Reserve Study: the study of the association's preparedness for dealing with both its day to day and its long term financial needs.

Common interest developments have become more popular over the past 30 years, and with the 'Baby Boomers' beginning to reach retirement age, they are likely to grow in popularity even more.

The importance for the Home Owners Association to be financially fit becomes greater as time passes. The buildings and amenities will need regular maintenance and replacement, there may be a need to remodel the entire complex or there may be a catastrophic event, all of which will require ample reserves.

InspectorPro offers 3 tiers of reserve studies:

1. Review of existing studies by one of our team members, no site visit, and no verification of condition of amenities. This level is a cursory review of an existing study and its contents, and validation that you are headed in the right direction.
2. Supplemental review of a recently expired study, with site visitation. If the existing study has recently expired and you need to update, this is the service you want
3. Full Reserve Study. This is a complete study with site visitation, verification of amenity quantities, aging, and condition. We build the entire study from scratch and offer it a new basis for steering your association in the right direction

Naturally, the more involved, the higher the price. We do strive to stay competitive, and try to deliver a fairly priced product commensurate with the clients needs. Call today for a free consultation.

Office (310) 530-4505

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