Considering that a quality reserve study prepared by a competent provider can, or at least should cost several thousand dollars, it is somewhat puzzling that the so-called "invisible hand" of the "free marketplace" has yet to demand a higher level of accountability and professional standards from the industry. At the present time there is virtually … Continue reading Setting a Standard For Reserve Studies
"How do you tell a good reserve study from a bad one?" This is a question the HOA DETECTIVE™ is often asked. Considering that reserve studies and reserve study providers are not created equal it is a fair question to ask...Unfortunately there is no easy answer. In order to determine whether any reserve study is … Continue reading Reserve Studies are Not Created Equal
Portland, OR - Readers who have been following the HOA DETECTIVE™ for any length of time should know by now how we feel about the construction defect litigation racket. Thanks in large part to Oregon's lenient statute of limitations, which may allow a HOA to bring a civil action for construction defects for up to … Continue reading Condo Association Receives $3M Construction Defect Settlement For ONE Leaky Door!