Not all companies that serve homeowners are created equal. 

When a business that serves homeowners is accredited by HOA.com, they’re also called Certified or Trusted Pros. 

If you’re a company owner or on the marketing team, you can learn more about getting your business certified at HOA.com/Pro.

Events hosted by the Community Champion, the HOA Board, an HOA.com Certified Pro who has claimed the local community. Events could consist of Movie at the Park, Community Potlucks/BBQ, Bounce Houses, Ice Cream Socials, Watermelon Eating Contests, Kids Fun Days, Community Fitness Days, Pizza Parties, and many more.

To learn more about Community Impact Events to how to become a Community Champion, visit HOA.com/Impact.

A part of a valuation technique that determines the value of a current asset by using a recently sold asset similar enough for indicating the expected sale price.

A is comprised of condominium owners. Condominium owners own their individual units and have joint ownership in the building and grounds with other units. COA fees not only cover common areas but the fees also cover building repairs and maintenance.

A secondary signer on a lease or mortgage who verifies the principle signer’s identity and/or provides additional assurance to the lender or landlord.

All American citizens can have the opportunity to live in different housing communities regardless of their age, disability, gender, familial status, nationality, race, or sexual orientation.

A difference between the home’s market value and the monetary amount owed to the lender who holds the mortgage. Equity is the amount the owner of the property would receive after paying back the mortgage.

A federal law that aims to ensure there’s no discrimination in the housing market based on age, color, disability, familial status, gender, nationality, race, and religion.

An agreed-upon price that well-informed buyers and sellers reach after negotiations driven by the current market conditions.

After purchasing a home, homeownership entails owning one’s house or flat, and having an active mortgage on it.

A listing of a home allows sellers to list and show their property is for sale in the real estate market. The information you see on the listing comes from the real estate listing terms agreed on by the owner and the agent authorized to handle the sale of the property.

The HOA.com HomeSafe Report is a report designed for homeowners to check all information on their home, including home value, ownership information, and community details. 

Want to see how much your home is worth? Get your free report at HomeSafe.HOA.com. 

An organization consisting of homeowners residing in a specific condominium complex, planned community, or a subdivision with an aim to create and enforce guidelines and rules in the building.

An odd quantity of individuals members who generally live within the community which are elected or appointed to assist to ensure the residents in the community follow the community rules, policies for neighborhood governance. The HOA Board also assists in managing and budgeting the operating cash for the community.

A debt instrument outlined by a legal agreement that obliges the borrower to pay the loan back as instructed, whereas the lender has a conditional right of ownership on the mortgagor’s property as loan security.

A specific date or dates when a homeowner and real estate agent market to the general public to view the property, usually within a 1- to 3-hour window of time. During the event, the listing agent will answer questions, point out design features and record the contact information for any interested parties interest to buy the property.

A primary stage of the bidding process that establishes the maximum amount of loan for the applicant.

References but not limited to day-to-day care and maintenance of residential, commercial, or industrial real estate.

A person, company, or team managing a real estate property that belongs to someone else. Property managers get compensated for dealing with accounting, maintenance, and rent collection among other duties.

A qualified agent who leases and sells real estate properties. A real estate agent can apply and become a Realtor® by working with the National Association of Realtors. Not ever Real Estate Agent is a Realtor, but every Realtor is a Real Estate Agent.

If you’re interested in finding a local Real Estate Agent to buy or sell a home, head over to HOA.com/Zoom to match up with the right agent for you!