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Tag Archives: Condo & HOA Delinquencies

Discussions of delinquent accounts (whether maintenance fees, fines, or assessments) in condominium and homeowners associations.

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How the Future Collects

Bad Debt In Community Associations

Why Does Bad Debt Happen In Community Associations?

By Mitch Drimmer / 13 May, 2020

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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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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Association Underwater

How Do You Know if Your HOA or Condo is Under Water?

By Mitch Drimmer / 28 November, 2019

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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AssessmentExcuses

There's No Excuse for Not Paying Assessments

By Mitch Drimmer / 17 October, 2019

Homeowners have a lot of excuses for why they didn’t pay assessments. Here’s how to respond…

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Delinquencies turn neighbors against

Delinquencies do not make for good neighbors in Condos and HOAs

By Mitch Drimmer / 14 March, 2019

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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board ignoring delinquencies

Are there delinquencies your board of directors does not want to address?

By Mitch Drimmer / 2 October, 2018

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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people who dont pay assessments

The Needy, The Greedy, & the Seedy. HOA & Condo Collections

By Mitch Drimmer / 9 July, 2018

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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delinquencies still a problem

HOA and Condo Delinquencies is still a Problem

By Mitch Drimmer / 20 March, 2018

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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what you dont know in condo hoa delinquencies

HOA & Condo Delinquencies What You Don’t Know, Can Hurt You

By Mitch Drimmer / 29 January, 2018

What do you know about your delinquent units and what position they are putting your association in?

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how collections calls help

HOA Collections Calls…How To Help The Debtor

By Mitch Drimmer / 17 January, 2018

Outbound calls for HOA collections are an important part of resolving delinquencies in your community association.

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