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Services

Herman Management can assist you with tasks that relate to the management and responsibilites of your Homeowners Association. Below is a list of the most common services we perform for our clients:

COMMUNICATION & ADMINISTRATION

 

Establish Association organization and operating procedure  

 

Private web site services  

 

General correspondence

 

Special mailings

 

Attorney and county/city liaison

 

Record and file management

 

Policy rules & regulation enforcement

 

Bid specifications, preparation coordination

 

Vendor services coordination

 

Insurance coordination

 

Customer request response

 

Meeting coordination and attendance

 

Create real time owner information listing

FINANCIAL MANAGEMENT

 

Bill all assessments and track accounts receivable

 

Monthly statement preparation and mailing

 

Receive all funds using effective cash management strategies

 

No cost lockbox service

 

Send legal delinquency notices and suspension of rights letters

 

Perform collection services as directed

 

Lien filing / Foreclosure coordination

 

Reconcile all accounts, including checking, money market, etc.

 

Provide board level review of non routine billing

 

Prepare and release checks

 

Monthly comprehensive financial reporting package

 

Budget preparation preliminary and finalization

 

Coordination of tax return completion

 

Year-end financial report

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