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Monocacy Management Services, Inc
specializes in homeowner association management. Our
experience is hands on, having restructured and
successfully managed one of the largest homeowner
associations in the State of Maryland.
We
GUARANTEE to cut your association costs within the first
year.We can meet the needs of your
homeowner's association with the following services:
Customer Service
We pride ourselves on addressing the concerns that many
property owners experience in a typical homeowner
association. Customer service is a priority.
Bookkeeping
Accuracy and timeliness in bookkeeping and accounting is
vital to the financial health of any business. We pride
ourselves on our commitment to detail in maintaining
your:
Accounts Payable, Accounts Receivable, Financial
Statements, and General Ledger. We will also oversee and
coordinate your annual audit.
Billings
We can automate your annual, quarterly or monthly
billings. Scheduled payments can be set up on Electronic
Funds Transfer (EFT) to expedite collections at no
additional costs. This means that payments can be
automatically deducted from property owners checking or
savings accounts, saving everyone time and money. Dues
will be sent out in a timely manner to encourage prompt
payment.
Database Management/Membership
We can customize our membership database to meet your
needs. We can track and/or print membership information
such as membership cards, pool cards, vehicle parking
stickers, etc.
Customized registration forms can be generated and merged
with customer account information for one convenient
membership application/invoice.
Contract Fulfillment
We can negotiate and monitor contracts for outside
vendors such as:
Landscaping Contractors
Pool Management Companies
Snow Removal Contractors
Security Services
Collections
We will work quickly to collect on delinquent accounts.
We can work with your attorney or with a local collection
attorney whom we have worked with for many years.
Settlements
It is very important that homeowner's dues be collected
correctly at settlement. Many times this is the best
opportunity to collect on delinquent dues. We have worked
with many of the local settlement companies in the area,
and can utilize computer spreadsheets to ensure that dues
are correctly prorated at settlement. We can provide
"Resale" packages containing the information
required to be disclosed at settlement. We can also
provide "Welcome Kits" to new homeowners,
making them aware of community rules, regulations and
other information.
Insurance
We can arrange for and negotiate the insurance coverage
for your association.
We can also analyze your current insurance coverage to
try to reduce costs and ensure proper coverage.
Web Page
We can set up and maintain a web page for your
association, Limited pages can be stored on our server to
lower your costs.
Your web page can contain:Calendars, Agendas, Minutes
from Board Meetings, Contact Information, Covenants,
By-Laws, and more.
Bulk Mailings
Large mailings (over 200 pieces) can be mailed out using
our bulk mail permit. We use the latest US Postal Service
approved software, so that we can obtain the best
possible rates for your mail pieces.
We can also design and arrange for printing of your
newsletter.
Personnel
We can assist in the hiring and placement of permanent or
temporary employees and payroll services can also be
provided.
Elections
We can coordinate your annual elections and other voting
processes. We can tally the results ourselves or work
through a third party if necessary.
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