homeowners like to join their HOA for the social aspect of its presence. This is the place to meet and get to know those people who you live in close approximation to and start making some possible friendships while maybe inserting a bit of social activity into your agenda in the meantime. Meetings can take on a whole new meaning with a well-balanced HOA and the ability to showcase such social events and special occasions to potential buyers can increase interest greatly.
A HOA Fixes Problems Easier and Quicker
Perhaps the most significant aspect of a well-run and organized HOA is the ability of such a combined effort when addressing any crucial issues within the neighborhood, and indeed individual property. If a potential buyer sees an active HOA is in place, they will know of its ability to address problems with solutions such as landscaping, maintenance, and water issues for example. With a collective group making a complaint and building a petition or powerful platform, problems are solved much quicker in the long run.