An Easy Guide to Understanding Condo and HOA Governing Documents
Every member of a community association should be familiar with its governing documents. Here’s what you need to look for…
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FHA Approval Can Raise Property Values…Don’t let Condo Delinquencies Stand in the Way
Your guide to FHA Approval for your condominium association is inside…
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HOA Collections… A Better Alternative To Foreclosure
Foreclosure costs the community association more than you are likely to recover. Try this an alternative where everyone wins…
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Why Your Community Association Needs a Uniform Collection Policy
Struggling with the procedures to collect on delinquent assessments? Here’s a blueprint policy for your board to adopt…
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Five Mistakes to Avoid When Collecting Past Due Maintenance Fees
Collecting Past Due Maintenance Fees is both an art and a science. Learn what NOT to do when a unit becomes delinquent.
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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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HOA Boards of Directors…Do You Know What You Don’t Know?
The Dunning-Kruger effect describes a cognitive bias in which people of limited or no experience mistakenly assess their skill level as greater than it is…
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Old Dogs, Old Tricks: Once Again Banks are Abusing Homeowner Associations
Banks delaying foreclosure on delinquent mortgages hurts community associations more than it hurts the banks.
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How to prevent “The Special Assessment Blues” in your Condo or HOA
Nobody likes to sing those Special Assessment Blues and a responsible board can avoid it by preparing a correct and proper budget, funding reserves, and addressing delinquency issues.
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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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Condo & HOA Collections In Condo & HOA Budget Time
A community association collections solution can save money over legal fees, plus prevent you from needing to write off a bunch of bad debt at the end of the year.
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HOAs & Condos…Beautiful Dreams or Horrific Nightmares
Buying a unit in a community association can be a wonderful experience, but if you are only looking at the property and not the community’s finances it can quickly turn out to be a nightmare.
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