Massingham & Associates Management, Inc. Announces a Collaborating Partnership With ReservesPlus

Hayward, CA (PRWEB) October 19, 2004

Massingham & Associates Management, Inc., one of Northern California’s leading Community Association Management Companies, announced today a collaborating partnership with ReservesPlus.

“By entering into this collaboration, we now can provide the community associations we manage consistent information about the state of their reserve funding,” said Sharon Massingham, founder and President of Massingham & Associates. “Associations previously had no tools to manage their reserve funds, yet reserve funding can amount to upward of fifty percent of an association’s budget.”

The collaboration comes in response to the growing demand by homeowner associations for better management tools for community association’s reserve components. Recently, the California State Legislature took up the need for additional financial disclosures for the reserve components in the form of Assembly Bill 2718.

ReservesPlus is a new program of sophisticated reserve and asset management. Beyond the unprecedented variety and detail offered in their reports, the key to this new service is that their reports are now generated by a maintained database rather than a yearly consultation or compiled paper study. As a result, Massingham & Associates investment in information technology will greatly upgrade communication with their customers and ensure quality oversight of property assets now and far into the future. This type of attention to current detail combined with effective long-range planning is critical to mature communities.

Massingham & Associates specializes in the management of community homeowners associations, providing complete, professional guidance for homeowners associations since 1985. Their philosophy of community association management is to provide quality and professional service while catering to the unique and individual needs of each community.

Their mission is “To provide unequaled customer service, value and professional expertise in managing common interest developments.” This alliance with ReservesPlus is a continuation of that effort.

Massingham and Associates is a member of the Select Group of Real Estate Companies which include: CENTURY 21 Select Real Estate, Inc., with offices in Yuba City, Roseville, Lincoln, Sacramento, Gridley, Oregon House and Paradise, CENTURY 21 Jeffries Lydon, CENTURY 21 Auburn Realty, CENTURY 21 Commercial Division, ERA Realty Center, with offices in Folsom, El Dorado Hills, Cameron Park, Placerville and Pollock Pines. the Sacramento Valley Relocation Alliance, Select Property Management, Inc. with offices in Cameron Park, Roseville, Yuba City, Hayward and Pollock Pines and Common Interest Management.

FOR ADDITIONAL INFORMATION

Sharon Massingham

http://www.massingham.com
Sharonm@massingham.com

510-780-8507

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