Hi all, Does anyone have an easy metric or calc to analyze whether an Association's reserves are sufficent?

Suffice to say we have several years until we bump up into our limits (currently 10 for me, 10 for the wife), and I fully expect for the lending to look very different at that time.

A weekend one maybe two should suffice.

For my purposes I think a simple joint venture will suffice if we decide to go that route.

It seems to me that the 50 hours of free content should suffice, and after reading other posts, PW is notorious for adding fees and packages.

Then Close B -> C.ORClose B -> C first in which case the funds go into an escrow account so that you can then Close A -> BI can send you my purchase contract if you want it but a standard contract to purchase will suffice.

Let it suffice to say that ground up 100% new construction at wholesale costs creates REAL EQUITY VALUE built in to each house OTHERWISE TOLL BROTHERS WOULDN’T BE IN BUSINESS.

On the contract side, I'm glad you mention it but, currently I don't know if he has or has no plans to have skin in the game, but if so, do you think 20-25% from the builder would suffice this worry?

In your analysis and setting of metrics, do not forget to make sufficent allocations of net income to capital reserves for future capital expenditures (roof, HAVAC, sewer line replacement, etc).Welcome aboard and best of success to you.

I'm contemplating bidding on hubzu and my lender thinks air pressure test might not suffice for appraisal.