Millerdodson

09/04/2026

Our office will be closed from September 4th until September 7th in observance of Labor Day. We will reopen on Tuesday, September 8th at 9 am.

09/02/2026

📢 ATTENTION CONDO BOARDS & PROPERTY MANAGERS 📢
Major changes are here for conventional mortgage approvals! Fannie Mae and Freddie Mac have updated their lender eligibility rules, putting association reserves under much closer scrutiny.

If your community isn't compliant, potential buyers could lose access to conventional financing, directly impacting unit sales and property values.

Key Changes to Know:
🗓️ Effective August 3, 2026:
❌ No "Baseline" Funding: Lenders no longer accept baseline funding models (aiming to keep balances just above $0).
📈 Highest Recommendation Rule: If using a study to adjust reserve funding, your budget must follow the study’s highest recommended allocation.
⏰ 3-Year Max Age: Reserve studies cannot be older than 36 months (3 years) at project review.
🤝 Independent Experts Only: Studies must be conducted by an independent third-party specialist.

🗓️ Effective January 4, 2027:
💰 15% Reserve Allocation: Associations must allocate at least 15% (up from 10%) of total annual budgeted assessment income to replacement reserves.

Action Steps for Your Board:
1️⃣ Check the date on your last reserve study—if it’s nearing the 3-year mark, schedule an update now.
2️⃣ Ensure your funding plan uses an approved Threshold or Full Funding model.
3️⃣ Review your budget allocation to prepare for the upcoming 15% requirement.

Don't let non-compliance stall home sales in your neighborhood. Need to update your reserve study or evaluate your current funding model? Request a proposal today! 👇 https://millerdodson.com/services/property-information-form/

08/27/2026

We hope to see you at the Ghertner & Company Annual Trade Show today!

08/26/2026

Basketball, tennis, and pickleball courts are huge selling points for any community, but without routine care, small cracks can quickly lead to costly full-court replacements!

Proper sports court maintenance isn't just about keeping up appearance; it’s about protecting property values, ensuring player safety, and maximizing your reserve funds.

In our latest blog, we break down:
✅ Daily & seasonal upkeep to prevent long-term damage
✅ How to catch minor surface issues before they turn major
✅ Smart long-term budgeting strategies to keep your courts game-ready

Protect your community’s investment before minor wear becomes a major expense. Go to the full blog below 👇

Hard-surfaced sports courts, whether for tennis, pickleball, or basketball, are common components for homeowner happiness.

08/20/2026

Our office will be closed on Friday, August 21st, as our team comes together to support a colleague and their family. We appreciate your understanding and will resume normal business hours on Monday, August 24th, at 9am.

08/20/2026

We hope to see you today at the Central Ohio Chapter CAI Trade Fair!

08/19/2026

08/13/2026

We hope to see you at Booth 46 in Winston-Salem for the Community Associations Institute NC 2026 Annual Conference & Expo today!

08/12/2026

Is your association conflating property insurance valuations with capital budget planning? In community management, confusing an Insurance Appraisal with a Reserve Study creates significant fiduciary exposure.

While both analyze a property's physical assets, their parameters diverge fundamentally. And many regulatory frameworks, including state statutes and lending benchmarks set by agencies like the FHFA, treat these as separate, non-negotiable pillars of risk mitigation.

Read our complete analysis on how to align both assessments for optimal financial health below 👇



Understand why insurance appraisals and reserve studies are not the same but how both vital for your HOA's finances.

08/07/2026

Join Peter Miller via a virtual training session hosted by CAI Southwest Virginia Chapter where he will discuss reserves and the studies used to help you maintain a financially sustainable community.

Peter Miller with Miller Dodson will be teaching a virtual training session for our CAI SWVA members on Tuesday, August 18th at 1:30pm.