MicroHOA | Financial Management for Small HOAs

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HOAs run better and easier with an online portal.  

Everything is available online.  Why not access to your HOA accounts and records?

Your home is one of your most important assets, and you need access to everything that affects it.  Are your complete HOA records available to you easily?

Or are they in a banker’s box in a member’s office closet, or in a spreadsheet on their personal computer?

Even if your community has professional management, do you have complete and immediate transparency to your financials?

Having a  convenient way to engage with your HOA isn’t just nice to have – it’s a must.

For board members and owners, an HOA portal has big benefits. This is a long list---take a few minutes to consider all of them!

Payments and HOA account information:  People can pay for almost anything they can think of from any device, no matter where they are.   It’s not surprising that homeowners expect the same level of convenience when paying for HOA dues. Secure online or in-app payment options not only makes the experience easier for homeowners, it also streamlines accounting services by processing and tracking payments automatically.

Faster response and service. It’s shocking how many HOAs and management companies still rely on paper letters to connect with residents. Paper mail is expensive, slow, and inefficient; online communication is instant and easy! For announcements and important issues, notifications can be sent to everyone with a single click.  Communication about fees, violations and architectural standards are easy to respond to, and communication chains are all in one place.

Paper communication is expensive. Printing, paper, and postage add up quickly, even for small HOAs. And they are slower and less reliable.  Online communication is more trackable and much cheaper.

Better and easier record keeping. Provide your owners instant access to what they need, wherever they need it. This is especially true for insurance, notices, and other important documents. A secure document portal makes it simpler for residents and owners to view or download important documents from the click of a button.

Financial transparency and oversight.   As a board member, do you have concerns about transparency of financial information—or even access to it?  ne of the most common complaints about HOA management is that they are inaccessible or hard to reach.  You won’t have to wait to get answers to questions, or wonder what’s happening with HOA payments or funds.

Continuity through changes. Board members rotate, property ownership changes.  With up to date online records, it’s so much easier to navigate change.  And much less work in a transition.

Easier and more professional communication. Providing residents and owners with easy-to-use communication features like a portal, mobile app and notifications is vital to keep communication flowing and everyone in the community connected. It also keeps HOA business out of your texts, voicemail, and personal email, and in a platform that keeps communication respectful and professional.

When you’re part of an HOA, your property is tied to the governance and health of the association you belong to.  Most days it doesn’t concern you---but when you go to sell, refinance, or even reinsure your home, it will matter a lot.   Having online access to your HOA is easy to do and important for your primary asset. 

Want a preview of the portal that MicroHOA builds and hosts for your community?  Contact us at info@microhoa.com.