Category: Insurance

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How HOAs Can Prepare for and Manage Natural Disasters

Posted by Omega Property Management | Nov 27, 2024

It may seem like natural disasters are always in the news these days. From fires out west to floods in the east, natural disasters present a challenge to all communities in the United States. It doesn’t matter where you live; your homeowner’s association (HOA) needs…

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Understanding HOA Reserve Funds: Best Practices for Long-Term Planning

Posted by Omega Property Management | Nov 27, 2024

Homeowners associations (HOAs) play a crucial role in maintaining homeowner’s property values. A big way they achieve this aim is to keep the shared community assets, from roads to recreational amenities, well-maintained. Reserve funds are crucial for the long-term maintenance plans of an HOA. Minnesota has…

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