Expert Reserve Services, Inc

Thank you, FLCAJ Readers!

Expert Reserve Services is honored to have received the Diamond level FLCAJ Readers’ Choice Award in the Financial Services Category. The FLCAJ Readers’ Choice Awards is a unique recognition program that shines a spotlight on the positive contributions of community association service providers throughout Florida. Awards are presented to companies that demonstrate, through their commitment […]

Separating Traditional and Structural Integrity Reserve Studies (SIRS)

Recently, a new law went into effect that requires separation between Traditional and Structural Reserves. Therefore, it is good business practice to split your existing reserves either internally or physically in order to maintain the proper balances on each. Statute states that an Association cannot comingle traditional and structural reserves. The Structural Integrity Reserve Study […]

Expert Reserve Services Now Provides Milestone Inspections

Expert Reserve Services, Inc. with Nick Lopez is happy to announce they now provide Milestone Inspections for the great state of Florida.Milestone Inspections are required by Florida Statute for all condominium structures that are 25 years of age and older and are three stories or more tall. A “Milestone Inspection” is the structural inspection of […]

Education – the Foundation of Excellence!

In the dynamic landscape of community association management, staying informed and educated is key to success. At Expert Reserve Services, we take pride in not only providing top-notch reserve study services but also in actively engaging and educating Community Association Managers (CAMs). In this blog, we’ll explore how our commitment to knowledge and excellence sets […]

Experience Counts!

Choosing a company to conduct a reserve study is a decision that can significantly impact the long-term financial health of a community association.  One of the key factors to consider in this decision-making process is the level of experience that a company brings to the table. Expert Reserve Services has a total of over 25 […]

Fannie Mae and Freddie Mac: New Lender Requirements Take Effect

In July, Fannie Mae and Freddie Mac released updates to project eligibility standards for condominiums and housing cooperatives. The changes officially went into effect on Sept. 18, 2023.  For condominiums and housing cooperatives, Fannie Mae and Freddie Mac updated their project eligibility rules in July. A condominium, housing cooperative, or any other type of multi-family common interest ownership […]

Expert Reserve Services in the Community

Expert Reserve Services is proud to be involved in our community, fundraising for charitable causes on a regular basis. We are currently looking forward to The Baron’s Ball, a black-tie event benefitting The Admiral William Masters Scholarship Fund for Embry Riddle Aeronautical University ROTC. Please Join us Saturday October 7, 2023 Halifax River Yacht Club331 […]

Structural Integrity Reserve Studies from the Inside Out

Everyone is talking about the new laws, and everyone is concerned. The new SB 4-D legislation that passed in May has been the “hot topic” of so many conversations; some good, some not so good. So, let’s break it all down and get a handle on this new requirement. What Is A Structural Integrity Reserve […]