Would it be wise for board members to offer HOA payment plans to delinquent owners? As with many things, payment plans come with advantages and disadvantages. In some cases, though, an HOA may be legally required to offer them before proceeding with other collection efforts….
Homeowners association dues collection poses many challenges, the most difficult of which is getting homeowners to settle their late fees. In these instances, it is usually more reasonable to outsource the task to anĀ HOA collection agency. What Is an HOA Collection Agency? Simply put,…
Who pays HOA fees at closing? Does the buyer take on the responsibility or does it remain with the seller? Find out below. Who Pays HOA Fees at Closing? If you’re thinking about buying a home and moving into a homeowners association, you need…