The Axela Blog

Foreclosure, Banks and Attorneys
The Truth About Foreclosure

The Truth About HOA Bank Foreclosure

By Mitch Drimmer / 11 November, 2022

If you believe you will get everything your community association is owed after foreclosure, you have been misled. Get the real truth about HOA Bank Foreclosure here.

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Axela - After HOA Foreclosure

What Happens After an HOA Foreclosure?

By Bob Gourley / 25 May, 2022

Once a collections attorney completes an HOA foreclosure, what happens? How does the HOA or Condo Association recover delinquent funds?

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Is your attorney leveraging riders

Use Riders to Collect Delinquent HOA Fees

By Mitch Drimmer / 17 December, 2019

There are many ways to recover delinquent maintenance fees. Have you considered contacting the lender of a delinquent unit owner?

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Alternative to Foreclosure

HOA Collections… A Better Alternative To Foreclosure

By Mitch Drimmer / 27 June, 2019

Foreclosure costs the community association more than you are likely to recover. Try this an alternative where everyone wins…

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banks-abusing-associations

Old Dogs, Old Tricks: Once Again Banks are Abusing Homeowner Associations

By Mitch Drimmer / 27 November, 2018

Banks delaying foreclosure on delinquent mortgages hurts community associations more than it hurts the banks.

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How-Units-Settle-Out

Community Association Collections: How Units Settle Out

By Mitch Drimmer / 23 January, 2018

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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are lawyers the wrong call

Condo & HOA Collections: Why Lawyers Are Not The Solution.

By Mitch Drimmer / 15 January, 2018

Lawyers are great for collections if you want to foreclose, but how do you plan to actually recover those lost funds?

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