01/28/2025 Update on Townhome Roof Repairs

From the Board of Directors:

We hope this message finds you well. As part of our ongoing commitment to keeping you informed, we want to provide an update on the recent developments regarding the roof repairs for the townhome buildings.

Insurance Findings:
On January 8, 2025, the HOA received feedback from our insurance provider regarding the roof damage claim. Unfortunately, the claim did not meet the deductible threshold, meaning the cost of the repairs will be the HOA’s responsibility.

Repair Quotes:
Since receiving the insurance feedback, the Board has obtained quotes from two companies:

1. AmeriPro Roofing – This is the company that worked with the insurance provider during the assessment. However, they specialize in full roof replacements and only use architectural shingles.
2. Carolina Roof Consultants – This is a company we previously worked with in 2022 for roof replacements. They offer both repairs and replacements, and they are able to work with three-tab shingles, which match the current roofing material.

Cost Analysis:
The price difference between using architectural shingles for a full replacement versus three-tab shingles for a repair across the three affected buildings (14 units) is approximately $35,000.

Next Steps:
The Board is actively reviewing the HOA’s reserves and available funds to determine the most practical and cost-effective solution for the community. This matter was discussed during the January Board meeting, which is available for viewing at the following link: January Board Meeting Recording.

Future Updates:
Once a decision is made, an update will be posted on the Almond Glen website. We appreciate your patience and understanding as we work to ensure the best outcome for our community.

Thank you for your attention to this matter, and please don’t hesitate to reach out if you have any questions.

Sincerely,
The Almond Glen Board of Directors
Almond Glen Owners Association, Inc.