Reserve Studies
View our Reserve Study Brochure [PDF].
Reserve Studies benefit all kinds of Homeowners Associations (condominiums, neighborhoods, resorts, etc.). They are comprehensive reports that are used as budget planning tools for the common elements of a property that homeowners all contribute to the ongoing maintenance of (such as siding, roofing, walkways, etc.). It is the job of a reserve study specialist to assess the current financial health of the reserve fund as well as create a plan for future funding to offset anticipated major future common area expenditures.
Reserve Studies have become so important to the ongoing health of Associations that Washington State has passed legislation to encourage updating them annually (SB 6215). Lending institutions such as the Federal Housing Authority (FHA) are also adopting stringent requirements in the hopes of ensuring a minimum standard of property maintenance and reserve fund health.
Reserve Studies are a core part of our business and they have been since business inception. We strive to be the industry leader in the quality of our reports. Our approach is comprehensive, insightful, and meant to be used as a long term planning tool.
Much of our Frequently Asked Questions section is dedicated to Reserve Studies. Find out answers to:
Additional resources:
Download our Reserve Study Brochure [PDF] to find out more about our philosophy and the benefits to choosing us.
[back to top]
|