![]() | |
![]() | |
![]() |
Real Estate Information |
|
![]() |
Home Owner Association Restrictions - Read Before Buying
Many communities have associations for homeowners, property owners, condo owners, or similar associations. The presence of a homeowners association, also known as "HOA", introduces another layer of rules and regulations to consider when buying a home. Some people love these associations and some hate them. Homeowners' Associations Some associations have very simple rules such as no abandoned, non-working motor vehicles and no grass above ten inches tall are allowed. Others have architectural review boards that must approve your paint scheme before you can repaint your house. I'm serious. I was once looking at a townhouse with a potential buyer, and a neighbor knocked on the door to hand deliver a notice that the door had been painted without permission (it was a deep, wine red). The notice went on to state that the door would have to be returned to its original dark green color or an exception applied for within ten days. Although she liked the townhouse, the potential buyer decided she did not want to live with this sort of micromanagement. Some associations add a significant amount of cost to the home purchase via high monthly, quarterly or annual dues payments. An aggressive association may also attempt to issue levies on homeowners for improvement projects. My husband and I once looked at a penthouse condo on the outer banks of North Carolina. I was reviewing the annual budget for the condo association, and noticed a twelve thousand dollar per unit levy made during the prior year. I asked about it and was told that it "depends upon the 'beach push' situation." Further questioning elicited the information that when hurricanes or severe storms eroded the beach, fresh sand had to be brought in. Not only did it have to be brought in, it had to be pushed up into dunes and the dunes planted with sea oats and grasses! I am all for preserving the environment, but the twelve thousand dollar levy certainly made me nervous. If you are considering a property controlled by an association, watch out for the following: 1. Sometimes associations limit what pets owners may have 2. If the association allows pets, it may limit the hours they can be outside. 3. Parking places may be assigned coupled with an aggressive towing policy. Some associations maintain pools, tennis courts, elevators, trash collection, snow removal, grounds maintenance, provide bus or limo service, concierge service, and in general make life pleasant and trouble free. While these are nice benefits, make sure you are comfortable with the costs associated with them. Look Before You Leap So, as you can see, whether your concern is protecting the value of your investment (no junk cars), maintaining your freedom to choose (you want an eggplant door, a place to park the company truck, and/or to build an addition with a family room and a new kitchen), it's very wise to check out those things which can limit your control and increase the cost of home ownership before you buy. Raynor James is with http://www.fsboamerica.org - providing homes for sale by owner, "FSBO", properties. Are you thinking, "Should I sell my home?" Visit http://www.fsboamerica.org/seller.cfm to sell your home sale for free for one month.
MORE RESOURCES: Finance Guru Dave Ramsey Built This Lavish Tennessee Estate—Now It's Back on the Market for $15 Million Realtor.com Blackstone Executive Wesley LePatner Died in NYC Shooting Business Insider Slain Blackstone executive was a real estate powerhouse Crain's New York Business CoStar sues Zillow over photos, claims ‘systematic infringement’ Real Estate News by RealEstateNews.com VHT Studios shutdown has real estate firms rushing to fill the void Crain's Chicago Business Real estate: Home prices climb in Martin, Indian River counties; fall in St. Lucie County Treasure Coast News Real Estate Investment Trusts Score Legislative Wins Forvis Mazars US Seattle-area real estate startup Flyhomes raises $15M as it pivots to 'Buy Before You Sell' model GeekWire After 30 years, Linda A. Gary Real Estate moves office from prominent Worth Avenue corner Palm Beach Daily News Brokerage Growth Dominated by New Models Mike DelPrete - Real Estate Tech Strategist Central Pa. real estate company expands to Georgia Central Penn Business Journal New bill aims for stricter penalties against real estate brokers who violate housing discrimination laws The Bay State Banner Fed resists pressure to lower rates at July meeting Real Estate News by RealEstateNews.com The market is changing — and the industry's old rules are outdated