If you have any questions, please let us know by using our Contact us Form.
The assessments that each homeowner pays go toward the up keep of the common areas on the property. This would include such items as landscaping, common area water & electricity, upkeep of access gates (if applicable), payroll (if applicable), pest control, garbage pick up and water treatment i.e. water softener (if applicable), etc. A portion of the homeowner assessment goes to pay administrative fees such as the Management Company, office supplies, copies, faxes and telephone expense. A portion also goes toward paying for legal advice, when needed; licenses and permits (i.e. pool permits, outside utility companies, etc.), end of year audits. General Liability Insurance would also be a part of an assessment. A part of the assessment should also be set aside in a reserve account for future repair and replacement in the common areas so that the Board of Directors does not have to ask for special assessments on a frequent basis.
In short the assessment that every homeowner pays goes to one thing for the property and that is to PROTECT, PRESERVE AND ENHANCE the property values of each and every homeowner in the association.
To ensure that the type of improvement harmonizes with the nature of the neighborhood. The Association has certain criteria in which all homeowners abide by. This type of control is what residents look for in a homeowner's association.
You can reach us by phone at 210.732.0000 or by fax at: 210.733.3415.
Our mailing address is 2611 North Main . San Antonio, TX 78212.
You can also contact us by using our Contact Us Form.
2611 North Main . San Antonio, TX 78212. MAP
2. Pursuit of Delinquent Unit Owner Accounts. In accordance with the Documents and Rules and Regulations of the Association, Wildwood Management Group notifies unit owners of delinquent balances. Wildwood Management Group also works with the Association’s legal counsel on accounts requiring additional action.
3. Payment of Invoices. All invoices will be approved and paid on a weekly basis. All contracted work is inspected for accuracy and fulfillment prior to payment.
4. Monthly Deposits into Reserve Accounts. As budgeted, the monthly reserve funding will be deposited into a segregated reserve account.
5. Monthly Financial Reports. Each month Wildwood Management Group will provide the Associations Board with a Balance Sheet, Budgeted Statement of Operations, General Ledger, and Deliquency Report. The Budgeted Statement of Operations reflects, by budget line item, the actual amounts paid, the budgeted amount and the variance from the budget both for the current month and for the fiscal year to date. The Balance Sheet lists the current assets, liabilities, and equity of the Association. The General Ledger lists all of the specific invoices paid during the month for each line item, plus all the assessment and interest deposits made into the operating and reserve accounts of the Association. The Delinquency report lists all unit owners, balances, amounts billed, and amounts paid during the month. Additional reports can be provided at the request of the Association.
6. Preparation of the Annual Budget. Wildwood Management Group works closely with the Board of Directors in the preparation of an annual budget which meets the objectives of not only the current year goals but also the long term goals of the association. Wildwood Management Group will analyze the specific needs of the association including major projects, recurring expenses, contracts and assessment amounts while preparing a preliminary budget for board review. The Board reviews the budget, makes necessary changes, and then the final budget is prepared.
7. Rules and Regulations Enforcement. As specifically directed by the Board, Wildwood Management Group will enforce and notify unit owners and/or residents who are in violation of the communities’ rules and regulations.
8. Correspondence with Unit Owners and Board of Directors. Wildwood Management Group receives phone calls from owners and vendors during the daily operation of the Association. Additionally, Wildwood Management Group also receives mail and e-mail as well as maintains an Emergency Service for after hour maintenance emergencies. Owners with maintenance problems or questions, account balance questions or other concerns contact management daily.
9. Unit Sale Information. Wildwood Management Group utilizes a third-party provider, CondoCerts – The Online Mortgage Utility (www.condocerts.com 1-800-310-6552), which provides information and works closely with Wildwood Management Group in providing information that can be ordered online, such as: resale certificates, copies of insurance coverage for the community, statements of assessment accounts, and various individual mortgage lender questionnaires.
10. Contract Negotiation and Performance. Wildwood Management Group has been in business for over twenty (20) years and has developed hundreds of working relationships with local vendors. Wildwood Management Group has strong name recognition and a financially strong reputation which allows Wildwood to quickly obtain bids and negotiate advantageous contracts from a pool of the best subcontractors available. All contractors are required to have liability and workmen’s compensation insurance. Wildwood assists in creating a scope of work which is approved by the Board of Directors and distributed to generally three contractors for bidding. The results are presented to the Board for approval prior to awarding the contract. The contact is awarded and monitored to ensure the work is completed timely and as prescribed.
11. Regular Visits and Walk-Through of the Community. Wildwood Management Group will perform regular inspections of the community.
12. Annual Meeting. A Wildwood Management Group representative attends and assists organizing the annual meeting.
13. Professional Advice to Counsel. Upon the request of the Board, Wildwood Management Group provide management advice regarding procedures, formulation of rules and regulations, feasibility of various projects or any other questions associated with Homeowner and Condominium Associations.
