The announcement of the new Fannie Mae condo reserve requirements has many associations scrambling to comply. While noncompliance does not carry legal penalties, it can significantly impact an association’s marketability and financing. Understanding these new...
An HOA reserve study is a valuable financial tool for any planned community. It allows board members to gauge the estimated remaining useful life of the association’s assets and the cost to replace them. From there, the HOA can calculate the annual contributions...
