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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A 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.
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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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There's No Excuse for Not Paying Assessments
Homeowners have a lot of excuses for why they didn’t pay assessments. Here’s how to respond…
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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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Are there delinquencies your board of directors does not want to address?
Is your board of directors ignoring the elephant that is uncollected past due assessments? Take care of it now before it becomes a circus!
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The 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?
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HOA and Condo Delinquencies is still a Problem
Would you buy into a community association where a special assessment was inevitable? Learn from the last crisis and be proactive about delinquencies.
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HOA & Condo Delinquencies What You Don’t Know, Can Hurt You
What do you know about your delinquent units and what position they are putting your association in?
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HOA Collections Calls…How To Help The Debtor
Outbound calls for HOA collections are an important part of resolving delinquencies in your community association.
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