Financial Information

 
Homeowner Association Information Regarding Billing of Annual Assessment

Billing Information
Cycle:  Annual Billing on January 1st of each year
Statements are mailed by the Fund Office in November of each year. 

Dues are as follows
Lakewood Forest Fund Annual Maintenance Assessment for 2019 is $ 630.00
Lakewood Civic Association Annual Membership Dues for 2019 is $ 10.00
                           
Late Fee Information
Assessments are due on January 1st of each year and considered delinquent February 1st. 

An initial late fee of 10% is charged in February; thereafter, flat fee of $ 5.00 charged each consecutive month on past due balances.

 Payment Plan
To request a payment plan, please contact The Fund directly 

via email to gm@lakewoodforestfund.com or via phone to 281-370-8943.

Collection Proceedings

The Fund pursues delinquent accounts on a continuous basis as the community uses assessments to pay the operating expenses for the association.  

The association’s legal documents, which you agreed to abide by when you purchased your home, requires prompt payment of assessments

or the association has the authority to enforce collection through various legal means including filing a lien against your home and foreclosing on your home.  The Fund will not hesitate to take all measures necessary to collect past due assessments therefore if you are experiencing a financial hardship, 

it is imperative that you contact The Fund to request a payment plan. 

Payment Options

OPTION #1:  MAILING PAYMENT WITH COUPON TO ASSOCIATION LOCKBOX:
Make payable to:         Lakewood Forest Fund, Inc.
Mail to:                          PO Box 97263
                                       Las Vegas, NV 89193-7263

***Do not mail certified or registered mail to this address as this is a lockbox account.***

Attention Residents:  This PO Box in Las Vegas is the lockbox address for the association.  Lakewood Forest utilizes a lockbox service for speed and efficiency in processing payments.  Since the association has a high volume of receivables during December and January, it is much more effective to utilize a lockbox service versus having one individual process all the payments manually.

Information for owners who pay via bill pay at their bank:  Due to some internal changes, we are requesting that you delete your current bill payment and set up a new bill payment with the Association ID as LWF and include your account number (as listed on your statement) in the memo section.

 OPTION #2:  ELECTRONIC PAYMENT OPTIONS (E-Check or Credit Card): 
Note:  There is no charge when initiating an e-check payment however a third party service fee will be charged when making payment by credit card.    
- Click on link listed below

https://onlinepay.allianceassociationbank.com/home.aspx

-Select whether paying via e-check or credit card

-Fill out information as requested below
(1)  Management Company ID:  6564
(2)  Association ID:  LWF
(3)  Homeowner ID:  enter the account number as listed on your statement

OPTION #3: DROP PAYMENT THROUGH FRONT DOOR SLOT AT FUND OFFICE or MAIL TO FUND OFFICE:
Make payable to:         Lakewood Forest Fund, Inc.
Address:                        12415 Louetta Road
                                        Cypress, TX 77429

2018 Lakewood Forest Fund Budget
Click on attached to view 2018 budget

2019 Lakewood Forest Fund Budget
Click on attached to view 2019 budget