Frequently Asked Questions

Homeowner’s Insurance

Congratulations if you have paid off your house mortgage. This is a very vital step to continue to have your homeowner’s insurance coverage even though your mortgage is paid off. This is very important to protect your largest investment from unexpected events life may throw your way. There are many cases of homeowners who forget to pay for homeowner’s insurance that lost thousands of dollars that they cannot afford to repair their house being damaged by fire, burglary or other accidents.

Renter’s Insurance

To protect yourself as a landlord, it is very important to require your tenants to have a renters insurance: Renters insurance that can help you and your tenants to replace stolen or damaged items. This can help you as a landlord to reduce some of the monetary loss in case of accidents that caused by your tenants and others. The monthly insurance fee is usually around $12 to $15 per month only

Having a thorough and consistent screening process is one of the most important steps you can take as a successful landlord. Conducting a tenant screening can help to minimize some of the risks of being a landlord, such as late payments, no payments, tenants eviction, and property damage. In California hot rental market, tenants are usually required to pay for tenant’s screening. Landlord can screen every tenant on the lease without a fee.

How do I run a background check on a tenant?

  • 1) Income
  • 2) Landlord and Employment References
  • 3) Credit History
  • 4) Evictions
  • 5) Criminal History

An ideal tenant should have enough income to cover their rent, even when unexpected expense arise. Keep in mind that the industry standard is a ratio of three times the income to rent.

The maintenance and management services incurred by the Association are dependent upon timely receipt of the assessments due from each homeowner. Late payments will result in a late charge as assessments are due on the first of the month. In addition, the CC&R’s allows the Association to charge late charges and interest and proceed with a lien on your property, or foreclosure proceeding for nonpayment of assessments.

If you want to sell or refinance your home, the transaction typically requires HOA to provide specific HOA documents to lender, Escrow and/or a buyer, we can provide these documents to your lender and/or a buyer. We are tasked for this request for a fee. Due to the nature of the request, the payment is non-refundable. Our turnaround time is around 5 business days from the day we receive your payment. Please be patient as we gather the requested documents, update and verify information for accuracy. Please submit a request on appfolio, email or call 888-780-0355.

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