Over 28 million Americans live in a Home Owners Association of some sort. HOAs are important organizations to manage the shared assets and financials of homeowners. They are also a community of neighbors and provide an opportunity to build connectivity and friendships. However, they are not without their challenges! Boards spend nights and weekends navigating complex CC&Rs, deciphering reserve fund studies, and answer countless resident questions. Residents feel out of the loop, paying dues into a black box with little insight into how their funds and community is being managed. Being in an HOA can mean being part of a trusted, close knit community of friends or it can be a source of frustration, bickering and even litigation. Home buyers are handed hundreds of pages in disclosures to decipher in a few days before committing to an association.
CommunityWise aims to help fix that. It’s a resource fo homeowners, boards, and prospective buyers to help understand, connect, and operate HOA communities effectively.