One of the biggest expenses and hassles for a homeowner association is collecting the regular homeowner fee. Every month, checks, money orders and cash are processed, tallied, bank deposits made and books posted. Then, letters are sent to those that haven’t paid for one reason or another. Followup phone calls are made, sometimes two or three to the same person before connecting. All of this takes time and money. Meanwhile, the HOA’s finances suffer since there is no government bail out to fill the coffers. Isn’t there a better way? Absolutely. Read the article………….
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