hoa reserve study

Why Your HOA Needs Sufficient Cash Reserves

If you live in a development with a HOA (Homeowners’ Association) you usually pay a fee to help it keep up with maintenance where you live. This can include minor things like landscaping and also major issues like plumbing problems. The type of maintenance varies depending on what your living space is like and where [...]

By Brian McCaffery|2017-06-29T20:11:17+00:00June 29th, 2017|Reserve Study|Comments Off

If Your Reserve Study Says a Components Remaining Life is 0 Does the Component Have to be Replaced?
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If Your Reserve Study Says a Components Remaining Life is 0 Does the Component Have to be Replaced?
Reserve Study

If Your Reserve Study Says a Components Remaining Life is 0 Does the Component Have to be Replaced?

The answer to this question is not a simple yes or no. Every year associations should review their reserve study and evaluate all components with a zero remaining life. But it may not be necessary to replace all of them right away. An important question to ask if you are not going to replace the [...]

By Brian McCaffery|2017-06-12T19:53:14+00:00June 12th, 2017|Reserve Study|Comments Off