Sufficient HOA reserves not only help your community thrive in good times. In times of disaster, your reserve fund contribution can also help the HOA get things back to normal. What Are HOA Reserves? Homeowners association reserve funds are the money (or some other…
Investing HOA reserve funds is an interesting decision that could set up an association for financial growth. However, any HOA reserve funds investment policy carries its share of risks. Investing HOA Reserve Funds: Yay or Nay? Any investment decisions should be made carefully and…
HOA reserve funds are integral to any homeowners association. Without them, your HOA may be forced to make unpopular financial decisions or delay crucial repairs. What Are HOA Reserve Funds? What does reserve funds mean? A reserve fund functions as the association’s savings account….
An HOA reserve study is an essential tool in examining and maintaining the financial health of your association. Yet, many boards remain in the dark about the importance of these studies and choose to forgo them altogether. But, what is a reserve fund study exactly…