“Pay Up Or Else!” — Motivating the Habitual Late Payer

As every manager knows, collecting everyone’s fees is crucial to an HOA’s success. Every homeowner in your association agreed to pay the fees when they moved in. (Hint: most HOAs have better luck collecting payments online as opposed to checks.) But each and every month, every HOA in existence deals with late payments. There are always people who pay late, or not at all. But not only do those habitual late payers create cash flow problems for the whole association, but the hassle creates extra work for you and your board.    Read the article…………………