Ignoring Your Reserve Study?

/ Owner - December 6, 2023

Reserve deterioration is an ongoing cost. It cannot be avoided. If Reserve contributions are less than deterioration, future owners will pay more than their fair share when they get hit with a special assessment, or their home values will not attain full market value due to deferred maintenance (lack of curb-appeal) or difficulty of obtaining favorable mortgage terms. And the homeowners? When they are unhappy, & when they’ve been treated unfairly, they are more inclined to sue.   Read the article (PDF)……………………………

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