Wise Property Solutions recognizes the importance of a homeowners association properly maintaining common elements. Our management systems provide the means for planning, organizing, and supporting an association’s efforts to plan and undertake both regular maintenance and long-term capital projects.
Wise Property Solutions believes a reserve study is a critical component of an association’s long-term infrastructure plan. A reserve study is an in-depth evaluation of a property’s physical components and an analysis of its reserve funds. Based on a thorough on-site inspection, a reserve study details anticipated replacements or repairs to common-area elements and recommends annual reserve funding to cover capital expenditures for the next 30 years.