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 financial management from the physical management. You can hire a manager…
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 Financials. In an era where computer hacking, ransomware, crime, and fidelity issues create concern for HOAs, Community…
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 the courtesy late letter(s) Axela takes collections to a new level. The collection activities performed by Axela…
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 are working with a collection agency or collection attorney. Additionally it…
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 information.
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 association and condo community clients in California and wanted to distill these regulations into an easier…
Ending Your HOA Management Contract As the song says, breaking up can be hard to do. In relationships we’ve now devolved from the face-to-face break up to the phone call break up, the break-up letter, the email break up and finally, the lowest form of break up, the text break up. But things are not quite…
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 service I hope this helps answer the question regarding the sequence of events for…
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 for the board to administer and cheaper than paper based solutions. …
Russell Munz, Founder
Certified Manager of Community Associations (CMCA)
Expert Financial Oversight
Experience the difference with our professional financial services designed specifically for HOAs and condo associations. Simplify your finances with our expert support.
Need to change an existing consultation? Email info@communityfinancials.com
