The HOA Blotter: May 7, 2017

Dateline: Portland, OR - This weeks' round-up of HOA horror stories includes the case of a  22 unit,  single-building condominium in the Portland area that was forced to levy a special assessment to pay for exterior building renovations after 37 years of under-funding its reserve account. While it is true that many HOAs end up … Continue reading The HOA Blotter: May 7, 2017

Reserve Planning: The Importance of Objectivity

Why is it important that the reserve study be prepared by an impartial, third-party provider? This is a question that many reserve study providers would just as soon not have to answer. It is also one that the industry itself has chosen to address in only a passing manner by requiring that the reserve study … Continue reading Reserve Planning: The Importance of Objectivity

Because You’re Buying More Than A Home: Part V

Admittedly, it's been a while since the HOA Detective touched on this topic, but that's not because yours truly hasn't been busy. To the contrary, the number of buyers purchasing homes in HOAs, and condominiums in particular, seems to be never-ending. In our quest help shine the light of day on the pitfalls of homeowners … Continue reading Because You’re Buying More Than A Home: Part V

Reserve Studies: The Importance of Objectivity

Why is it important that the reserve study be prepared by an impartial, third-party provider? This is a question that many reserve study providers would just as soon not have to answer. It is also one that the industry itself has chosen to address in only a passing manner by requiring that the reserve study … Continue reading Reserve Studies: The Importance of Objectivity