Why are you sending me a Bill? My Mortgage Company is supposed to pay this from my Escrow Account.
You may wish to contact your mortgage company for clarification. Despite what most people think, Mortgage company escrow accounts only pay for Property Taxes, Private Mortgage Insurance (PMI) and Insurance. HOA Dues are not paid by the mortgage companies and remain the responsibility of the homeowner.
At the time of the mortgage application, your lender may have requested information about the HOA assessment. Most likely, it was not for the purpose of escrowing the HOA assessment amount, but rather to include this obligation in their calculations in order to evaluate the affordability of the loan application.
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What do my HOA dues pay for? (I don't see anything getting done around here!)
Usually a large portion of the Assessments (dues) goes towards maintenance of the common areas (mowing, seeding, watering, aerating, trimming hedges). You also pay for watering, some electrical, community newsletter, management company, etc. For a ...
How do I pay my assessments online?
There are two (2) ways to make payments online. 1. After logging into your associations website, go to the Account Information Menu and select "My Account Info". You will see a Pay Now button next to the amount due. Simply click on that and you ...
Do I have to pay Association dues?
If your association is voluntary (most aren't), then any payments necessary to maintain membership are also voluntary. However, if membership in the association is mandatory (become a member by purchasing your home), you must pay all lawful ...
I use Bill Pay through my bank, and the payment has cleared my checking account but hasn't posted to my HOA Account, Why?
Many banks bill pay service still works like this - When you initiate the payment through your banks website, the bank will deduct the money from your account on the date you chose to pay it on. This money is then transferred by the bank to another ...
Can I pay my Association fees online?
Yes. You may pay your association fees through your associations website by eCheck or Credit Card. To pay online, you must first register for the website. Once registered, you will receive a link to set your password by email. After you create your ...