You should have received your Annual HOA Assessment Invoice by email with the year-end financial statements and documents.
If the association does not have your email on file, you should receive a packet in the mail in a few days. If you don’t receive either, please contact the board.
The MIA HOA uses Quickbooks to manage the invoicing at this time. We use Heritage Bank to manage the payment processing.
Please return your enclosed annual HOA assessment invoice if paying by check.
The invoice can be paid in one of the following ways. Please remember to write your account number from the invoice on your check.
1. Mail payment directly to Heritage Bank
Montevideo Improvement Associationc/o Heritage Bank
PO Box 11014
San Jose, CA 95103-1014
2. Mail or drop off payment to our clubhouse mail slot
Montevideo Improvement Association
1585 Monteval Lane
San Jose, CA 95120
3. Online Dues Payment
If you wish to sign up for electronic payments visit http://www.hbcpay.com. The service is free if you connect a bank account; however, credit cards and debit cards will incur a convenience fee. Residents who have previously signed up for online payments should check to make sure the payment amounts are adjusted based on this year’s invoice.
To sign up homeowners will need the following information:
- Client ID: 1061
- Association ID: MIA
- Account number: (your account number, from the invoice. Please don’t use invoice number)
- Email address: (your email address)
PAYMENT PLAN OPTIONS
Our bank, Heritage Bank, can accept online payment for HOA dues. The bank’s offer for online payment comes with choices to pay in full, semi-annually, quarterly, or monthly. To cover the cost and effort to track the periodic payments and the mailing of statements, an installment fee per payment will be included for quarterly and monthly payments. The appropriate installment payment will be determined and assessed when receiving the initial payment.
Residents may choose one of the following payment plans:
Annual Payment: $954 total, 1 payment
- Payment due by Jan 31
- No installment payment fees
Semi-Annual Payment: $954 total, 2 payments $477ea
- Payments due by Jan 31 and July 31
- No installment payment fees
Quarterly Payments: $980 total, 4 payments $245ea
- Payments due by Jan 31, Apr 30, July 31, Oct 31
- $954 dues + $26 installment payment fees
Monthly Payments: $1020 total, 12 payments $85ea
- Payments due by end of each month
- $954 dues + $66 installment payment fees
The annual HOA assessment is always due on January 1 and will accrue late fees and interest after January 31 (or installment due date).