Fishy Legal Tactics HOA Attorneys Have Used for Collections
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.
Read MoreWhy Is Your Community Association Still Using a Lawyer for HOA Collections?
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.
Read MoreSuper Liens: Nice, but Not Necessary
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.
Read MoreDon’t Get Sued, Get Axela!
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.
Read MoreWhat Would You Do? HOA Collection Case Files
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?
Read MoreFair 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.
Read MoreConsider the Value Chain for the Most Effective Collections for Condos and HOA’s
Condominiums and Homeowner Associations cannot afford anything less than a perfect cash flow scenario. Which brings us to the concept of “The Value Chain.”
Read MoreCondo/HOA Collections 101: Initial Demand Letters
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.
Read MoreWhat Does an HOA Collection Agency Do?
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?
Read MoreCondo/HOA Collections 101: Payment Plans
In our series covering the basics of Condo and HOA Collections, Learn all you need to know about payment plans for delinquent assessments.
Read MoreWhy A Specialized Collections Company Makes Sense for Your Community Association
Is a specialized collections company right for your community association? If your board is reluctant to consider a collections agency, here are the facts.
Read MoreCondo/HOA Collections 101: Community Association Liens
In our series covering the basics of Condo and HOA Collections, Learn all you need to know about community association liens.
Read MoreCondo/HOA Collections 101: Credit Bureau Reporting for Condo & HOA Assessments
In our series covering the basics of Condo and HOA Collections, Learn all you need to know about credit bureau reporting.
Read MoreCondo/HOA Collections 101: Underwriting in HOA Collections
In our series covering the basics of Condo and HOA Collections, Learn all you need to know about Collection Underwriting.
Read MoreCondo/HOA Collections 101: Skip Tracing
In our series covering the basics of Condo and HOA Collections, Learn all you need to know about skip tracing
Read MoreDo Your Due Diligence When Choosing An HOA Collection Agency
Considering a collections agency? Here are 7 things you should look at before choosing an HOA collection agency.
Read MoreCondo/HOA Collections 101: Community Association Assessments
In our series covering the basics of Condo and HOA Collections, Learn all you need to know about community association assessments
Read MoreCommunity Association Fund Recovery For Your Safety
HOA collections is a matter of security and cannot be delayed. Prioritize community association fund recovery over punishment.
Read MoreA Checklist for your Condo and HOA Delinquencies
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.
Read MoreUse Riders to Collect Delinquent HOA Fees
There are many ways to recover delinquent maintenance fees. Have you considered contacting the lender of a delinquent unit owner?
Read MoreDoing Collections Yourself? Here's What Your Board Needs To Know
Thinking of doing collections yourself for your community association? Here’s some advice to help…
Read MoreThe Needy, The Greedy, & the Seedy. HOA & Condo Collections
In most cases the delinquent owners fall in to one of three categories: The Needy, The Greedy, and The Seedy. The only question remains is: How do we treat each one?
Read MoreCondo and HOA Collections…Choosing the Right Solution
Can lost fees be recovered where the cost of the recovery does not exceed the recovery itself? Who should community associations turn to for Condo & HOA collections?
Read MoreWhat is “Zombie Debt” and What is your Community Association doing to Collect it?
Did your board write off money as bad debt that is still collectible? Don’t leave money on the table.
Read MoreHOA & Condo Collections: How to Collect Unpaid Fees
Non-payment of community association fees is a nationwide problem facing planned development associations today. Here’s how to collect.
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