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Webinars

Upcoming Webinars

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Past Webinars

Is 10% of Budget to Reserves a Law?

May 9, 2019 No Comments

Click here to see a list of laws we compiled from across the country with respect to Reserves. While 30 states have some legal requirements, the “10% of budget to Reserves” is not a law. But it’s something you want to do. Due to the financial meltdown that began approx 2008, more lenders are particular with respect to making loans. Fannie Mae, Freddie Mac, and FHA have enacted a requirement that Reserve contributions comprise at least 10% of total budgeted assessment income (Note: this only applies to condominiums, it does not apply to planned development or home-owner associations).

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Reserve Funding – It’s Not About the Future!

May 9, 2019 No Comments

One of the biggest misconceptions about Reserve contributions I hear, even more than “they’re too much” or “we can’t afford them” (which I’ll address in another post), is that they are for the future. I don’t know how I can be any more clear on this matter. Reserve contributions are not for the future. Reserve contributions offset ongoing, day to day, current deterioration.

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Setting our Industry Up for Success

May 9, 2019 No Comments

After 30 years preparing Reserve Studies, helping associations make wise decisions about their capital budgets to avoid surprises and the high cost of deferred maintenance, Robert Nordlund of Association Reserves has joined the national “Think Tank” of the Foundation for Community Association Research (FCAR) to help the industry on a broader spectrum. Watch a brief video introducing 2016 Think Tank members and projects here.

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Make your Association 35% Better!

May 9, 2019 No Comments

We all know that scarcity causes conflict and stress. Scarcity of Reserves causes deferred maintenance and special assessments, drags down property values, and causes other related problems. How can an association avoid these problems and emerge with sufficient funds to maintain the community, maximizing property values and pride of ownership?

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