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Search Results - condominium association reserve study

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Showing 1 to 7 of 7 Articles matching 'condominium association reserve study' in related articles.
Pages: 1

1. How to Get a Homeowners Association Reserve Study
October 25, 2013

Reserve studies are one of the best and most reliable management tools used by homeowners associations (HOAs) for residential communities. It can be divided into two parts, i.e. Physical Analysis and Financial analysis. The first is a determination of the physical status or the replacement cost of the main components the association. Financial analysis is all about the analysis and evaluation of the financial mechanics and assets of an association. If you’re running a community association, that can mean a lot of work for you, especially if financial modeling and property assessment are not sk... (read more)

Author: Universal Positions Universal Positions

2. How to get the best quality reserve study services
October 23, 2013

Best practice facilities management naturally involves systematic study and analysis. The reserve study is a full spectrum reporting and planning tool designed to deliver cost-efficient information resources and act as a reliable planning tool for communities. The reserve study is divided into two parts: Financial Analysis and Physical Analysis. The main aim of making the Reserve Study is to create a comprehensive management plan to address existing situations regarding the facility under management and to provide for future management needs. This type of study can be done for all types ... (read more)

Author: katrine raffel

3. Need a condominium reserve study done?
October 21, 2013

There are so many things that need to be taken care of, while managing any community or association. It is hard for any one person to take care of everything including the infrastructure facilities on your own. You really do need professional support, particularly for administration and finance. Failing to properly plan for cash needs and major expenditures can quickly put your firm in jeopardy, so working with a leading firm to plan these cash needs is an excellent choice. It’s critically important to have access to a professional knowledge base for financial projection and reporting exp... (read more)

Author: Universal Positions Universal Positions

4. High Quality Condominium Reserve Study Services
August 24, 2013

Reserve studies are considered to be the most effective and innovative planning tools. When it comes to the repair and proper maintenance of a condominium, they are the best tool to use. They will allow you to maintain your properties in the best possible manner. These studies are designed by experienced and knowledgeable professionals in order to help you provide sufficient resources and funds. If you are looking for unique and quality software programs, then it is very important for you to utilize the services of the most reliable Reserve Study provider. A reliable provider will not onl... (read more)

Author: Universal Positions Universal Positions

5. Homeowners Association Reserve Study Services
August 24, 2013

Reserve studies help plan the funding for community need such as paving, painting and roofing. This funding capital helps associations manage their various works in the best manner. In order to make an effective development plan, many communities use reserve study software. Reserve studies offer you long-term funding plans in order to effectively manage the community and make sure that the community is prepared for any and all problems that may appear in the future. Reserve studies provide financial planning and comprehensive analyses of various community components ranging from walls, ... (read more)

Author: Universal Positions Universal Positions

6. Comprehensive reserves studies reports from a leading company
July 24, 2013

When you are managing or supervising maintenance of the property, whether it’s a condominium, timeshare, or other property type, it’s essential that you effectively forecast expected expenses over a long period of time. In order to do this, many associations use reserve studies. This study provides an important tool for managing expenses over a period of years, integrating things like repair expenses, construction expenses, and other regular or irregular expenses. Not only does it help forecast expenses, but it can be an essential tool that prospective buyers will ask for when assessing your p... (read more)

Author: Universal Positions Universal Positions

7. The Beauty of Condominium Living
April 28, 2013

A full budget review will take place and it must be determined that 10% of the association's operating funds is allocated to reserves 4. When you need a condo reserve study conducted, it's vital that you choose an architectural firm known for taking the time to customize that study to reflect your property's unique needs. Therefore, a condo that is purchased after careful consideration and sound judgment can turn into a great investment when you decide to move on to a bigger place.We all know that today's real estate market needs as many buyers as possible. It will allow your a... (read more)

Author: Matthew Reynolds

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