Eyesores cost us capital
By Blaine Carmichael
CHOA Secretary/Treasurer

(Continued from page 10)

hike the annual dues to create future reserves.
     The vast numbers of new homeowners in Bexar County in our price range are governed by some kind of association.  It is the forum that is closest to the people.  It is our neighborhood government.  Nationwide, an estimated 40 million Americans live under the realm of homeowners associations.  The CHOA maintains our green space and ensure our residents abide by the deed restrictions (covenants).
     Those restrictions include a wide range of prohibitions and requirements designed to protect our aesthetics and property values. Limits include the size and type of fences; pools; outbuildings, such as sheds; and swing sets. The covenants are part of the deed and pass from one owner to another when the property is sold. A board of three residents governs our homeowners association. Each household gets one vote in the annual election.
     The board collects dues for maintenance, capital improvements, repairs and recreational projects.  The idea is to build strong communities and protect property values.
     Our primary purpose is to make sure that people stay within compliance of our covenants regarding building and the upkeep of their homes.  If someone is violating the covenants, we are required to and will approach them directly and put it in writing.  Normally, we are willing to work with people.  Legal action is a tool we have, but is our last resort.
     It is obvious many Americans appreciate the way Home Owners Associations operate.  Why else would 20 per cent of the population voluntarily place themselves under their control?

Special points of interest:

Town hall Meeting, Feb 18, 2003, 7PM at the Woodlake Middle School

To contact us:

Phone: (210) 646-0295

Fax: (210) 646-0296

 
Manager: Maribel Perez

Professional Association Management

 
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