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Foreclosures, Collections and Property Values
Foreclosures, Collections and Property Values
Jan 25, 2017
The Twin Cities real estate market is enjoying a welcomed period of prosperity, and a topic not often making headlines is foreclosures. At some point in the future, this nasty word may again join the common vernacular of any real estate conversation, though it’s debatable to what degree and how soon. It is important, however, to reflect on the effect these so called ‘distressed’ properties have on Twin Cities communities so we can be more prepared for the next time we experience a declining market.
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HOA Collections: Is Your Minnesota Community Being Proactive?
HOA Collections: Is Your Minnesota Community Being Proactive?
Jan 06, 2017
If only everyone paid their assessments on time every time…well, let’s just say we wouldn’t be writing this article. Regular assessments are what fund the operating expenses for your association, and if some homeowners don’t pay, it negatively affects everyone.
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Cartoon graphic of various holiday decorations in a room with a window at night
A Guide to Prevent Holiday Decorations from Snowballing Out of Control in Association Maintained Communities
Dec 20, 2016
No matter what the holiday or celebration may be, your HOA board needs to make sure that residents don’t run amok with their decorating. How can you establish—and enforce—decorating policies without putting a damper on your community’s festive spirit? Here are four tips for letting residents express their holiday creativity while keeping them from going “hog wild.”
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Light blue sparkly glitter
Tips for Minnesota Snow Birds. How to Protect Your Home During Winter Vacation
Dec 05, 2016
Once the weather starts to cool and temperatures begin to plunge, we often begin thinking of a winter getaway. The easy part about leaving Minnesota is deciding what to pack, but the job that a lot of people don’t put as much focus on is winterizing and protecting your home while you’re away.
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Male maintenance man spraying mold on a wall
Evaluating Potential Vendors
Nov 15, 2016
When your association hires a vendor, it could either be the best decision you ever made, or the worst; the stakes are high. A good vendor will execute your vision on time and on budget, whereas a not-so-good one can be the source of bad workmanship, unexpected delays, inconvenience, a whole lot of headaches, and could end up costing you more in the long run.
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Man in overalls standing with clipboard next to circuit breakers
What's Your Association's Maintenance Style?
Oct 28, 2016
Maintenance issues are something every Twin Cities community association deals with, whether it’s damage caused by a harsh Minnesota weather or regular upkeep, on average, maintenance can account for 25% or more of your association’s overall expenditures.
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Collage of Bridgewater Condominium lobby interior
Bridgewater Condominium Association Lobby Renovation and Art Exhibit Open House
Aug 01, 2016
We were delighted to be a sponsor of the open house on Thursday evening at Bridgewater, one of our condominium associations in downtown Minneapolis.
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Close up of woman's hand holding $100 bills dripping a stream of water
Program Helps Homeowners Associations Reduce Water Use
Jul 19, 2016
Reducing water use goes beyond individual residential irrigation systems. Woodbury also has approximately 140 homeowners associations that use a significant amount of water for lawn irrigation.
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Aerial view of forked road through suburban neighborhood
Master and Sub Associations - Benefits to Being Managed by the Same Property Management Company
May 26, 2016
Master-planned communities are found throughout Minnesota suburbs and are developments that integrate a variety of housing types divided into sub-communities (aka sub associations), but are under one larger community umbrella. Most of them incorporate townhomes or twin homes and single-family homes and, but can also include additional housing styles like condominiums and senior living facilities.
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Minnesota Tornado Tips
Minnesota Tornadoes: 5 Tornado Tips
May 12, 2016
There’s no way to prevent a tornado. But you can be prepared for one. Minnesota tornado stats are pretty straightforward: Almost 75% of all tornadoes occur during the months of May (15%), June (37%) and July (25%). In fact, meteorologists have even tracked the most likely time for a twister to between 2 p.m. and 9 p.m. On average, there are 27 tornadoes in Minnesota each year.