Hi there, I am a bit confused what to do again... My HOA decided to get out from under my property and now a new HOA company has come into the picture starting 1/1/2010.
I had sent a hardship letter to my old HOA in December (I didn't know this was happening) and asked them if I could make smaller payments on my balance because of the bankruptcy etc... I also sent them a 50 dollar check and have not heard a peep from them.
So, last week I get a letter from the new HOA place. Good news is the condo fees dropped almost a hundred bucks a month.
However... I have some questions.
1. I owed the old company over 450 dollars. I sent them a check for 50 dollars in December, but they have not cashed it. Do I still owe the money to the old company? Or did the new company assume the debt and I now owe them the 450 dollars?
2. Is it worth writing the new company a similar letter that I sent to the old place? Do HOA places typically accept smaller payments on the dues?
Thanks!
I had sent a hardship letter to my old HOA in December (I didn't know this was happening) and asked them if I could make smaller payments on my balance because of the bankruptcy etc... I also sent them a 50 dollar check and have not heard a peep from them.
So, last week I get a letter from the new HOA place. Good news is the condo fees dropped almost a hundred bucks a month.
However... I have some questions.
1. I owed the old company over 450 dollars. I sent them a check for 50 dollars in December, but they have not cashed it. Do I still owe the money to the old company? Or did the new company assume the debt and I now owe them the 450 dollars?
2. Is it worth writing the new company a similar letter that I sent to the old place? Do HOA places typically accept smaller payments on the dues?
Thanks!