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Assessing HOA Financial Health: The Critical Role of Reserve Studies Explained
Manage episode 396920329 series 3376147
Chuck HAMM द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Chuck HAMM या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
In this episode of the podcast, we welcome guest Luke Erickson to discuss the crucial role of reserve studies for Homeowners Associations (HOAs). We explore how reserve studies serve as essential tools for understanding the financial health of an HOA, offering valuable insights for potential buyers evaluating an association's strength or weakness. Our discussion covers the functions of a reserve study, highlighting its importance in aiding HOAs to effectively plan and manage their budgets. This episode provides an in-depth look at how reserve studies impact both HOAs and homebuyers, making it a must-listen for anyone involved in real estate and HOA's.
The Department of Real Estate RESERVE STUDY GUIDELINES for Homeowner Association Budgets is available here: https://dre.ca.gov/files/pdf/re25.pdf
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This content is not legal advice. Contact an attorney for legal advice.
For specific real estate sales or mortgage lending questions, you may contact chuck@fund2000.com
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