For Condo & HOA Collections calling debtors is always a difficult and sensitive task. It takes a highly trained specialist certified to be mindful of the Fair Debt Collection Practices Act and sensitive to the sensibilities of the unit owner. People identify very closely with their homes and with condos & HOA Collections emotions can run high. Calls of this nature can be very disturbing. So a trained outbound call specialists must put the owner at ease at the very start of the conversation. As unpleasant as it may seem these calls are necessary in order for a community association to run properly. But these calls do not have to be unpleasant and often can work to lift a burden from the debtors mind. Resolution of Condo & HOA Collections issue can reduce stress on a delinquent owner.
Mr. Collections man our community association has some members who are not paying their maintenance fees and our attorney bills are already more than what is owed. Is there no other way to collect these fees without spending more money for these condo collections.
Sleepless in Saratoga
As part of a community association, it’s common to encounter those one or two owners (or more) who don’t pay their community association fees. Unfortunately, the repercussion of those owners who don’t pay affects those who do. Reliable paying members of an association could face increased fees, special assessments or reduced spending on community maintenance and amenities. Usually in this situation the community association has to enforce the HOA & Condo collections policy to establish consequences for continued non-payment.
The Cost Of Delinquency
Non-payment of community association fees is a top nationwide problem facing condo, single-family and other planned development associations today. It just takes a few homeowners who stop paying their HOA or Condo fees to cut deeply into an association’s budget. In addition, lenders may be unwilling to make mortgages or refinance properties in the community. That is why HOA & Condo Collections are so important.