Five-year reserve planning My HOA Budget

Bear, Delaware homeowners association

Unclaimed profile

Forest Glen Ii

Forest Glen Ii is a homeowners association in Bear, Delaware. This profile tracks monthly dues $23/mo, 160 units, built in 1997, managed by ASPEN PROPERTY MANAGEMENT, reserve study status not yet verified, along with...

single-family Public records Reserve health: Unknown Browse Bear communities Delaware reserve laws

Profile 56% complete — source gaps remain

HOA dues, reserve study, and community facts

Units 160
Year built 1997
Monthly dues $23/mo
Reserve health Unknown
Management ASPEN PROPERTY MANAGEMENT
Active listings 1
Median sale price $290K

Amenities

No amenities are listed in the cited sources.

Board and management

No board roster is listed in the cited sources.

Reserve study and funding

We do not have reserve study details on record for Forest Glen Ii. Review the editable example below before treating any forecast as community-specific.

Review editable example

5-year outlook

What changes this five-year example?

Special assessments can run into thousands per unit when major work outruns reserves. This starts with the known numeric values listed below, then lets you change every example before relying on the result for Forest Glen Ii.

Reserve-health labels, year built, and Delaware law summaries are not used to change the solver numbers.

Editable assessment example Adjustable dues increases Five-year reserve projection
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Known values applied: unitCount -> unit count; duesRange lower bound -> annual dues revenue.

Editable examples, not community facts: starting reserve: editable example scaled from unit count at $15k/unit; annual operating expense: editable example scaled from annual revenue at 84%.

Local calculator

Five-year reserve projection from reviewed numbers

Start with the example, enter figures by hand, or review local files before applying values. Nothing here is uploaded or saved by MHB. This example is not a reserve study, a funding-sufficiency conclusion, or an assessment prediction.

5-year ending reserve$947KBelow example target

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Review documents or enter the same values by hand.

Files are read only in this browser, are not uploaded, and are not stored by MHB.

Scenario figures can be entered manually or read from local files.

Budget

Dues revenue, operating expense, and unit count.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Reserve study

Starting reserve balance and scheduled capital work.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Assessment history

Assessment amount and projected year.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Enter figures manually

These whole-number fields match the document review fields. Changing them recomputes the projection immediately.

$0EXAMPLE TARGET - $1.0M202620272028202920302031$947K
Projection text equivalent
YearReserve balance
2026$2.40M
2027$2.26M
2028$1.97M
2029$1.38M
2030$1.09M
2031$947K
5%
4%

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Copy and CSV exports use reviewed numbers and caveats. The share link keeps only numeric controls.

Current ending balance$947K
Current lowest balance$947K2031
Ending deltaSave baseline

Save the current case before changing controls to compare ending balance, lowest balance, and yearly deltas.

Fields: manual entry fields; ending delta: 0; lowest delta: 0

Save a baseline before exact totals can be included. Until then, the handoff contains only field names and zero comparison bands for the current scenario.

Board member next stepTurn this scenario into a board-ready next step.

Send the reserve-planning context and keep the follow-up focused on board decisions.

Plan our next five years

About Forest Glen Ii

Forest Glen Ii is a 160-home single-family community in Bear, Delaware, built in 1997. The community maintains an official HOA website and public management contact through Aspen Property Management.

What we know

  • Property type: Single Family
  • Units: 160
  • Year built: 1997
  • Monthly dues: $23/mo
  • Address: 602 Heatherfield Dr, Bear, DE, 19701
  • Active listings: 1 as of April 2026
  • Median sale price: $290K
  • Management company: ASPEN PROPERTY MANAGEMENT
  • Website: Forest Glen II HOA

Reserve health

Reserve health hasn’t been verified for Forest Glen Ii yet. Before you approve a budget, pay a special assessment, or close on a unit here, Delaware law defines exactly what reserve records a HOA must keep and what owners can request — see Delaware HOA reserve funding rules.

What’s still missing

  • Amenities
  • Board roster
  • Reserve data

Verification note

This profile is based on the sources named in its profile footer. It has not been board-verified; confirm material facts directly with the association.

Delaware laws that apply here

Board meeting notice

Delaware HOA and condo board meeting notice rules, in plain language

How Delaware's Uniform Common Interest Ownership Act handles board meeting notice for all community types — a 10–60-day statutory window, mandatory quarterly meetings, open meetings after developer turnover, and a 60-day window to challenge improperly noticed actions.

Del. Code tit. 25, § 81-308A — Delaware Uniform Common Interest Ownership Act, executive board meetings Reserve funding

Delaware condo reserve funding rules, in plain language

How Delaware's Uniform Common Interest Ownership Act and legacy Unit Property Act handle condominium reserves — with minimum-percentage budget allocations, a reserve-study framework, and phase-in timelines for older communities — and what that means for a condo board, owner, or buyer.

25 Del. C. ch. 81 — Delaware Uniform Common Interest Ownership Act (§§ 81-103, 81-315, 81-324); 25 Del. C. ch. 22 — Unit Property Act (§§ 2244–2246) Reserve funding

Delaware HOA reserve funding rules, in plain language

How Delaware's Uniform Common Interest Ownership Act and legacy Unit Property Act actually handle reserves — with an explicit repair-and-replacement reserve definition, a five-year reserve-study concept, and minimum-percentage allocations for some condos — and what that means for a board, owner, or buyer.

25 Del. C. ch. 81 — Delaware Uniform Common Interest Ownership Act (subchapter III: management, including §§ 81-315 and 81-324); 25 Del. C. ch. 22 — Unit Property Act (subchapter VIII)

Profile verification status

This profile has not been claimed or verified by the board or property manager. Treat missing details as unknown, and confirm important facts directly with the association before relying on them.

Next step

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