The Focus Inspection Authority Difference

A lot of HOAs still do not have solid maintenance plans in place. Instead, these associations have a reactive approach to maintenance.

The board will wait for something to fail before repairing or replacing the component. This reactive approach is very common in financially-strapped associations. Since maintenance costs money, they will defer repairs or replacements until they are absolutely necessary.

However, a reactive approach to maintenance will only end up costing the association more. Reactive maintenance tends to cost 9 to 10 times more than preventive maintenance. While preventive maintenance requires an association to spend money at regular intervals, they will end up spending less in the long run. This is also because preventive maintenance deals with minor issues. On the other hand, reactive maintenance already deals with major damage to a component, which is more costly to repair or replace.

Apart from being cost-effective, here are the other benefits of having regular HOA maintenance inspections and plans:

As part of a maintenance plan, the HOA will conduct regular repairs for common area components. By keeping everything in good working condition, HOA can extend the useful life of components. Thus, the association can get a better value for its money.

When common area elements are properly maintained, they are less likely to break down and cause safety hazards for your residents. With a maintenance plan in place, the HOA can also monitor the structural integrity of components. This helps prevent significant damage in case of catastrophic weather conditions such as hurricanes, storms, and floods.

HOA maintenance plans ensure that common areas are always running as they should. There are no unexpected closures due to equipment failure. When everything is functioning as designed, residents are able to use the association’s amenities or services freely. Thus, homeowners are happier and have a better quality of life.

HOA maintenance plans help preserve property values. A community that is beautiful and well-maintained is more likely to attract new homebuyers. Welcoming new homeowners to the community is not only good for morale, but it also keeps the association financially stable.