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FL Condo Wiz

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Tips for collecting delinquent HOA fees

Non-payment of HOA fees can be quite the nightmare. Failure to recover HOA fees is not only detrimental to the HOAs budget but it can scare creditors away. Some creditors won’t make mortgages if too many homeowners are behind on their HOA payment. It is in every homeowners’ interest that fees be paid on time, otherwise the HOA may be forced to impose special assessments, increase fees or fine homeowners who fail to pay. Enforcing payment can be tedious, below are a few tips t