“It’s unfair, and its wrong!” a homeowner shouted out of turn when the issue of delinquencies came up. “How dare […]
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Currently browsing: condo & HOA delinquencies
How to prevent “The Special Assessment Blues” in your Condo or HOA
When your board of directors sends out a letter advising members that they have made a special assessment, it hurts. […]
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Are there delinquencies your board of directors does not want to address?
If you have an “elephant” in the board room of your condo or HOA, it’s most likely that the elephant […]
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Condo & HOA Collections In Condo & HOA Budget Time
Once a year in every community association one of the most significant event occurs: the formulation of the association’s annual […]
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HOAs & Condos…Beautiful Dreams or Horrific Nightmares
The property is beautiful, and the apartment or house is just what you have been dreaming about. This place is […]
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The Needy, The Greedy, & the Seedy. HOA & Condo Collections
Not all HOA & Condo delinquencies are created equal and each one has it’s unique circumstances. However, in most cases the delinquent owners can all fall in to one of three categories: The Needy, The Greedy, and The Seedy. The only question remains is: How do we handle these HOA & Condo Collections?
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Axela Technologies’ proprietary automated software platform helps community associations and management companies solve the delinquency issue
Axela Technologies’ proprietary automated software platform helps community associations and management companies solve the delinquency issue. Condo & HOA Collections […]
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Condo and HOA Collections…Choosing the Right Solution
Things have vastly improved since the real estate crisis of the last decade. Prices have gone up nationwide, banks are […]
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Collections and Instant Funding for HOA’s Delinquencies
When your Condo & HOA collections fall short, and you can’t cover all your bills it can be a big […]
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HOA and Condo Delinquencies is still a Problem
With the economic recovery it would seem that community associations are out of the woods and happy days are here again. Sorry, but no. According to the Community Association Institute (CAI) the average delinquencies nationwide is north of 5% and that is still not acceptable.
Read moreAbout Mitch
Mitch Drimmer is a respected thought leader in his field and has led numerous continuing education classes in collections, His articles have been published in key trade journals and newspapers, and he is a speaker at several educational seminars. Drimmer is also a former board member of the Florida Community Association Professionals (FCAP) and earned his company the distinguished FCAP Reader’s Choice Award for collections four years in a row. Throughout his career, Drimmer has worked with community associations to help them see their way through tough times, especially during the real estate crash. He is a passionate advocate for community associations and has participated in the legislative process over the years trying to bring fair and equitable legislation that serves community associations.
Drimmer earned a BA in History from Hunter College and served as CEO of Drimmer Industries, Inc. in New York City for 35 years.
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