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Our Capital Needs Assessments include a Replacement Reserve Analysis report that will analyze the costs for your property over the next 20/30/50 years and examines the performance of your replacement reserve account. We look at your replacement reserve as it is structured today, as well as other structures that may provide better security for your property. The difference between our reserve analysis and those prepared by other firms is that our staff has a broad range of experience in asset management, and we review all properties and associations that we assess as if it were one of the properties in our asset management portfolio.
We utilize our large team of professionals to review each needs assessment and reserve analysis to add their input on the needs of your property or association. Each person on our review team provides input, advice and questions about the best way to prepare your reserve analysis. Our inspectors have a broad range of experience by inspecting properties of every type, from townhomes to high-rises, hospitals and nursing homes. Our inspectors are also professional asset managers, who not only understand the cost and means of replacement and repairs, but are also familiar with the realities of budgets.
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Our Replacement Reserve Analysis:
1. Shows you exactly where your replacement reserve account succeeds or fails throughout the 20 year term.
2. Shows you how you can possibly lower your monthly escrow deposits while still ensuring that your property has the proper replacement reserves.
As with everything else U.S. Housing Consultants does, we attempt to make this process as simple as possible, and also collaborate with the owner or management agent we are working with. We have heard from so many of our clients that other companies who perform replacement reserve reports, arrive on their doorstep one day without any possibility of editing, which could cost you thousands of dollars in unnecessary deposits to the replacement reserve account.
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