At Pacific Crest Reserves, we help condominium and homeowner associations throughout the Pacific Northwest navigate the long-term financial and physical needs of their communities. Reserve studies are a critical planning tool—yet we regularly see well-intentioned boards make decisions based on common misconceptions that create major financial and maintenance hurdles down the road. Here are the [...]
When a pipe fails, Boards often reflexively point the finger at the unit owner to protect the Association's budget. However, in Washington, determining liability for a $50,000 deductible requires a much higher burden of proof than simply "it happened in your unit." The Burden of Proof for Negligence To legally shift the cost of a [...]
In the unique climate of the Pacific Northwest, where moss grows on everything and the rain never truly stops, "maintenance" is a year-round battle. For many Washington State associations, the debate between utilizing a volunteer workforce versus hiring professional contractors is a constant struggle between saving money and managing risk. While we applaud many associations [...]
Protecting Your Community and Budget from the PNW Freeze We have had a mild winter so far but as the Pacific Northwest experiences more frequent and severe "Arctic Outflow" events, condominium associations from Anacortes to Blaine must prioritize winterization to safeguard their physical and financial health. A single burst pipe in a shared wall can [...]
For condominium and homeowners associations, strategic winter planning is crucial, especially when budgeting for services like snow removal. Tools like the Farmers' Almanac, with its long history of weather predictions, can offer valuable insights. This past winter, the Almanac forecasted a "wet and cold" season for the Pacific Northwest, influenced by La Niña, predicting a [...]
Homeowners Insurance vs. Condominium or Homeowners Association Insurance in the Pacific Northwest While both homeowners insurance and COA / HOA insurance offer crucial protection, they cover different things. Homeowners insurance safeguards your individual property and belongings, while association insurance protects the shared property and liability of the homeowners association. Understanding this distinction is especially important [...]
Protecting Your Community: A Guide to Effective Drainage in the Pacific Northwest for HOA Boards The Pacific Northwest's lush environment is also known for its abundant rainfall. This makes effective drainage a critical concern for Condominium and Homeowners Associations (COAs / HOAs). Poor drainage can lead to costly property damage, including foundation issues, basement flooding, [...]
Recently I saw headlines that Florida is seeing new problems with condominiums sinking. Condominium owners in Washington State should be aware that this is not just a Florida problem but the potential is nationwide. There are two reasons for this: first the increasing risks associated with land subsidence and rising water levels due to climate [...]
I have talked to many board members over the years and I get a sense that they don't believe we will have a condominium collapse here in the Pacific Northwest. In our area we do have conditions similar to Florida. We have buildings from the 50's and 60's that were built on the waterfront. The [...]
Insurance is a crucial component of condominium living in Washington State. However, in recent years, the cost of insurance for condo associations has surged dramatically, becoming a significant budgetary concern. This trend mirrors a broader industry shift known as a "hard market," characterized by reduced insurance availability, higher premiums, and more stringent underwriting standards. While [...]
