The Axela Blog

Condo & HOA Collections
Who Collects HOA Fees?

Who Collects Condo and HOA Fees and Assessments? What Happens to the Money?

By Bob Gourley / 5 January, 2022

HOA fees and assessments are the lifeblood of a community association. But why is that so? Understanding how and why your community collects fees is important to understanding your part in your condo association or HOA.

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Shifting the Emotional Burden of Condo and HOA Delinquency

Shifting the Emotional Burden of Condo and HOA Delinquency

By Bob Gourley / 16 December, 2021

HOA delinquency is a common problem many communities face. Homeowners and condo association board members shouldn’t have to handle the emotional turmoil unpaid assessments bring.

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Axela Hero Owner Files Bankruptcy 2

Community Association Collections 101: What Happens When An Owner Files For Bankruptcy?

By Mitch Drimmer / 8 December, 2021

Community association collections are hard enough with standard delinquency. Throw homeowner bankruptcy into the mix and you’ve got a real pickle on your hands. Here’s how to handle such a tricky situation.

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Axela Hero Trad VS hoa Blog

Traditional Collection Methods Versus the HOA Business Model (A Case Study)

By Mitch Drimmer / 4 November, 2021

Traditional collection methods leave a lot to be desired for HOAs and condo associations. See how Axela was able to help a community association when those other collection methods fell short.

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Axela Hero Bankruptcy collections

Can my HOA Collect if the Homeowner Declares Bankruptcy?

By Mitch Drimmer / 27 October, 2021

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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FISHY LEGAL TACTICS HOA ATTORNEYS HAVE USED FOR COLLECTIONS

Fishy Legal Tactics HOA Attorneys Have Used for Collections

By Mitch Drimmer / 15 October, 2021

Attorneys are always looking for new ways to make the most money, even HOA attorneys. Time and again we’ve seen the tricks they use claiming to try to collect for your association, but really they’re just lining their own pockets.

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Lawyer for HOA Collections

Why Is Your Community Association Still Using a Lawyer for HOA Collections?

By Bob Gourley / 9 September, 2021

Should you contact your lawyer for HOA collections? Calling in the big guns may sound good, but it can also cost huge fees that may end up coming back to the association in the long run.

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super liens are nice for community associations but not necessary

Super Liens: Nice, but Not Necessary

By Mitch Drimmer / 18 August, 2021

Super liens or priority liens allow community associations to collect on the debt owed to them before other lien holders. Cutting the lien line with a super lien sounds like a nice benefit to have, but it surely isn’t one you need. Community associations can recover on debt even without the advantage of a priority lien.

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Don't Get Sued Get AXELA

Don’t Get Sued, Get Axela!

By Bob Gourley / 16 July, 2021

Is your community association indemnified from legal action resulting from collection activities? If not, new legislation could put you in danger of being sued. Want to get paid without risking it all? It’s time to get Axela.

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HOA Collection Case Files

What Would You Do? HOA Collection Case Files

By Mitch Drimmer / 24 June, 2021

In this edition of HOA Collection Case Files, we explore a case where the owner has passed, owing the association 17k, and a 13k tax certificate. The heir cannot afford to pay, and the estate is scheduled for a tax sale. What would you do to recover for this community?

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Fair Collections Everyone in Your Association Can Smile About

Fair Collections Everyone In Your Association Can Smile About

By Bob Gourley / 18 June, 2021

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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Collections Value Chain

Consider the Value Chain for the Most Effective Collections for Condos and HOA’s

By Mitch Drimmer / 29 April, 2021

Condominiums and Homeowner Associations cannot afford anything less than a perfect cash flow scenario. Which brings us to the concept of “The Value Chain.”

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Association Collections 101 - Initial Demand Letters.png

Condo/HOA Collections 101: Initial Demand Letters

By Mitch Drimmer / 24 March, 2021

In our series covering the basics of Condo and HOA Collections, Learn why the initial demand letter is important, what the law says, and what you need to do to stay out of legal troubles.

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What does an HOA collection agency do?

What Does an HOA Collection Agency Do?

By Bob Gourley / 2 March, 2021

If the governing documents don’t specify, is it legal to hire a 3rd party collections agent and what does an hoa collection agency do?

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Payment Plans for Delinquent Assessments

Condo/HOA Collections 101: Payment Plans

By Mitch Drimmer / 3 December, 2020

In our series covering the basics of Condo and HOA Collections, Learn all you need to know about payment plans for delinquent assessments.

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Is a specialized collections company right for you?

Why A Specialized Collections Company Makes Sense for Your Community Association

By Mitch Drimmer / 17 November, 2020

Is a specialized collections company right for your community association? If your board is reluctant to consider a collections agency, here are the facts.

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community association liens

Condo/HOA Collections 101: Community Association Liens

By Mitch Drimmer / 1 October, 2020

In our series covering the basics of Condo and HOA Collections, Learn all you need to know about community association liens.

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Credit Bureau Reporting for HOAs and Condo Associations

Condo/HOA Collections 101: Credit Bureau Reporting for Condo & HOA Assessments

By Mitch Drimmer / 12 August, 2020

In our series covering the basics of Condo and HOA Collections, Learn all you need to know about credit bureau reporting.

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What You Need to Know About HOA Collection Underwriting

Condo/HOA Collections 101: Underwriting in HOA Collections

By Mitch Drimmer / 28 July, 2020

In our series covering the basics of Condo and HOA Collections, Learn all you need to know about Collection Underwriting.

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Skip Tracing for HOA Collections

Condo/HOA Collections 101: Skip Tracing

By Mitch Drimmer / 23 June, 2020

In our series covering the basics of Condo and HOA Collections, Learn all you need to know about skip tracing

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Collections Agency Buyers Guide

Do Your Due Diligence When Choosing An HOA Collection Agency

By Mitch Drimmer / 16 June, 2020

Considering a collections agency? Here are 7 things you should look at before choosing an HOA collection agency.

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Association Collections 101 - Assessments

Condo/HOA Collections 101: Community Association Assessments

By Mitch Drimmer / 9 June, 2020

In our series covering the basics of Condo and HOA Collections, Learn all you need to know about community association assessments

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Community Association Fund Recovery

Community Association Fund Recovery For Your Safety

By Mitch Drimmer / 14 April, 2020

HOA collections is a matter of security and cannot be delayed. Prioritize community association fund recovery over punishment.

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Just the facts on your delinquencies checklist

A Checklist for your Condo and HOA Delinquencies

By Mitch Drimmer / 14 January, 2020

The first step to a good collections process is establishing a fact pattern. This checklist covers all the questions you should have answers to before you begin.

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Is your attorney leveraging riders

Use Riders to Collect Delinquent HOA Fees

By Mitch Drimmer / 17 December, 2019

There are many ways to recover delinquent maintenance fees. Have you considered contacting the lender of a delinquent unit owner?

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