Ignoring the Impact of Inflation Can Be Disastrous to Your Community Association Budget
Increases in the Consumer Price Index tell us that inflation is on the rise. Are you accounting for it in your community association budget this year? If you fail to plan, the consequences could be disastrous.
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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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Don’t Write Off Lost Assessments: What To Do When Lenders Foreclose
What do you do when lenders foreclose and your condo or HOA is positioned to lose money? Should you write off lost assessments, or is there another option?
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Safeguarding Your Community’s Cash Flow
A perfect cash flow doesn’t have to be a fairy tale. Simply follow the yellow brick road and let the wizards at Axela help!
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How Has the Pandemic Impacted Your Condominium or HOA Finances?
Communities across America are suffering as a result of the COVID Pandemic. Help us see how HOAs and Condo Associations are dealing with the pandemic impact.
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Why Does Bad Debt Happen In Community Associations?
When one homeowner doesn’t pay, the entire community suffers. Bad debt isn’t just the delinquent homeowner’s fault, it’s the board’s too…
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Rent Is Not the Same as HOA Assessments
Everybody pays for shelter, whether you own or buy. But is a Condo or HOA Assessment the same as rent? And what happens if you don’t pay your maintenance fees?
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Condos and HOAs in the time of Virus and Recession
We’ve been schooled on the benefits of washing our hands, social distancing, etc. What the pundits don’t say is the financial hit communities will endure from a coronavirus recession and how to address it.
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Should I buy a condo with a 15% delinquency rate?
When buying a new condo, many potential homeowners fail to factor in the financial stability of the association. Delinquency rates can and will affect your family economy.
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How Do You Know if Your HOA or Condo is Under Water?
Your Community Association could be in financial trouble and you wouldn’t know it until you get slapped with a special assessment. Here’s how to tell…
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Most Boards Forget to Include This in Their Annual Budget [Free Calculator]
Don’t forget to incorporate this important factor into your annual budget…
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Condo and HOA Budget Season
Budget season doesn’t have to be scary. Here’s some solid advice to help you prepare your annual budget…
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FHA Approval Can Raise Property Values…Don’t let Condo Delinquencies Stand in the Way
Your guide to FHA Approval for your condominium association is inside…
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How to prevent “The Special Assessment Blues” in your Condo or HOA
Nobody likes to sing those Special Assessment Blues and a responsible board can avoid it by preparing a correct and proper budget, funding reserves, and addressing delinquency issues.
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Condo & HOA Collections In Condo & HOA Budget Time
A community association collections solution can save money over legal fees, plus prevent you from needing to write off a bunch of bad debt at the end of the year.
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HOAs & Condos…Beautiful Dreams or Horrific Nightmares
Buying a unit in a community association can be a wonderful experience, but if you are only looking at the property and not the community’s finances it can quickly turn out to be a nightmare.
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Solid Advice On Reserves for your Condo or HOA.
Our answers to commonly asked questions that we get from boards of directors regarding reserves
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Are your Community Association Ledgers Accurate?
The ability to enforce payments starts with an accurate community association ledger. Lets talk about how you can test your ledgers.
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Collections and Instant Funding for Condo and HOA Delinquencies
Now, there is a solution for Condo & HOA Delinquencies that will not only recover your past due assessments but provide funding for your collection shortfall.
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Community Association Collections: How Units Settle Out
There are six ways a delinquent HOA or Condo unit will settle out. All of these ways are discussed in this article about Community Association Collections Collections.
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