Reserve fun
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Transcript of Reserve fun
What are the challenges?What are the challenges?
How can you effectively educate owners about the importance of reserve funds?
What are the challenges?What are the challenges?
How can you effectively inform owners about the regulatory obligations related to reserve funds?
What are the challenges?What are the challenges?
What do you do if an owner defaults on their payments?
What are the challenges?What are the challenges?
What impact do the new FannieMae/Freddie Mac requirements for reserve funds have on your association?
What are the challenges?What are the challenges?
What impact does a marginally funded reserve fund have on lenders (and, therefore, buyers)?
What are the challenges?What are the challenges?
If you can’t do everything recommended in your reserve fund study, what should get the highest priority?
What are the challenges?What are the challenges?
How can you diffuse the “everybody’s a construction expert” debates that seem to develop around reserve fund studies?
Putting Out the FiresPutting Out the Fires
Inadequate insulation
Poor deck construction
Siding installation problems
Putting Out the FiresPutting Out the Fires
Pavement maintenance
Improper ventilation
Water intrusion