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HOA Reserves Rule Of Thumb: Everything You Need To Know

/ Owner - December 13, 2024

Managing an HOA comes with its share of financial responsibilities, one of the most critical being the maintenance of a healthy reserve fund. Many board members face challenges in determining how much should ideally be kept in these reserves to cover unexpected or substantial expenses down the line.  Here’s a fact: The rule of thumb suggests that an HOA reserve should be at least 70% funded to ensure financial stability.    Read the article…………………………….

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