According to reported figures last year, nearly 66 million Americans live in communities that are overseen by a homeowners association or similar entity. Here in Eden Prairie, Minnesota, and the surrounding area, HOAs thrive as communities have seen a tremendous spike in interest with new homeowners moving in. Even the best associations have their challenges, however, as board members have to deal with a broad spectrum of issues that arise from time to time. Below are some of the most common challenges to operating a successful HOA and what you can do to minimize their impact.
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