HOA Account Management

Precedent’s HOA Account Management program is designed to take away the headache associated with purchasing, managing and selling real estate subjected to Home Owner Associations (HOA) and Condo Owner Associations (COA). Precedent's HOA program focuses on managing HOA accounts for lenders, owners, operators by providing a range of scalable services focused on identification of HOAs, confirming accurate contact information and account status details, overseeing HOA compliance of state and local statues, negotiating frivolous fees, reducing expenses and maintaining accounts in clean and current condition so our clients can focus on more pertinent aspects of their business. Our detailed and professional team is experienced in researching HOAs, gleaning target regions and building relationships with large management firms to turn our experiences into real results and savings for our clients.

Precedent’s HOA Account Management program includes:

  • HOA Identification
  • Payment Review, Negotiation & Processing
  • Compliance & Regulatory Enforcement
  • Violation Management
  • Vacant Property Registration
  • Budgetary Review & Account Management
  • Assist with Property Access

Tax Account Management

Precedent offers a streamlined, transparent and affordable solution to managing property taxes for lenders, default servicers and real estate aggregators nationwide. Specifically, Precedent's Real Estate Tax program offers accelerated identification of municipal, county and state property tax obligations, account status details, issuing of payments, appealing tax statements, regulatory review and auditing services. Precedent's Real Estate Tax program is facilitated by our state-of-the-art software which is a work-flow channel-based program designed to monitor Real Estate Tax registration, statements, upcoming payments, appeal processes and lien curative services to help our clients maintain control of their portfolio's real estate tax obligations.

Precedent’s Real Estate Tax Account Management program includes services such as:

  • Obtaining Assessment Information
  • Validating Assessment Information
  • Verifying Assessed Values
  • Negotiating Excessive or Invalid Charges
  • Filing Appropriate Tax Appeals
  • Compliance & Regulatory Enforcement

Code Violation Management

Precedent’s Code Violation Management services are designed to efficiently identify and cure Code Violations on a nationwide basis. Precedent's Code Violation program focuses on managing issues in a portfolio at the asset level for lenders, servicers, owners, and operators by providing a range of scalable services focused on the identification and resolution of Code Violations. Our detailed and professional team is experienced in identifying local Municipal Code Compliance departments and building relationships with local municipal Code Compliance inspectors to quickly and efficiently resolve all issues, delivering timely risk management and reducing liabilities for our clients. Prescient’s Rview software package tracks all information by asset and reporting is available on an asset level as well as rolled up to portfolio view of all pertinent metrics. Outsourcing your Code Compliance Management services to Precedent, and taking advantage of our customized services, allows you to save more time so you can focus on your priorities and competencies, while benefiting from our processing expertise and scale.

Precedent’s Code Violation Management program includes:

  • Identification and contact with Municipality’s Code Violation Department
  • Review of Violation, Negotiation & Processing
  • Initiation and Oversight of Curative Action
  • Payment of Negotiated Payoff
  • Asset monitored for future issue
  • Budgetary Review & Account Management