GUARANTEED “DEFICIT FUNDING” FOR CONDO & HOA BUDGETS

Deficit Funding identifies and facilitates financial solutions for the many issues that plague Community Associations as a result of delinquent assessments.

Deficit Funding connects associations in need with lenders who are willing to fund budget deficits so that continuity of annual essential operating budget services can be maintained, and financial success achieved. Deficit Funding is a Community Association budget consulting company, that manages delinquent accounts for associations and provides fiscal stability to operate their communities.

Our Mission

To return the function of volunteer boards to their rightful roles of community association administrators rather than debt collectors, real property owners or landlords.

Let your neighbors slide on paying their homeowners association fees, and other owners have to pick up the slack. If it gets too bad, home values and sales will fall.

No one enjoys being the bad guy, but if your HOA or condominium association lets too many members fall behind on their dues, the association will come up short on funds for maintenance and improvements. Worse yet, it may become extremely difficult for home seekers to buy a home in your community. High delinquency rates put a lot of pressure on associations to meet their obligations to the home owners who are paying their fair share.

When some owners, including banks that have foreclosed on homes and now own them don’t pay their share, other home owners often must make up the difference in higher regular or special assessments.

Deficit Funding is a financial services company that provides funding to community associations which allows them to receive 100% of their budgeted costs.

When owners become delinquent and don’t pay their share of assessments, fully funded pays it for them.

The association being fully funded no longer has to track bad debt, worry about having necessary funds to provide services or deal with lawyers, legal fees and associated costs.

Association Boards are able to focus on the association and its business and no longer focus their attention on delinquencies and lack of necessary funds.

Deficit Funding is not a collection agency or law firm; we are a financial services company that manages delinquent accounts for associations and provides fiscal stability to operate their communities.

Deficit Funding represents a forward-looking, cohesive approach to serving Associations’ delinquency issues in a manner that reflects emerging trends. Therefore, “Deficit Funding” is the solution for Condo and Home Owner Associations across the country.

NO COLLECTIONS
NO LEGAL EXPENSES
FULLY BALANCED BUDGET
INCREASE PROPERTY VALUES
INCREASE ABILITY TO BORROW
TURN DEBT INTO CASH
PASS THE BUCK PROGRAM

HOW PASS THE BUCK PROGRAM WORKS

Deficit Funding acquires and manages the delinquent accounts and collection process for the association so you don’t have to.

Deficit Funding assumes the risks and pays all the legal costs associated with the delinquent owner’s accounts and we only make money if we are successful in collecting the unpaid association dues by keeping the late fees, interest and assignment of the association’s lien and collection rights.

The Deficit Funding management team is comprised of investment bankers, real estate professionals and attorneys that have decades of experience in all aspects of association operations.

Deficit Funding Service Highlights

Free Collections of Past Due Accounts - We Collect All Outstanding Balances Free of Charge
We Return any Previous Legal Fees and Cost Collected
We Pay the Monthly Association Fees for Each Delinquent Account given to Fully Funded
We Pay All Legal and Collection Costs
We Provide Monthly Reporting on all Funded Accounts
We Give Free Account Consultations
Zero Cost for Our Services