An HOA board has a duty to ensure that its community runs smoothly, and with financial stability. A well-funded reserve fund can affect many things, such as the ability to implement necessary repairs and upgrades, which ultimately affect the market value of the property. Market values can directly impact homeowners and whether or not they become long-term members. Not only should and HOA reserve be well-funded to comply with governing documents and state laws, but it is also for these four essential reasons.    Read the article………………………..