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(877) 252-3327
help@mycmg.com

  • Home
  • Our Services
    • Community Management
    • Accounting/Collections
    • Maintenance/Violations
    • Board Education
    • Reserve Planning
    • Legal Assistance
    • Value Added Services
  • Why Cedar?
    • Our Message
    • Our Mission
    • Testimonials
    • Our Value
    • Answers
  • About Cedar
    • Company Facts
    • Our Staff
    • Memberships
    • Careers
    • Partners & Acquistions
    • Resources
    • Cedar Staff Login
  • Blog
  • Contact Us
    • Office Locations
    • Homeowner Central
    • Pay Dues Online

Planning

Reserve Planning for Homeowners Associations

All community and homeowners associations need to plan in the long-term. Cedar Management Group helps our communities plan for the future by training board members and implementing reserve studies.

The Reserve Planning Process

HOA Reserve Planning

HOA Reserve Planning

Reserve planning is an important part of your HOA’s overall financial health. A reserve study identifies association maintained components, their useful lives, the cost of repair or replacement and a 30-year funding plan. This ensures that money is available when needed. The reserve study also ensures that all owners pay their fair share for major projects and that special assessments are only used for capital improvements.

Cedar works closely with the board of directors throughout the reserve planning process. First, all major association maintained components are identified. Next, the cost to renovate each item is then determined by contractor bid or construction cost estimate. Finally, the remaining useful life of each item is noted

Importance of HOA Reserve Planning

Buyers and lenders look closely at how reserve funds are handled by the association. Lack of reserves is a red flag for an inevitable special assessment. If given the choice between an association with healthy reserves or one with little or none, which would be the wiser investment? It’s our goal to make sure your community is always a good investment for your residents.

You need to work with an experienced management company and Cedar is up to the task. Let us help you through your reserve planning process and contact our office at (877)-252-3327 or request a proposal online.

Select a service option below to learn more:

Community Management
Accounting | Collections
Maintenance | Violations
Board Education
Reserve Planning
Legal Assistance
Value Added Services
Request a Proposal
Our Community Association Management Locations
  • HOA Management Charlotte | 704-644-8808
  • HOA Management Rock Hill SC | 803-620-1388
  • HOA Management Asheville | 828-333-4404
  • HOA Management Hickory | 828-358-1245
  • HOA Management Winston-Salem | 336-793-0879
  • HOA Management Raleigh-Durham | 919-348-2031
  • HOA Management Columbia SC | 803-234-4444
  • HOA Management Greenville SC | 864-469-4937
  • HOA Management Mooresville | 704-235-4902
  • HOA Management Greensboro | 336-690-5001
  • HOA Management Charleston | 843-416-5038
  • HOA Management Hilton Head | 843-547-0206
  • HOA Management Myrtle Beach | 843-286-5545
  • HOA Management Wilmington | 910-782-1143
  • HOA Management Knoxville | 865-314-8562
  • HOA Management Gatlinburg | 865-314-8562
Recent News
  • How To Make An HOA Candidate Statement For Board Nominations
    February 24, 2021
  • How To Hold An HOA Annual Meeting During COVID
    February 11, 2021
  • 7 Crucial Items to Include in Your HOA Annual Checkup
    February 11, 2021
  • Homeowners Rights Against HOA: Avoiding Conflict In The Community
    February 2, 2021

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Cedar Management Group
PO Box 26844
Charlotte, NC 28221

Phone: (704) 644-8808
Toll Free: (877) 252-3327
Fax: (800) 334-0526