What are the Consequences if a Homeowner Doesn’t Pay Their HOA Dues?

Written by Mitchell Drimmer on . Posted in COLORADO COMMUNITY ASSOCIATION COLLECTIONS, COMMUNITY ASSOCIATION COLLECTIONS, condo collection agency, CONDO COLLECTIONS, CONDOS, FLORIDA COMMUNITY ASSOCIATION COLLECTIONS., hoa collection agency, HOA COLLECTIONS, HOAS, MARYLAND COMMUNITY ASSOCIATION COLLECTIONS, SNAP COLLECTIONS, VIRGINIA COMMUNITY ASSOCIATION COLLECTIONS, WASHINGTON D.C. COMMUNITY ASSOCIATION COLLECTIONS

Many homeowners have an HOA fee that they are responsible to pay for in order to live in the community they purchased their home in, whether it be a townhouse, condo or house. This maintenance fee covers many amenities and services required to keep the community in good shape and protect the community in times of crisis (insurance). Homeowners must adhere to these fees and pay them on time, or there may be serious consequences involved.

One concern many homeowners have is whether they will be affected if other homeowners don’t pay their HOA dues. At SnapCollections, we understand your concern as a responsible homeowner. As a collections agency in Florida serving the entire United States, we have emphasized the importance of HOA dues and how it affects community life.

How are HOA Assessments Recovered After a Foreclosure?

Written by Mitchell Drimmer on . Posted in COLORADO COMMUNITY ASSOCIATION COLLECTIONS, COMMUNITY ASSOCIATION COLLECTIONS, FLORIDA COMMUNITY ASSOCIATION COLLECTIONS., hoa collection agency, HOA COLLECTIONS, HOAS, MARYLAND COMMUNITY ASSOCIATION COLLECTIONS, SNAP COLLECTIONS, VIRGINIA COMMUNITY ASSOCIATION COLLECTIONS, WASHINGTON D.C. COMMUNITY ASSOCIATION COLLECTIONS

Many Florida homeowner associations have faced the issue of collecting delinquent assessment fees after foreclosures. Since there are considerable amounts involved in a delayed foreclosure action, homeowner associations should be aware of the amount that they may or may not be able to recover. Consider using a debt recovery service to ensure you receive the maximum amount of the money owed.

SNAP Collections is an easy, efficient and cost effective HOA collections platform for homeowner associations. Our goal is to ensure that homeowners associations recover more money on delinquent accounts than any other collections solution in the industry. Below are the most common ways in which properties are transferred during a foreclosure and what can be recovered.

5 Mistakes to Avoid When Collecting Past Dues

Written by Mitchell Drimmer on . Posted in COMMUNITY ASSOCIATION COLLECTIONS, condo collection agency, CONDO COLLECTIONS, FLORIDA COMMUNITY ASSOCIATION COLLECTIONS., HOA COLLECTIONS, HOAS, Uncategorized

Your first encounter with a delinquent homeowner may catch you off guard. As a community association manager, you may be unsure how to best handle this situation. We specialize in homeowner association fee collections.

Snap Collections is a collections platform for community associations that will work with you in order to recover your money quickly and efficiently. We understand that this situation is new for you and needs to be handled delicately. Therefore, we have provided five mistakes to avoid when attempting to collect past dues.

The Pros, Cons and Outcomes of Hiring a Collections Agency Versus a Lawyer

Written by Mitchell Drimmer on . Posted in COLORADO COMMUNITY ASSOCIATION COLLECTIONS, COMMUNITY ASSOCIATION COLLECTIONS, condo collection agency, CONDO COLLECTIONS, CONDOS, FLORIDA COMMUNITY ASSOCIATION COLLECTIONS., hoa collection agency, HOA COLLECTIONS, HOAS, MARYLAND COMMUNITY ASSOCIATION COLLECTIONS, SNAP COLLECTIONS, VIRGINIA COMMUNITY ASSOCIATION COLLECTIONS, WASHINGTON D.C. COMMUNITY ASSOCIATION COLLECTIONS

Every business has their share of those who are unwilling to pay what they owe, and this happens often in Homeowners and Condominium Associations. If you come across unresponsive members, you should be ready to act. One option is to hire a collections agency to do the work for you.

As a collections platform for community associations, SNAP Collections will assist your community in recovering money quickly and efficiently, so the other members don’t have to pay for the shortfall. We have provided the pros, cons and outcomes if you were to choose a collections agency over an attorney to handle this matter .