HōmWorks
HOA Bookkeeping and TIC Property Tax Services
Who We Are
HōmWorks (pronounced Home-Works) provides financial management for TIC & HOAs.
We come highly recommended by legal experts such as Andy Sirkin & Associates, Real Estate professionals, Title Companies. Mortgage- and Insurance Brokers.
HōmWorks started in 2010 as Albers HOA & SF TIC Services. We have grown to serve clients throughout California. We can assist you setting up your accounting for HOA organization or take over your existing books.
What We Do
We help you set up a new your financials for your HOA or TIC, including all the financial tasks and bank accounts. We put checks and balances in place and provide you with meaningful reports.
We transfer your existing books, help the TIC with those complicated Property Tax calculations and are here to assist new home buyers where it comes to the CC&R's or TIC Agreement.
Contact
Email: info@homworks.co
Main Phone: 415.912.0582
Locations
San Francisco | 1736 Stockton Street Studio 9 | San Francisco, CA 94133 | ph: 415.912.0582
Los Angeles | 200 N Larchmont Blvd Los Angeles, CA 90004| ph: 323.402.4914
Mailing | PO Box 330395 | San Francisco, CA 94133
Services
We take over your existing HOA books, put checks and balances in place and a proven support process. We pay your bills and provide you with as much information as you need to feel comfortable that your HOA is in good hands.
We assist developers of small to mid-size Condo and TIC buildings in setting up a support structure that allows individual unit sales and integration of the new co-owners as units are sold.
We assist the new TICs and HOAs with the development of HOA budgets, the monthly dues, setting up the books, a contribution payment process, penalty tracking, bank accounts, reconciliation and reporting.
We make it easier to sell or refinance your home with the state of the art HOA financial reporting and the execution of financial disclosure forms.
Support Package
Monthly bookkeeping tasks, bill paying, invoicing, collection and depositing monthly dues
Online/App HOA payments, shared document portal and electronic approval process for vendor bills
Bank management, including deposits and monthly bank statements
Reporting, including monthly, quarterly and annual reports, month-end reconciliations.
Co-owners delinquency tracking, penalty tracking automated reminders for delinquent homeowners
Annual Operating Budget preparation and reviews
Monthly Budget vs. actual tracking, income v. expense, cash flow and balance sheet reporting
Segregation of reserve and operating funds
Quarterly contribution analysis and adjustments
Annual property tax calculations and reviews for TIC shared tax liability
Support during unit sale or refinance, including working with real estate professionals
Budget and improvement project tracking related to expenses, special assessments, etc.
Annual HOA meeting review to provide a financial overview and answer detailed questions
Video - What we do.
Review from Wes C. on Yelp:
Our five unit HOA has worked with HOMworks and their predecessor for over ten years. I give them an enthusiastic five stars.
First. let me say I cannot imaging operating an HOA without an external firm like HOMworks. The amount of work involved, the potential for disagreement with other HOA members, and even the legal liabiltiy makes it a no-brainer to hire an outside accounting firm..."