The Axela Blog

Banks and Attorneys
Beware Predatory HOA Collection Solutions

Beware of Predatory HOA Collection ‘Solutions’

By Mitch Drimmer / 7 July, 2021

Buyer Beware! Not all collection solutions are created equal. HOAs and Condo associations should be educated to protect themselves against antiquated and predatory HOA collection practices that cause more harm than good.

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HOA Lien Foreclosure is so 2008

Condo and HOA Lien / Foreclosures are so 2008

By Mitch Drimmer / 10 June, 2021

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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Pre-Foreclosure Anaysis

Pre-Foreclosure Analysis: What Boards of Directors Need to Know Before They Make the Decision to Foreclose

By Mitch Drimmer / 3 June, 2021

To foreclose, or not to foreclose? That is the question… With a complete and comprehensive Pre-Foreclosure Analysis from Axela Technologies, your board of directors can now make an informed decision and save money.

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HOA Foreclosures National Shame

Condo and HOA Lien Foreclosures…A National Shame

By Mitch Drimmer / 4 February, 2021

For too long, community associations have been a national disgrace, rather than a source of national pride. If we want the bad press over lien foreclosures to stop, we need to make a change.

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dont write off lost assessments

Don’t Write Off Lost Assessments: What To Do When Lenders Foreclose

By Mitch Drimmer / 14 October, 2020

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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New laws make foreclosure obsolete

Association Foreclosures Are Obsolete

By Mitch Drimmer / 8 January, 2020

The times, they are a changing and with these new laws, association foreclosures may become a thing of the past.

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