Archive for April, 2014

Why a specialized Collections Company Makes Sense for Your Community Association

Written by Mitchell Drimmer on . Posted in COLORADO COMMUNITY ASSOCIATION COLLECTIONS, COMMUNITY ASOCIATION COLLECTIONS WHITE PAPER, COMMUNITY ASSOCIATION COLLECTIONS, CONDO COLLECTIONS, CONDOS, FLORIDA COMMUNITY ASSOCIATION COLLECTIONS., HOA COLLECTIONS, HOAS, MARYLAND COMMUNITY ASSOCIATION COLLECTIONS, SNAP COLLECTIONS, VIRGINIA COMMUNITY ASSOCIATION COLLECTIONS, WASHINGTON D.C. COMMUNITY ASSOCIATION COLLECTIONS

Why A Specialized Collection Company Makes Sense For Your Community Association

In good times or bad times community associations (Condos and HOAs) will experience some level of delinquencies that affect the entire association. As a not for profit business your association depends on timely payments every pay period to maintain services to members of the association.  Failure to effectively act on a delinquent account does a disservice to the community and to the delinquent member as well.  By allowing a member of sink deeper and deeper in debt the association only makes it more difficult for them to remedy their problem.

Maintenance Fee Increases…Sometimes A Necessary Evil

Written by Mitchell Drimmer on . Posted in COLORADO COMMUNITY ASSOCIATION COLLECTIONS, COMMUNITY ASSOCIATION COLLECTIONS, CONDO COLLECTIONS, FLORIDA COMMUNITY ASSOCIATION COLLECTIONS., HOA COLLECTIONS, HOAS, SNAP COLLECTIONS

As a member of a condo it is my dream and fantasy to keep our maintenance fees low and avoid the necessity of special assessments.  I never want to see my monthly fees go up, and it terrifies me that I could get slapped with a special assessment of an unknown amount.  I also wish for world peace, a cure for all diseases, and an end to world hunger.  Unfortunately, as noble as these dreams may be I know that they are not possible.  So what to do?