A Tale of Two Reserve Studies

One of the things that we advise all of our clients is that a homeowner association's financial situation can change quickly. Hence, it cannot be assumed that just because an Association received a relatively positive review from CIDA's examiners it will always be a fiscally sound, well run organization. A second piece of advice that … Continue reading A Tale of Two Reserve Studies

The Tipping Point…

Back in 2009, while the housing market was in the process of imploding, Capital Reserve Consultants, LLC (CRC), received an invitation from the Community Associations Institute (CAI) asking if CRC would be interested in submitting a proposal to be a presenter at the upcoming CAI national conference. Never being one to miss an opportunity CRC's … Continue reading The Tipping Point…

Introduction to Reserve Planning

What is reserve planning and why is it important to the sustainability of a homeowner association (HOA)? Most people who purchase homes in HOAs have no idea what a reserve study is, or why it is important. In spite of the critical role reserve planning plays in the long-term sustainability of a common interest development … Continue reading Introduction to Reserve Planning

HOA Blotter: January 27, 2018

Dateline: University Park, WA - Breaking news from the Evergreen State... The HOA Detective has just learned that during the past week a University Park, WA condo owner was required to pay $295 to to the Association's management company to obtain the Condominium Resale Certificate that is required by state law in Washington. The Certificate … Continue reading HOA Blotter: January 27, 2018

CRC Report Spin-Off is Now Official

Almost six years after the the first report was delivered, the founders of the CRC Report have completed the spin-off of their pre-purchase HOA due diligence service into a stand-along enterprise. The new company, CID Analytics, Inc. (CIDA), was registered with the state of Delaware in June of 2017. The spin-off became official on December … Continue reading CRC Report Spin-Off is Now Official

HOA Blotter: August 8, 2017

Dateline: San Francisco, CA - In what can only be described as an unprecedented level of homeowner association incompetence at the administrative level we have the case of the Presidio Homeowners Association located in the exclusive Presidio Heights neighborhood in San Francisco, CA. Couple Purchase Private Street in Exclusive Presidio Heights HOA The upscale HOA, … Continue reading HOA Blotter: August 8, 2017

Mid-Year Update: CRC Report

This past week the CRC Report team was invited to Ketchum, ID to participate in a half-day seminar for HOA Board members and community leaders. The event was sponsored and hosted by our friends Tim Dublin and Tom Normand, the owners of GreatWest Property Management, a Boise, ID-based management firm which also serves the Ketchum-Sun … Continue reading Mid-Year Update: CRC Report