Real Estate News by RealEstateNews.com SRS Real Estate Partners Arranges $7.5 Million Ground Lease Sale of Wawa in Jackson Township, NJ citybiz Big Moves in Tucson: KMS Realty Merges with United Real Estate Specialists to Expand Services and Reach Morningstar Atlanta real estate mogul, former Hawks owner Tom Cousins dies at 93 Atlanta News First Real estate: Condo prices rise in Indian River County; fall in Martin, St. Lucie counties Treasure Coast News AI that replaces ‘human hires’; another brokerage deal for Canva Real Estate News by RealEstateNews.com I-78/I-81 Corridor commercial real estate activity picking up Lehigh Valley Business Mortgage Rates Today: The States Offering Lowest Rates – July 30, 2025 Norada Real Estate Investments CREFC Sentiment Index Surges in Q2 2025, Signaling Rebound in CRE Market Optimism Boston Real Estate Times Aperture Global Real Estate Announces Partnership With Rechat to Power the Next Era of Luxury Real Estate Business Wire Jersey County property sales recorded July 21-25 Alton Telegraph NAR Pending Home Sales Report Shows 0.8% Decrease in June National Association of REALTORS® Troy Furbay has been appointed Managing Director, Hospitality at Crescent Real Estate LLC Hospitality Net 10 metro Detroit suburbs where homebuyers can still find a deal Detroit Free Press Mortgage Rates Predictions for the Next 90 Days: August to October 2025 Norada Real Estate Investments Real estate giant Blackstone caught in crossfire after top executive Wesley LePatner killed in NYC shootin The Economic Times Richland County property transfers recorded July 21-24 Mansfield News Journal Delaware June home sales stronger than national numbers; median sold price at record high The News Journal US industrial real estate investor Terreno sells $82m portfolio IPE Real Assets Pacific Development and PGIM Real Estate Land $97 Million Construction Loan for Landmark Mixed-Housing Project in Santa Rosa Yahoo Finance ‘Walking beside him’: Daughter continues stepfather’s real estate dream Mountain Home Observer Top residential real estate sales for July 14-18 in Longboat, Lido, St. Armands, Bird Key Your Observer Judge sides with LGBTQ+ Alliance in battle with ex-CEO Real Estate News by RealEstateNews.com Double digit price increases for Putnam real estate Mid Hudson News Remote Bookkeeping Services from IBN Technologies improves U.S. Real Estate Firms Financial Oversight Barchart.com News | Bank of Canada decision to hold overnight rate steady keeps real estate industry waiting CoStar Real Estate Expert Jody Wainio of Buyers Choice Realty Shares Advice on Mortgage Pre-Approvals in HelloNation GlobeNewswire Real estate transfers: 7/30 Toledo Blade Professional Services Automation Simplifies Real Estate Workflows with Help from IBN Technologies openPR.com The real estate market: 5 key themes to watch this week Real Estate News by RealEstateNews.com Universities leverage their real estate amid financial shortfalls and demographic cliff The Business Journals Pacific Development and PGIM Real Estate Land $97 Million Construction Loan for Landmark Mixed-Housing Project in Santa Rosa Business Wire News | UK commercial real estate investment slips slightly to £10 billion in second quarter - CoStar Christie’s Debuts Crypto Real Estate Division The New York Times A Market in Motion: Rethinking Real Estate Horizons in Turkey Modern Diplomacy |
![]() |
![]() |
![]() |
RELATED ARTICLES
Real Estate Investing - Finding Cheap Houses Real estate investing expertise can certainly accommodate the luxury home market. In some ways, the upper end of the housing marketplace produces easier success than the lower end. Real Estate Marketing, Do You Use Direct Mail? Prospecting for leads is by far the most difficult part of being a Realtor or small business professional. In fact, lead development is by far the most expensive and time consuming aspect of your job. Business Credit Card Dirty Tricks My system teaches people that the proper useof credit is the fastest way to speed up your profits in real estate investing.And you can use this system no matter what your own credit score is. Finding, Fixing, Financing, and Flipping - The Short Course Most people get involved in Real Estate investing to make money.Pretty self-evident - or, is it?What would you say if I told you that everything you have been taught about Real Estate investing and making money "rehabbing" your real estate investments is wrong?Well, at least, much of it!Let's take a look at something that all too many people don't think about in their real estate investing - something that seems to be a secret formula to bringing in the most cash from your real estate investments. Real Estate Investments Real estate investments come through a variety of different options. However, whether it is a vacation property, a first home, an early retirement house, or a rental property that you find appealing, real estate investments are all the rage, and are quickly becoming one of the safest investments available, especially in our less-than-perfect economy. Top Tips for Buying and Selling a Home BuyersLooking for a home-Use Internet for overview of properties, communities, and schools.