HOA Collections Done Right: Spend Less, Collect More
Community association delinquency is a scourge every HOA has to deal with. When it comes time to begin the HOA collections process, consider this trick to spend less and collect more.
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The 5 Stages of Grief: HOA Foreclosure-to-Rent
Communities have a lot of options when dealing with delinquencies. Here are the hidden downsides to HOA foreclosure-to-rent.
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Community Association Collections 101: What Is a Condition Precedent?
Before you can begin the HOA debt collection process, you’ll have to meet the condition precedents for collecting. But what does that actually mean? We’ll break it down.
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Do Not Sell Your HOA Debt to a “So-Called” HOA Collections Entity
Communities struggling with delinquency can sometimes resort to drastic measures. Selling their HOA debt is one tactic guaranteed to do more harm than good.
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What Not To Do When Collecting from Military Homeowners
Collecting from delinquent homeowners is never easy, but harder still is collecting from military homeowners. The SCRA explains what HOAs can and cannot do while attempting to collect from an active duty service member.
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3 Ways Outside Investors Could Hurt Your HOA (And 3 Simple Solutions)
Outside investors buying into community associations can lead to increased homeowner apathy from absentee homeowners. Here’s what that can cause, and how to push back.
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3 Reasons to Hire an HOA Collections Agency to Manage Your Delinquencies
Community associations don’t have a lot of options when it comes to collecting past-due assessments from delinquent homeowners. Here are 3 reasons why an HOA collections agency is the right choice for managing your delinquencies.
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Is Your HOA Ready to File a Lien? Remember These 3 Do’s and Don’ts
HOA and condo association delinquency can be a major headache without a lot of solutions. Is your HOA ready to file a lien? If so, here are 3 do’s and don’ts to think about.
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Can my HOA Collect if the Homeowner Declares Bankruptcy?
When a homeowner declares bankruptcy, is the HOA or condo association still able to collect? In such a challenging situation, it’s essential to take the right steps and consult with specialized collections experts.
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Priced Out: Should I Lower My Prices or Walk Away?
Community management companies are often faced with a hard decision: Do I lower my prices, or do I lose the sale? Sometimes walking away can be the right thing to do – for your business and for your reputation.
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What Lessons Will Condominium Associations Learn from The Surfside Disaster?
The Community Association Industry is still reeling from the Surfside condo collapse disaster. Will Condo Associations the lessons it has to teach?
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Beware of Predatory HOA Collection ‘Solutions’
Buyer Beware! Not all collection solutions are created equal. HOAs and Condo associations should be educated to protect themselves against antiquated and predatory HOA collection practices that cause more harm than good.
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Fair Collections Everyone In Your Association Can Smile About
Condo and HOA Collections don’t need to be unfair. Merit-based solutions exist to make fair collections – a win-win for both the community and the homeowner.
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Condo and HOA Lien / Foreclosures are so 2008
The financial crisis of 2008 may have ended, but community associations are still acting like it’s 2008 when it comes to Condo & HOA Lien / Foreclosure.
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The Four Problem “P’s” in Condominium Governance Has a New “P” (it’s Packages)
Parking, Pets, People, and Petunias (landscaping). These 4 Ps are the recurring problems that condo associations face. Now, there’s a fifth “P” causing a world of problems: Packages.
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HOA and Condo Statutes Can’t Be Changed Just Because You Don’t Like Them! Why Would a Law Firm Do That?
Unethical collection practices are often conducted right under your nose, under the guise of good legal practice. It’s the community association that pays the price. Take a recent example of an association in Florida…
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Why Ethical Collections Really Matters for HOAs and Condominium Associations
Ethical Collections is about more than just doing the right thing. It is in the best interest of your association financials, and homeowner relations…
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Collections Tools for Self-Managed HOAs & Condos
Ideally, all unit owners pay their assessments on time. But what happens when they don’t? What collections tools for self-managed communities are available?
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VIrtual Event Lessons: The New Normal for Community Association Education
Pandemic or not, continuing education, training and meetings still need to be conducted. Virtual Events are filling the gaps. Here’s what we’ve learned.
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Follow these 4 Critical Steps Before You Make a Payment Plan for Assessment Collections
If you are going to make a payment plan for a homeowner to pay off delinquent assessments, make sure you follow these steps…
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Avoid These 4 Mistakes When Making Outbound Calls to Delinquent Homeowners
Outbound calls to delinquent homeowners seem simple, but they are highly regulated and can represent a liability if your organization does it wrong.
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Do you have Difficult People in your Condo or HOA?
What to do when you have difficult people in your association, even if they are on the board…
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Five Mistakes to Avoid When Collecting Past Due Maintenance Fees
Collecting Past Due Maintenance Fees is both an art and a science. Learn what NOT to do when a unit becomes delinquent.
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Delinquencies do not make for good neighbors in Condos and HOAs
Running the association as a zero-dollar business is necessary, but it creates a fragile economy. If a single owner misses just one payment, it could compromise the entire association.
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Community Association Collections…Helping out the Debtor…Really.
At Axela Technologies our collectors are trained to help debtors find the resources and help that they may need to get back on track.
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