Community Association Ledger Accounting

ARE YOUR COMMUNITY ASSOCIATION LEDGERS ACCURATE?

AN OVERWHELMING NUMBER OF COMMUNITIES RELY ON OUTDATED ACCOUNTING PROGRAMS AND BILLING PRACTICES THAT RESULT IN FAULTY LEDGERS.

Are your community association ledgers being kept properly? Are they in good enough order that you would sit in a courtroom and swear under oath that they are accurate? If you have any doubt here are a few pointers that may help keep your ledgers in good order.
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Collections for HOAs and Condos
condo collections, community association collection agency, HOA collection agency, condo collection agency, HOA delinquencies, Condo Delinquencies, HOA Collections,

Community Association Collections…Helping out the Debtor…Really

Community association Collections or for that matter any debt that is delinquent often deteriorates into a bitter cycle of pain.  The property owner may fall into hard times and cannot afford their payments due to unforeseen consequences, and an unfortunate process begins.  First, there is the courtesy notes from the association and then if that fails to result into a payment the matter is sent to either an attorney or community association collection agency for action.

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HOA & Condo Collections
condo collections, community association collection agency, HOA collection agency, condo collection agency, HOA delinquencies, Condo Delinquencies, HOA Collections,

HOA & Condo Delinquencies Is Still A Problem

With the economic recovery it would seem that community associations are out of the woods and happy days are here again. Sorry, but no. According to the Community Association Institute (CAI) the average delinquencies nationwide is north of 5% and that is still not acceptable.

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