Navigating Condo Risk: Insurance, Lending and Capital Planning

In this webinar, Reserve Advisors discusses "Navigating Condo Risk: Insurance, Lending, and Capital Planning". This discussion breaks down the critical issues caused by underfunded reserves, deferred maintenance, and insufficient insurance coverage that land communities on the "do not lend" list. Our expert panel reveals the "perfect storm" of factors driving up insurance premiums and provides actionable steps to ensure your association is in the best possible position. Florida condominium associations, among others, must adapt to these new legislative and market changes to ensure compliance, protect residents, and maintain property values. Contact us today for more information or to request a proposal! https://www.reserveadvisors.com/conta... Timestamps: 00:00 – Introduction 03:10 – What is the "Blacklist"? 07:45 – Top reasons for being on the blacklist 12:42 – How to avoid and get off the blacklist 16:50 – Navigating the condo insurance market 21:00 – The insurance "hard market" 25:20 – The reserve study's role in risk mitigation 29:05 – Q&A Session 30:15 – Q&A on Roof Replacements & Premiums 33:00 – Q&A on Reserve Studies & Lender Requirements 37:25 – Q&A on Deferred Maintenance 40:50 – Q&A on Legal Obligations & Loan Denials 42:45 – Q&A on Rental Policies & The Blacklist #CommunityAssociations #HOA #CondoAssociations #FannieMae #FreddieMac #CommunityLiving #Lending #Insurance #ReserveStudy #PropertyManagement #RealEstate #RiskManagement #HOALaw #InsurancePremiums