What is an HOA and its purpose?

An HOA is typically a non-profit organization established by a community developer to maintain and enhance shared areas and enforce community rules. It operates through a board of directors, usually elected homeowners. HOAs aim to maintain the aesthetic appeal and overall quality of life within the community by upholding deed restrictions and managing common areas like parks, pools, and landscaping. This contributes to maintaining property values.

How much are HOA fees, and what do they cover?

Homeowners pay regular fees, or dues, to cover operational costs, maintain shared areas, and fund reserve accounts. The amount varies based on location, amenities, and community size. Fees can cover landscaping, security, amenities maintenance, insurance, and utilities in common spaces.

How are HOA fees determined and calculated?

The HOA board determines fees based on the association’s annual budget, which includes expected expenses for maintenance, amenities, and future repairs. Fees are typically calculated based on property size or a flat rate for all homeowners.

Can HOA fees increase?

Yes, fees may increase due to rising maintenance costs, inflation, or the need for reserve funds for future projects.

What is a reserve fund, and why is it important?

A reserve fund is a savings account for large, infrequent expenses like road paving or roof replacement. Adequate reserves can help avoid unexpected special assessments.

What happens if I don’t pay my HOA fees?

Failure to pay can lead to late fees, interest, suspension of amenity access, legal action, a lien on your property, and potentially foreclosure.

What are the HOA rules (CC&Rs)?

HOAs have rules and regulations, outlined in the Covenants, Conditions, and Restrictions (CC&Rs), that homeowners must follow. These can govern things like exterior paint colors, landscaping, parking, and building modifications.

What kind of things can an HOA regulate?

HOAs regulate aspects that affect the community’s appearance and function, such as paint colors, landscaping, lawn maintenance frequency, vehicle parking, trash disposal, pet rules, and holiday decoration guidelines.

How are rules enforced?

HOAs usually start with notifications and fines for rule violations. They may escalate to legal action, including liens or foreclosure in extreme cases of non-compliance or non-payment.

Can HOAs restrict things like satellite dishes or fences?

HOAs can have rules about external elements, but it’s important to be aware of regulations like the Telecommunications Act of 1996, which limits HOA restrictions on certain satellite dishes.

How do I know if I need approval for exterior changes?

Consult your HOA’s governing documents and inquire with the board or management company before making any changes to your property’s exterior.

Resident Benefits Program

Experience the Faith Pro Difference

At Faith Pro LLC, we are committed to providing an exceptional rental experience. That’s why every resident is enrolled in our Resident Benefit Package, a required program offered for $15 per month and included with all new lease agreements and lease renewals. The package is designed to provide valuable services, added convenience, and peace of mind throughout your residency.

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View the Program Qualifications

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Benefits of the Program

Experience responsive service, trusted support, and a team that’s here when you need us.

24/7 Maintenance Coordination – Submit maintenance requests anytime through the online resident portal. For maintenance emergencies, our in-house team is available 24/7 to coordinate a prompt response.
Trusted, Vetted Vendors – We partner with licensed, insured and carefully screened vendors who meet Faith Pro LLC’s high standards for professionalism and quality service.
Home Buying Resources – When the time comes to purchase a home, we’re here to support your next chapter by providing resources and connection to experienced professionals who can guide you through the process.
Additional Home Services – Our maintenance team is available to assist with select home services, including furniture assembly. These services are available upon request for an additional fee, with pricing based on the scope of work.
24/7 Online Resident Portal – Enjoy convenient, around-the-clock access to your resident portal, where you can make rent payments, review lease documents, and manage your account from anywhere.
Late Fee Forgiveness – We understand that unexpected situations can arise. Residents receive one waived late fee during their lease term, providing added flexibility when it’s needed most.

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Faith Pro Is Happy to Help

From HOA management to rental property maintenance and everything in between, the team at Faith Pro LLC is proud to serve a number of communities in Northern Colorado. Whether you’re in Fort Collins, Boulder, or somewhere else along the northern Front Range, we’re here to make communities more livable and your life a whole lot easier. Contact us today to learn more or schedule a consultation.