Is your HOA collections terminology causing confusion? When word association leads to misunderstanding and frustration, it's time to rethink the language we use.
Best Practices Best Practices
Insight and Guidance on Condo & HOA Collections and more for the community association industry
Per a recent study, HOA foreclosures are happening more and more nationwide. Many factors are creating pressure on Boards to resolve delinquency, but is foreclosure really solving the problem at hand?...
Best Practices When assessments go unpaid, the immediate impact is obvious: less money coming into the association. But the slow burn side effects are declining HOA property values and community discontent.
Best Practices As the first half of the year comes to an end, HOAs should be closely assessing expenses and budgets. Evaluating the AR aging report and community delinquency trends now can help HOAs prepare for the ...
Best Practices, _Featured Posts Not all HOA collections solutions or providers are created equal. When it comes time for your community to reevaluate your delinquency resolution options, remember to carefully consider more than just...
Best Practices, _Featured Posts If you don’t know your HOA delinquency rate, or what a delinquency rate even is, you’re not alone. But this metric is an important factor in determining your community's financial health and well-...
Best Practices, _Featured Posts, Financial Management
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