From Your Homeowner Liaison

Important Information About Assessments

By Ricki Stamos SRCA Bookkeeper

We’d like to take this opportunity to thank each of the homeowners here in Scottsdale Ranch who have paid their 2021 Annual Assessment. By paying your annual assessment in a timely manner, you are not only insuring that Scottsdale Ranch Community Association continues to remain in good financial standing, you are also helping to ensure that we are able to perform the many tasks and duties for which the association is responsible.

If your annual assessment has not been paid or you have not arranged a payment plan, a lien will be filed against your property through the Maricopa County Recorder’s Office. Lien filing/release fees will be added to your account, monthly interest continues to accrue at a rate of 12% per annum and further collection action may be necessary.

What does having a lien against your property mean to you? It means that there is a cloud on the title. Typically, the property cannot be sold until the past due amount has been paid in full and the lien has been released. Additionally, having a lien filed against your property could affect your credit.

Should a homeowner’s assessments continue to be delinquent, the account may be turned over to an attorney for collection action without further notice from the association. Failure to pay these assessments could also result in the filing of a personal judgment action and the homeowner will be responsible for all attorney’s fees, document recording, and any other fees incurred to collect this debt.

We realize we are in unprecedented times and if your annual assessment is delinquent and there are extenuating circumstances, we urge you to contact the Scottsdale Ranch Community Association administrative office as soon as possible to discuss your account and how we can work with you to bring it current. If you need to arrange a payment plan, consideration will be given. If you have any questions regarding this matter, you may contact our Bookkeeper Ricki Stamos at (480) 8602022. We are here to work with you.

Randy Mueller Ins Agcy Inc Randy Mueller CPCU CLU ChFC, Agent 10575 N 114th St, Suite 111 Scottsdale, AZ 85259 Bus: 480-391-9390 www.randymueller.com

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