Resources

Managing Change within Your HOA or Condo Association Has Advantages

From the viewpoint of a homeowner within your association, change can be a scary thing. Whether it’s a change in ownership, a change in association rules, or a change in association management, change can create chaos and disruption. One option is to split the...

Community Financials’ Increased Insurance Coverage Equals Increased Peace of Mind for your HOA or Condo Community

Community Financials proudly announces increased insurance coverage. This investment has been made to safeguard funds for increased peace of mind for all Community Financials clients. The new crime insurance is a fidelity bond for concerned clients of Community...

Enhanced Collections for Homeowners Associations HOAs and Condo Communities

Community Financials is happy to announce a powerful new partnership for clients. We have enhanced our collections program ("Easy Collect") with our new collection partner Axela Technologies, a national company based in Florida. After Community Financials' sends out...

Updated Example Collection Policy for HOAs and Condo Communities

Over the last few months we've been busy enhancing our collection procedures. As part of this review and the resulting improved process we have made changes to our prior collection policy sample. The new collection policy changes language that is more generic if you...

Community Financials is Opening A Florida Office in the Fall of 2020

Although we are a remote based service, we are opening an office in Florida this fall. Starting in October we will have an office in Sarasota Florida. This is in addition to our Boulder, Colorado and Alexandria, Virginia office locations. Stay tuned for additional...

California Homeowner Association HOA and Condo Regulations Summary Guide for 2020

Some states have comprehensive regulations for the HOA and Condominium Association industry. California having the second largest number of community associations in the country, with over 46,000 associations, is one of them. We have a growing number of homeowner...

Breaking Up: The Termination Notice to your HOA or Condo Management Company

As the song says breaking up can be hard to do. In relationships we've devolved from the face to face break up, the phone call break up, the break up letter to the email break up and finally the lowest form of break up the text break up. But that isn't the case with...

Sequence of Events for Changing HOA or Condo Management or Accounting Companies

I recently received a question from a prospect that I wanted to answer on this post that relates to the process and timeline for changing accounting services. Whether you are switching from full-management to self-management with support or from another accounting...

Is Electronic Voting for Your HOA or Condo Allowed in Your State?

More and more Homeowner Associations and Condo Communities are looking for easier online ways to handle elections. Not only is this more convent for busy homeowners it is also needed these days with social distancing compliance. Of course the best part is its easier...

American Express Is Now Added as an Online Payment Option

We provide the ability for homeowners to pay their association dues online. Our philosophy is to give owners as many ways to pay as possible. We had offered Visa, Mastercard and Discover card as options and now American Express is now added as an online payment...

Community Financials Adds a Mid-Atlantic Office

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 22315....

Q&A and Video on Collections for HOAs and Condos During the COVID-19 Pandemic

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...