We’re happy to announce Community Financials adds a Mid-Atlantic office to service a growing number of associations customers in the eastern part of the country. The office in Northern Virginia is located at 5680 King Centre Drive, Suite 600 Alexandria, VA...
Last week we hosted a webinar to discuss how to handle the collection of dues and assessments and the increasing risk of delinquency during these unprecedented times. Joining me was a Community Association Attorney as well as a National Collection Agency that...
Do you have questions from owners and other board members about assessment collections during the COVID-19 Crisis? Join our 4/29 Webinar on Assessment Collection at your HOA or Condo during the Coronavirus Crisis. Webinar – Assessment Collections during the COVID-19...
As the stay-at-home orders and business shut downs rock the nation’s economy and workers the impacts will increasingly be felt by community associations. This post is about how to handle assessment collection at your Homeowner Association (HOA) or Condo Community...
We wanted to share this information from Community Associations Institute (CAI) on suspending foreclosure actions against delinquent owners. Community Association Institute suggests a moratorium on foreclosure activity for HOAs and Condos for COVID-19 until June 1...
Embezzlement. Payroll. Accounts Payable. Delinquencies. Operating vs Reserves. These are just a few of the financial challenges boards and managers face twelve times a year. It is so simple to say “assessments should offset expenses” in running a community...