-Visit potential neighborhoods at different times of day. Buying A Holiday Home in Rural Ireland Ireland has recently witnessed an upsurge in the number of investors buying holiday homes in some of the country's most scenic areas. With stars like Jeremy Irons and Daniel Day-Lewis popping up in the quaint villages of West Cork, prices in many of these areas are at a premium. The Perils of the Property Ladder: Has Anyone Noticed the Silence? There was a time when every conversation was focussed on property and every other TV programme was about property makeovers. Everybody wanted to get into property and those already on the ladder seemed fixated on becoming wealthy overnight. Using Transformation Psychology to Sell Investment Properties Satisfying and lucrative real estate investment depends upon your correct assessment of profit potential, of course, but your ultimate success depends on your ability to transform a doghouse into a dollhouse. The renovation process involves physical work and choosing the best supplies, in order to create maximum positive emotional effect and profits. Fantasy Gap [fast money in real estate] I was in the rental business for seven-years, made 1.3 million dollars the first five years, got ill, and had to get out of it slowly, but had the money to do it. A Log Home Story Solving problems while maximizing valuesThis story has a few good lessons and observations that no doubt can be used by you to take advantage of hidden opportunities that often lie in plain view for all to see, however, most people have not been trained or instructed on how to recognize or find them.The following true story begins with a classic log home package, engineered, manufactured, approved and delivered for use in Alaska. Boston Real Estate - You Still Have Considerable Control Over the Sale of Your Boston Home Boston real estate is a hot topic. Daily newspaper articles comment on whether or not a bubble exists in the Boston real estate market, when and if it will pop, how interest rates affect the market, why Boston residents are snapping up interest-only loans, and how foreign investors in our treasuries keep interest rates low. Why Use a Property Manager? Most experienced property investors use property managers. Why? Because they make you money. How To Find An Experienced Monticello Illinois Realtor Finding a professional Monticello Realtor in Illinois is thebest way to find the perfect property or home. A licensedrealtor can assist you in locating the type of property youwant in the price range you desire. Cutting Edge Real Estate: Is There Anything New? Part 1 The world of real estate has pretty much stayed the same for decades. It's no different today than it was 50 years ago. Finding the Right Buy to Let Mortgage for Your Investment Property Finding the right buy to let mortgage is crucial to your success as a property investor. Unlike other forms of investment, a lot of the money you put into a buy-to-let property is likely to be borrowed. Home Owner Association Restrictions - Read Before Buying Many communities have associations for homeowners, property owners, condo owners, or similar associations. The presence of a homeowners association, also known as "HOA", introduces another layer of rules and regulations to consider when buying a home. Should You Use a Property Management Company or Manage Your Real Estate Investment in Florida? When considering investment properties, first of all, it must be determined that it is profitable and a good idea to purchase rental properties. Let's talk about this aspect. Juggling The Day With A Deal Doing deals with sellers is why you went into lease purchasing. Again, using organization and time management is very important here. Real Estate Investing - Basis Explained Our complex IRS code requires that your, as a real estate investor,accurately calculate your "basis" in investment property when reportinga gain or loss on a tax return.Your monetary gain or loss when you sell investment property is determined by comparing the sale price to the adjusted basis in the property. ![]() |
home | site map |
© 2006 TIGER MEDIA |