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Annual Maintenance Fees Print E-mail
For the record

Pursuant to the Association’s governing documents, property owners are hereby notified that the annual assessment for 2022 will increase, by $33, to $702.00 per lot. The Board diligently worked to create a budget that would not only continue to fund ongoing capital repair projects, but also replenish the reserve funds, which is instrumental to the continued fiscal operation and maintenance of the Association. It is prudent for the reserves to equal at least one year’s total assessment income pursuant to recommendations made by professionals in the industry and we are currently far from meeting said goal.

The Board of Directors would like to again offer each property owner the opportunity to divide their annual assessment into four (4) incremental payments of $175.50 to assist those who might have a hardship in paying the fee in one lump sum and has extended the due date to accommodate this effort.

Please note that the entire 2022 assessment must be paid in full and received by the due date, March 1, 2022, to avoid late or legal fees.

Property owners interested in making incremental payments will find four (4) coupons enclosed in their mailed assessment notification, for use in mailing these payments to the processing center. The suggested due dates for incremental payments are as follows: November 30, 2021, December 30, 2021, January 30, 2022 and February 28, 2022. Property owners may certainly opt to pay their entire 2022 assessment in a single payment by the due date (March 1, 2022) and decline the advantage of the incremental payment option.

The approved 2022 budget was enclosed in the mailed statement to homeowners, and will be posted on the Association website and Management Company homeowner portal for future reference.

Please note that if a property owner is being pursued for outstanding prior year’s fees, any payments made will be credited to outstanding balances or may not be accepted based on the account status. Property owners who are currently delinquent are requested to contact management to discuss their account.

Property owners who are in a financial position preventing them from paying their 2022 assessment in full by March 1, 2022, MUST send a written request for a payment plan extension either by mail, fax or email to the Management Company PRIOR to the due date to avoid additional fees. For property owners who are currently delinquent, the balance reflected in the mailed statement may not include all pending late or legal fees. Please contact Management Company for the most up to date balance.

PAYMENTS BY MAIL:

  • Please mail the provided coupon with your payment(s).
  • Make checks payable to PFMA, NOT High Sierra Management.
  • Late payment information can be found on your coupon and on the homeowner portal and Association website(Collection Policy).
  • Mail payments ONLY to the address on the payment coupon.

PERSONAL ONLINE BANKING BILL PAY SERVICES:

  • Mail payments ONLY to the address on the payment coupon.
  • Verify the payment amount.
  • Make payments payable to PFMA, NOT High Sierra Management.
  • Allow up to 7-10 business days for processing if you choose to use this payment method.
  • Include the account number on your payment.

ASSOCIATION ONLINE/AUTO PAYMENT OPTIONS:

  • To make an online payment – from this website:

o Click the “Pay Assessment OnlineButton -or- the Side Menu Option - to link to the Management Company’s ‘Pay Assessments’ page.

o You may also access the Pay Assessments’ menu option directly from www.highsierramanagement.com.

  • Automatic draft payments may be set up through the payment website at no charge to owners.
  • Credit Card payment options are also available on the payment website but will be charged a convenience fee assessed by the bank. E-check payments are NOT charged a convenience fee.

OTHER IMPORTANT INFORMATION:

  • Other information and services (i.e. legal documents, annual budget, calendars (Board of Director Meetings), Account History, etc.) are available on the homeowner portal as well.
  • Haven’t signed up for the homeowner’s portal, yet? Send an email to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it requesting registration and we will help you get signed up.
  • Do you need to change your mailing address? Send your request by email to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or send a written request to High Sierra Management, P.O. Box 940267, Houston, Texas 77094.

If you have any questions, feel free to contact your Association Manager, Sherri Carey at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or at 281-391-7914.

Sincerely,
Prestonwood Forest Maintenance Association, Inc.

 

COLLECTION PROCESS SUMMARY
 
1st Day of January – Regular assessment is due and grace period begins and ends the 1st day of March. 
 
15th Day of March – (Reminder Notice) A letter is forwarded to the owner advising of final due date and fees to be assessed.
 
15th Day of April – (Collection Warning) Regular assessment considered late and a fee of $25.00, plus interest, processing fee and collection costs will be assessed and a balance due letter will be forwarded to the owner. The letter will include a warning of the impending trash service suspension.
 
15th Day of May – (Final Demand) Additional late fee of $50.00, interest, processing fee and collection costs will be assessed and a demand letter warning of impending legal action and the implementation of trash suspension.
 
15th Day of June – All delinquent accounts for the current calendar year will be forwarded to the Association’s choice of legal counsel for pursuit of collection. An additional $50.00 late fee, interest, processing fee and collection costs are charged to the account. All costs associated with legal action will be charged to the homeowner account. 
 
 
Charges Applicable are as follows:
1. $25.00 Late Fee plus interest, processing and collection cost.
2. $50.00 Late Fee plus interest, processing and collection cost. (Suspension of trash service)
3. $50.00 Late Fee plus interest, processing and collection cost. (Suspension of trash service)
4. All Costs associated with legal action.
5. $25.00 returned check fee (if applicable)
6. Interest as stipulated in the Declaration
 
 
 

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