article thumbnail

Porch Group’s insurance carrier Homeowners of America placed under regulatory supervision

Housing Wire

Porch Group announced that its insurance subsidiary Homeowners of America (HOA) has been placed under temporary supervision by Texas regulators. Porch said since terminating a reinsurance agreement connected with Vesttoo on August 4, HOA replaced 84% of the roughly $175 million in reinsurance coverage provided under that contract.

Insurance 408
article thumbnail

New habitat laws have homeowners (and HOAs) buzzing

Inman

The power of the HOA may be over in some areas where personal preference and environmental concerns are ruling the day.

HOA 137
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is an HOA?

Lamacchia Realty

WHAT IS AN HOA? An HOA, or Homeowners Association, is when a common interest community – which includes mainly condos but could include some single-family or waterfront properties – provides ground rules for maintaining their common spaces and property. HOAs can also have legal power over properties.

HOA 65
article thumbnail

Should I Invest in an HOA Neighborhood? Pros & Cons

BiggerPockets

There are positive and negatives to buying an investment property in an HOA neighborhood. Here's what to consider when evaluating your deal.

HOA 53
article thumbnail

6 things you should do after moving into your new home

Housing Wire

Understand HOA Rules. One of the first things you should do when you move is gain an understanding of HOA rules. Some HOAs require status updates on the property, like when the mortgage is transferred. You should also make sure you have a working fire extinguisher, in the event of an emergency. . Check Your HVAC System.

HOA 475
article thumbnail

Can Condos or HOAs Require Vaccination Proof to Use Amenities?

Empire Appraisal Group

Can Condos or HOAs Require Vaccination Proof to Use Amenities? Source: Can Condos or HOAs Require Vaccination Proof to Use Amenities? The post Can Condos or HOAs Require Vaccination Proof to Use Amenities? Florida Realtors. By Rob Samouce. NAPLES, Fla. – © 2021 Journal Media Group. appeared first on Empire Appraisal Group.

HOA 78
article thumbnail

All you Should Know About HOAs in Florida

Lamacchia Realty

ALL YOU SHOULD KNOW ABOUT FLORIDA HOAs. Purchasing a home in an area with HOA fees can be tricky, especially since many people aren’t familiar with the process. Although it might not seem so at first, HOAs in Florida are there to help you as a homeowner. HOAs in Florida - what are they? Hire professionals for help.

HOA 46