Concerns About Reserve Shortfalls Are Growing, but Reserve Funding Levels – Not So Much
Click on the magazine cover to the right to read the article, which starts on page 32.
The article by Nena Groskind addresses the perennial problem of the lack of reserve funding for community associations.
Here is an example of a quote/interview piece from Heather used in the article:
“What many owners don’t recognize…is that building a strong reserve fund can improve the value of their units by making the community more attractive to prospective buyers. That logic will be more persuasive with some people than others, however. It can be difficult to persuade owners who have a short-term perspective to support the long-term reserve planning their communities need.”
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Click below to access the article.