Buying a condo is a complex process, and if you're not careful you can get stuck with a board asking for special assessment after special assessment on issues you didn't even know could exist. In response to this problem, Reserve Plus developed a service to protect against this liability. Through our extensive experience writing reserve fund studies and working with property managers and condo boards, we know what a well-managed condo looks like — and we leverage that knowledge on your behalf through our Condo Document Review service.
With this service, we review all of the documents a condo board is required to keep, giving you — the potential owner — a robust understanding of the building's condition as well as its ability to pay for upcoming repairs. Through our reserve fund work we developed two easy-to-understand metrics that track a building's condition and financial health. We tabulate these for you so you can ensure the condo you're choosing is a good investment.
Buying a condo can be a stressful business. Let us make it a little less stressful, so you can be confident you're buying the right property.