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Equity Experts
Oct
10
In a perfect world, a community association would send out its annual assessment and all its members would happily pay their dues. But when reality falls short of ideal, how do you deal with delinquent dues? What do you need to do to collect unpaid assessments? Not every community member is going to pay their dues on time. Sometimes, homeowners will feel the amount is excessive, or it doesn't fit within their budget. But delinquent dues can send a community into financial... + read more
Sep
25
As a community association board member, the last thing you want to do is drive members out of your community. When every other attempt to collect on dues and assessments have failed, you may have to resort to an HOA foreclosure. But the process may be more difficult than you expect. Most community associations' bylaws create an automatic lien on the property of a member who fails to pay his or her HOA assessments and dues. But a lien is only a promise of money if a property is sold.... + read more
Jun
21
In a perfect world, a homeowners association would send out its annual assessment and all its members would happily pay their HOA dues. But when reality falls short of ideal, how do you deal with delinquent HOA dues? What do you need to do to collect unpaid assessments? Not every community member is going to pay their HOA dues on time. Sometimes, homeowners will feel the amount is excessive, or it doesn't fit within their budget. But delinquent HOA dues can send a community into... + read more
Jun
16
<p>Countless Americans face foreclosure when their lending institutions are unable to collect mortgage payments. In an ideal world, no one would ever face foreclosure&mdash;for any reason. But that world does not exist. Banks and other lenders foreclose on homes when owners default on their loans. Although relatively rare, association-initiated foreclosures are occasionally required to recover delinquent assessments.</p> <p>&nbsp;</p> <p>It&rsquo;... + read more
Feb
21
Equity Experts is pleased to announce the release of our new website! It is designed with a fresh new look and user-friendly navigation, along with the latest information about the industry and our services.   We will continually be expanding our online content to bring you updated and relevant information, so we encourage you to bookmark it, check back often and connect with us on Facebook and Twitter to receive notice when updates and new content are added.   We hope that you... + read more
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