Special Assessment Reminder
April 4, 2007 | Leave a Comment
This is just a reminder that the first half of the $550 special assessment approved in February by the HOA members was due on April 1st. If you have not sent in at least your partial payment of $275 or more, please do so prior to April 15 to avoid late charges and late payment fines. The second half of the payment is due June 1.
Special Assessment Passes
February 19, 2007 | Leave a Comment
At the HOA Special Meeting this evening, with 17 homeowners present, the vote to invoke a Special Assessment of $550 passed unanimously.
The first half of the Special Assessment, $275 is due April 1, with the remaining $275 due by June 1. There will NOT be any special statements or payment coupons issued. Please send the payment prior to the due date to the same address as you send your monthly HOA dues payment.
If you want to pay your Special Assessment by ACH or Electronic Funds Transfer, please call Cherry Creek HOA Professionals and they will email or fax you an authorization form that must be signed and returned to them to complete the transaction.
You may pay the $550 in full at any time prior to June 1.
Thanks to everyone who attended the meeting and for giving us a quorum. Your efforts saved everyone the inconvenience of a second meeting.
Past Due HOA Assessments
February 14, 2007 | Leave a Comment
Just as we seem to be climbing out of one past due HOA dues situation, we have another arise. We currently have one of the investor owned homes that is now over 90 days past due on their HOA assessments.
The past two times this has happened, it has been a long and arduous process for us to get paid. We will soon be turning this over to our HOA attorney for collection. Should those efforts fail to collect the dues in a timely fashion, we’ll be filing a lien on that property to make sure we have an opportunity to attempt to recover what we are owed.
As you know, with over $2600 due from 11213 and now another property owing over $400 and climbing, this starts to have a large impact on our cash flow and our budget. We will continue to stay on top of these items and keep you updated on the impact it’s having on our fiscal health.