Often maligned, usually misunderstood, rarely fully appreciated. There is a lot that your Homeowner Association does for you. In this episode we discuss the positives and negatives of HOAs with Pam Bailey, President and CEO of Chaparral Management group.
"Nosy neighbors. Busybodies with nothing else going on in their lives so they get into everyone else's business in the neighborhood. What does a Homeowner Association do for me other than tell me what color I can paint my house?"
This is a common question that real estate agents hear. Instead of trying to answer this question ourselves, we enlisted the help of the foremost authority we could find on HOAs, Pam Bailey. Pam is the CEO of Chaparral Management company, which since 1985 has helped HOAs operate on a day to day basis. She is also heavily involved in the lawmaking process with the Texas state legislature. Each year when the legislature is in session, Pam is in Austin advocating on behalf of HOAs across the state to ensure that new laws don't adversely impact the HOAs or the communities they serve.
Pam was very generous with her time, covering the specifics about how HOAs operate, and how they improve the value of the communities they serve.