Category Archives: HOA Financial Management

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What Is An HOA Loan? How Will It Help With The HOA’s Finances?

HOA Budgeting, HOA Financial ManagementBy admin February 8, 2023 Leave a comment

Now and then, a homeowners association will run into financial trouble and require an immediate solution. In addition to special assessments, most boards turn to an HOA loan. But is a loan even advisable? What Is an HOA Loan? An HOA loan is simply a sum of cash that a homeowners association borrows from…

HOA Fraud: How Can The Board Protect Itself

HOA Financial ManagementBy admin September 20, 2022 Leave a comment

Homeowners associations are not immune to fraudulent activity. In fact, because associations tend to deal with a lot of money, they are prime targets of HOA fraud. The sad part is that most instances of fraud are perpetrated by people working inside the HOA in the first place. Types of HOA Fraud While financial fraud…