Sell faster and for more
When you decide to sell, your buyer will do their homework. They'll request the reserve study, review the funding percentage, and ask about upcoming assessments. What they find will shape both their offer and their confidence in moving forward.
A fully funded building makes the sale easier:
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Buyers compete, not negotiate. In a building with healthy reserves, buyers don't have ammunition to demand discounts. There's no looming assessment to price in, no deferred maintenance to worry about.
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Financing goes smoothly. Lenders scrutinize association finances. Buildings that meet reserve requirements qualify for more loan products, expanding your buyer pool.
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Closings don't fall through. Deals collapse when buyers discover financial problems late in due diligence. Transparent, healthy reserves eliminate that risk.
An underfunded building creates the opposite dynamic. Buyers hesitate. Offers come in low. Financing gets complicated. Some buyers walk away entirely.
The few hundred dollars per month in higher dues that funds adequate reserves often returns multiples when you sell. It's not an expense—it's an investment in your eventual sale price.