How March Can Mean More Money For Your Community Association
Over 14 years of business, we have noticed a recurring spike in delinquent association dues at the beginning of the year. While many factors cause homeowners to accrue HOA debt, the effect to the community generally means increased HOA fees, maintenance delays, and other frustrations within the neighborhood.    Our team at Equity Experts is excited for March! Why? Tax Season.    While Tax Day... + read more
A community association never wants to sue their members to collect unpaid assessments or HOA dues. But when informal efforts to collect those fees fail, your board members or staff may find themselves heading to court. Learn what to expect during collections lawsuits to make the most of your time in court. While the exact procedure for a collections lawsuit will vary from state to state, you can count on certain things when you have to take a community association collections case to court... + read more
As a community association board member, you hope that your neighbors stay in your community for years. But sometimes, circumstances cause a member to sell a home and leave. If that member is behind on dues or assessments, that can leave your community holding the debt. You need to know where to turn to collect after the sale. Members leave community associations for all kinds of reasons. They may have to relocate for a job. Maybe their families are growing and they need to expand. Or maybe... + read more
Equity Experts
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
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


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