CAM Mash Up: This Week (April 29 - May 5)

Posted by Meigan Montoya on April 29, 2019

Here's a quick rundown of all of the happenings in the CAM industry in this week's CAM Mashup!

What to Expect When...

...You Purchase a Home

Buying a home can be a trying experience. First you've got to tour all of these different homes (houses, condos, townhomes, what's the difference??), then you have to find one of them you like enough to say, "yeah I could live here for the next 25 to 30 years, sure," and then you have to make an offer and hope it doesn't get rejected. 

There's a least a million and a half documents you have to sign, and if you're signing into a community association, you'll want to commit a lot of those documents to memory (or at least make sure the association has some kind of easily accessible records-keeping repository that homeowners can access so they know what rules they're expected to abide by) because you're not just signing closing documents, you're signing agreements to abide by the rules of the association, and to pay the anticipated fees association with living there.

...You Join the Community

So you've found your home, you've bought it, signed for it, accepted all of the responsibilities of homeownership and community association what?

Maybe you don't like every single rule that you read upon purchase. Or maybe you don't think there are enough rules and want to add more to make the community as safe and vibrant as possible. Maybe you want to better understand the finances and what your money contributes to in the community. How can you do any of these things? Start by attending your community meetings. Being heard is just a matter of being in the right place at the right time (i.e. the scheduled meetings where the board discusses topics pertaining to the community!) and having something to say.

But if that's not enough to satisfy your need to contribute, you should consider joining the board.

Being a board member will offer a new way to make a difference in the community you'll be living out your foreseeable future in, and is a great way to better understand how your money is being used to benefit the community as a whole.

...You Become a Board Member

As a board member, you're expected to handle financial duties for the association and ensuring the financial health of the community. Maybe you have a management company to help assist with this (or you want to get a manager or property management firm involved), but there's more to it than numbers and paperwork.

You're responsible for the fair treatment of the residents, present and future, in your community, and not necessarily just by you and your fellow board members. You're expected to handle seemingly personal problems of home- or unit owners and be a voice of authority if the actions of a single resident are impacting the success of the community. You're taking on a lot of responsibility, but it supports the overall health of the community, and is an incredibly rewarding volunteer opportunity for any homeowner, new or established. Check out what you can do for your HOA or condo association today by reaching out to your own community association board of directors!

Do You Have Big News This Week? 

If you've got big news that would be relevant to other CAM professionals, please share it with us in the comments, or email and share a link to your news with us for inclusion in the next mash-up!

About the CAM Mash-up: As an educated member of the Community Association Management industry, you already know how crucial it is to stay informed and up-to-date on the latest news, trends and happenings within the industry. Each week, we bring together our favorite reads of the week and share them with you! Enjoy the CAM Mash Up and please share it too!

Click here to see a what your community looks like in TOPS [ONE].