Real Estate Claims of “Strong Reserves” – Be Careful!

But one trend that continues to surprise me is how often claims of “excellent condo association reserves” and “strong association reserves” appear in our weekly monitoring reports. By following the links, I discover that these phrases on condo listings from major real estate marketing sites including Redfin, Trulia, and Zillow. This raises many questions in my mind: What is the basis of such claims?   Read the article…………..


Related Articles

HOAs/Condominiums Want to Know: What is a Transfer Fee in North Carolina?

A common question that we get from developers, managers, and HOA Boards is “what exactly is a transfer fee?”  Although

‘Know Before You Owe’ rules could delay condominium closings by weeks (DC/MD)

Residential real estate has changed as of this month. New contract forms exist for Maryland and the District, and new

Why Have a Professional Reserve Study

Every community association has three functions – to serve as a business, a government and a community. Community associations are