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BOARD MEMBERS HESITANT ABOUT HIRING A PROFESSIONAL? 

BUYERS GUIDE: HESITANT BOARD MEMBERS?


Video transcription:  So we often come to communities and there's a board member or two that are very tentative about hiring a reserve study professional. This oftentimes has to do with some people not wanting to know exactly what kind of position the community is in. Now are they poorly funded is there no reserve account established these are big issues that obviously need to get fixed for those types of communities. Now when we come out we do reserve study we make sure it's a comprehensive study that that particular community can use in their long-term budget plan. We're not going to come out provide a reserve study that essentially is useless to you, we want to make sure you're going to be able to utilize it to get on a path towards a higher funded level. So when the expenses related the siding and the roofing and the paint come due you actually have the funds there to pay for that. Because remember whether the funds are there or not the costs are going to happen. It's important to remember to plan for it ahead time, it's much cheaper that way than say special assessments or loans. There's a lot more information on our website about this http://www.rdanorthwest.com check it out and go ahead and contact us with any questions you might have. Thank you so much​ 

 


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