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Axela Technologies

How the Future Collects

Payment Plans for HOA Collections

Follow these 4 Critical Steps Before You Make a Payment Plan for Assessment Collections

By Mitch Drimmer / 6 August, 2020

If you are going to make a payment plan for a homeowner to pay off delinquent assessments, make sure you follow these steps…

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Virtual Board Meetings

Are Virtual Board Meetings Better for Community Associations?

By Mitch Drimmer / 28 May, 2020

The pandemic has forced us to make changes to the status quo. Virtual board meetings may be one thing that will stick even after the lockdown is over.

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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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HAAP offers additiona funding for community associations

As Stimulus Funds Dry Up, Private Sector Firm Provides Funding to Community Associations

By Mitch Drimmer / 7 May, 2020

Axela Technologies’ HAAP program allows community associations to tap into a non-recourse funding option to receive a much-needed cash injection.

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Assments in the Covid Crisis

Video: Assessment Collections In the Coronavirus Crisis

By Mitch Drimmer / 4 May, 2020

With millions out of work due to the COVID-19 pandemic, HOAs and Condos are right to be concerned. This video explores your options.

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covid-19 relief questions for community associations

Should Homeowners Pay Maintenance Fees, and Other COVID-19 Relief Questions

By Mitch Drimmer / 26 March, 2020

Foreclosures deferred, mortgages on pause and amenities closed – Coronavirus has brought a lot of change to community associations. And with change comes questions. We have the answers.

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coronavirus, recession, and condos and HOAs

Condos and HOAs in the time of Virus and Recession

By Mitch Drimmer / 17 March, 2020

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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