You Know Longer Have to Pay For Your Neighbors' Problems - If your neighbor isn't paying condo fees, then you're paying them. And that's a problem. We are LM Funding, and we'll not only take this situation off your hands, but we'll give you money to help keep your association up and running during the collection process.

Sign Up for a Free Consultation Now

News

The Destin Log
Funding helps local condominium association get back on track
April 20, 2012

Florida Community Association Journal
Strategies For Associations’ Financial Recovery
January 17, 2012

Sun Sentinel
LM Funding opposes bill that penalizes condo associations
January 17, 2012

Florida Real Estate Journal
LM Funding: Sean Galaris
October 18, 2011

Condo Management Magazine
Recover More With A Professional Team
September 2011

Bloomberg Businessweek
Robo-signed mortgage docs date back to late 1900s
September 1, 2011

Sarasota Herald Tribune
How to stop a condo complex's slide into a slum
August 29, 2011

Bloomberg
Homeowner Associations in Need of Cash Sue to Force Foreclosures
August 24, 2011

HOA Leader
Turnaround Case Study: Venetia Country Club
July 2011

Orlando Sentinel
Collection fees bury homeowners late on association dues
June 10, 2011

West Florida Wire
Vengeance Foreclosures
June 2011

Florida Community Association Journal
"Vengeance Foreclosures" Unwise on Part of Condominium Boards
May 2011

Condo Management Magazine
Foreclosure by Associations Doesn't Make Financial Sense
April 2011

Condo Management Magazine
Vengeance Foreclosures Unwise on Part of Boards
March 2011

Tampa Bay Business Journal
Condo Associations Advised to Avoid 'Vengeance Foreclosures'
February 18, 2011

The Florida Real Estate Journal
'Vengeance foreclosures' unwise for condo boards
January 2011

More News

How It Works

It works like this: we’re going to make sure you’re not left holding the bag for something that shouldn’t be your responsibility. “We buy problems” means we purchase the right to collect delinquent dues on your behalf, making sure the Association never has to pay another legal bill again. Then we fund an amount equal to your worst-case collection amount immediately so you can operate your business. You can breath a sigh of relief right now if you want.

More

Proof It Works

“We are very impressed by your firms’ expedience and follow up in providing the necessary funding which has taken a lot of financial pressure off of our Condo Associations.”
Dana Bessette, San Marino at Miromar Lakes Condominium Association, Inc.

“You have done a great job recovering full assessments on accounts in bank foreclosure… you have also been successful in obtaining accelerated assessments.”
Brenda Law, Greenacre Properties, Inc.

“Our association no longer has any legal costs in relation to collection of our assessments, and we don’t have to spend money on legal fees related to condos in foreclosure… LM Funding handles all the work for us and they pay for it even the comprehensive monthly reports.”
Ken Stoltenberg, Developer, Grand Central at Kennedy Condominium Association, Inc.

“LM Funding expects us to do everything possible to collect their money and all balances owed to the association…. and they have the money to make it happen.”
Bruce Rodgers, Owner, Business Law Group, P.A.

“LM Funding has become a partner to our association. The dedicated staff at LM Funding have helped us every step of the way in understanding the services and benefits of having LM in your corner.”
Jason Messer, Board Member, Westshore Yacht Club Townhomes II

“We could not have made a better decision. They shored up our cash flow issues by infusing an advance of the statutory amount due to us in foreclosure, thereby saving our Owners from a Special Assessment… They have been fair with the individuals who are delinquent or in foreclosure while representing the interests of the Associations.”
Carol L Schwab, Tropical Isles, Inc.

“Their aggressive collection tactics have brought this Association to a positive cash flow position and avoided a very large and damaging Special Assessment to the unit owners. I also enjoy being able to call an attorney and not worry about being charged.”
Diane Lee, Owner, DLG Management Services, Inc.

“LM Funding has been handling our collection on three of our properties for two years. Without LM Funding our properties would be in financial distress.”
James Wood, Property Manager, Presidio Realty, Inc.

“In these difficult economic times, LM Funding has helped us make a life changing impact for the Associations we serve. They have far exceeded the expectations of our clients and managers. LM Funding has made a difference and I highly recommend their services.”
Ryan Serra, Licensed Community Association Manager, The Continental Group

“A quick turnaround in initial funding on broken condo deals has saved our associations from filing bankruptcy.”
Diane Lee, Owner, DLG Management

“Nobody has better reporting to Boards of Directors of delinquent case status than LM Funding.”
Craig Caldwell, President, Condominium Associates, Inc.

“Because of LM Funding Bermuda Dunes was able to fund our first year of reserves which were 453K without having to increase our monthly dues!”
Bonnie Jordan, Property Manager, Bermuda Dunes Private Residences Condominium

“Two years ago, over 40% of the units in our condominium went into foreclosure and our condo fees stopped coming in. Our Association did not have cash to pay our bills, or keep the property up. We did not even have enough money to pay our annual insurance premium. Thank goodness for LM Funding, they gave our Association cash to pay bills and keep our insurance current.”
Don Jennewein, Board Member, San Isles Condominium Association

“With limited options, we turned to LM Funding to provide financial assistance in funding our HOA and legal assistance taking over the debt collection process. Since working with LM Funding our association has been able to keep our legal expenses to a minimum and have seen our delinquencies shrink to only a few remaining properties.”
Jason Messer, Board Member, Westshore Yacht Club Townhomes II

More