Recent News

For Condominium and Homeowner Associations......

Community Associations Institute - Southeast Chapter (FL)

Our thanks go out to the staff of CAI-SE for their hospitality during the January 21, 2012 Trade Show held at The Signature Grand in Davie, FL. We enjoyed meeting many new friends.

Here is the most recent link to view FHA directives to mortgagors and underwriters for FHA qualification. 

http://www.portal.hud.gov/hudportal/documents/huddoc?id=11-22ml.pdf

Call or write and we'll send additional resources to you. This link includes the Attachment and the all important "Guide".   

In the world of Subsidy properties....

**Updating the CHFA & DECD Capital Needs Anlysis**

Connecticut Housing Finance Authority

Connecticut Department of Economic Community Development

February Sale! CHFA & DECD sites requesting a proposal during the month of February will receive our quote based on the 2006 price list, the first year of the capital needs requirement. Existing customers will receive the original price, even as far back as 1999! Look for details in the mail. 

 On the planet with Recreational Properties....

Best of Luck to the new members and owners of the Montreaux Golf and Country Club in Reno, Nevada. We hope that the recent Capital Needs Analysis we completed will be a useful tool for managing the new Jack Nicklaus Signature PGA Golf Course

*****************************************************

 Welcome to The Replacement Reserve Report

Our expertise and professionalism with reserve studies and capital needs analysis has developed over thirty years of specialization.  The long name is simple, now common, and unique as well. When our firm began, when no other firms existed, all of the names were available, and what could be more relative to explain what we do?  Originally developed for associations, State and Federally assisted housing quickly requested our reports for subsidy multifamily and senior housing. The trustees, managers and owners of housing entities brought our analysis to other types of operations to preserve their investment or to enhance value.

Over the past 30 years we have satisfied the needs of our customers, creating more than 7,000 reserve studies for condominium and homeowner associations, multi-family sites, hotels, country clubs, public works facilities, state and federal government facilities, and numerous other special use properties throughout the East Coast of the United States.

Our professionals understand and embrace the methodology and analytical tools needed for first-class physical and fiscal analysis, and multi-variant options for projecting immediate and future capital needs.  We are the service provider for reserve studies and capital needs analysis. 

Our pricing is better than competitive and based on the complexity of the customer's property. We recently developed a "small property" format that allows properties of 24 units or less to afford the services utilized by larger properties without reducing crucial information.

The asset management and engineering recommendations of our analysis will give you the information you need to make informed decisions. We create a partnership with our clients that enables properties to prosper, preserve, and perpetuate. 

If you have any questions regarding the reserve study and capital needs process, please e-mail or call us for a confidential response.