MITCH ESTATES
PROPERTY SERVICES
MITCH ESTATES
PROPERTY SERVICES
ASSOCIATION MANAGEMENT
HOA/CONDO/TOWNHOME
We specialize in management of homeowners associations and take pride in being industry leaders.
PROPERTY MANAGEMENT
COMMERCIAL REALTY
We help investors protect and grow their assets by offering full service management to owners of multi-family units and commercial property. We also help first time and seasoned investors buy and sell.
MANAGEMENT SERVICES
Professional management is imperative in protecting value.
When deciding whether professional Community Association Management is right for your community, it is important to consider the spectrum of work that must be executed on a daily basis. Our clients choose Mitch Estates time and time again due to the following fields that we have mastered.
AT MITCH ESTATES WE ARE DEDICATED TO
Every community is assigned an experienced manager providing a guide for any situation your community may encounter. Additionally, our managers are cross-trained so that there is no interrupted service if your manager is unavailable. Our team provides the following forms of administrative support:
Schedule and attend Board meetings
Detailed financial and management reports
24/7 emergency on call support
Strict enforcement of rules, regulations, by-laws, and covenants
Proposed Annual budget prepared for the Board’s review/approval.
Timely responses to all homeowner concerns
Coordination of maintenance and contracts.
ACCURATE FINANCIAL AND ACCOUNTING SERVICES
Managing an Association's Budget is much more complicated and involved than managing your personal accounts. It takes specialized training and experience to handle all of the ins and outs of community finances. Our team has experience maintaining all aspects of HOA finances, including:
Management of separate Operating and Reserve bank accounts
High yield savings account with a 3.00% - 5.00% interest
No fee business checking
Monthly billing for community dues and assessments
Detailed record keeping and coordination of all accounts payable and receivable
Timely preparation and provision of monthly financial statements
Guidance and assistance with reserve analysis and planning for long-term maintenance of funds
One of the most cumbersome and uncomfortable situations a board member will run into is non-payment or late-payment of dues. In many situations, these are repeat offenders who, for one reason or another, refuse to abide by the guidelines of your Association. It is less than ideal for one neighbor to have to seek out an offending neighbor and request payment, but if you rely solely on the management of a board, this situation will undoubtedly arise. Professional Community management tempers this situation by taking the lead in all debt management services, including:
Delinquent notices to homeowners
Facilitate legal action for collection of delinquent funds
Monitor of all delinquent accounts and provide status updates to board
Coordinate with board chosen Attorney on legal issues, including filing liens on property and foreclosures
ACTIVE SITE MANAGEMENT
While rules and guidelines are important, they lose their value if they are not actively enforced. When individuals neglect to follow community covenants/rules everyone suffers, home values may decrease and a negative precedent is set for the rest of the community. It can be hard for Board members to enforce rules on friends and neighbors. We are proud to offer the following site management services to all of our communities:
Community inspections to identify maintenance issues and covenant/rule violations
Coordinate and administer board approved actions to noted issues, including routine maintenance, violation letters to homeowners, issuance of fines, etc.
Monitor all contracts and ensure periodic maintenance (lawn care, pool cleanings, etc…) is completed as agreed-upon.
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