A site-visit based Reserve Study Update is a slightly less time-consuming and less expensive level of service. This is because Updates do not include measurements and we rely on the credibility of an existing Component List from a prior Reserve Study. The prior Reserve Study may have been prepared by Association Reserves or a competitor. All Components are inspected, for the purpose of updating Useful Life, Remaining Useful Life, and Replacement Cost estimates. Some measurements may be spot-checked for accuracy and component additions or deletions may be made. Reserve Study Update- WSV is a level of service that is appropriate for clients to choose every 2 to 5 years. Clients with long or complicated Component Lists or with major repair or replacement projects approaching or recently completed, may choose this level of service on a more frequent (1 to 2 year) basis. We document your site-visit based Component List update with a full-color photographic inventory. It is on the basis of the updated Component List that we are able to calculate your current Reserve Fund Strength. Finally, we craft a custom Funding Plan that allows for timely repairs and replacements, with an emphasis on avoiding special assessments.
Reserve Study Update
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Your budget choices affect quality of life at your association and home values. Get an expert on your side WRT your… https://t.co/9ziDPtgYRD
- Jul, 17 2018
Home values and the future of your association are affected by your association's budget choices. Make them wise ch… https://t.co/1nqPSpNib3
- Jul, 16 2018
Want to reduce your special assessment risk? Update your Reserve Study and keep those Reserve contributions "dialed… https://t.co/4gJJEnEkS9