How to Create Payment Options for Homeowners to Avoid Costly Collections

How to Create Payment Options for Homeowners to Avoid Costly Collections

Learn That There Are Several Options an HOA Can Consider to Avoid Costly Collections and Reduce the Long-Term Impacts of Delinquent and Unpaid Assessments

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How to Create Payment Options for Homeowners to Avoid Costly Collections

In this PDF, TOPS Director of Customer Success, Andrea Meyer-Hardy explains how COVID-19 has influenced every aspect of HOA’s day-to-day operations. Although it is important to continue to collect assessments, HOAs should still take the situation of residents into account. There are several options an HOA can consider to avoid costly collections and reduce the long-term impacts of delinquent and unpaid assessments by:

  • Setting up a payment plan for HOA community residents
  • Reassessing late fees and interest
  • And more

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