subject: Mesa Homeowners Associations And The Fees They Charge [print this page] Have you ever noticed some of those beautifully landscaped subdivisions? Have you ever wondered why there are communities that seem to be so much quieter than others? Do you find yourself suddenly noticing some terrific amenities like swimming pools, club houses, or other facilities for different recreational activities in other neighborhoods? A lot of people are able to enjoy this type of lifestyle due to their management by a Homeowners Association.
That's the reason you need to check out various communities and their CC&Rs before you choose to buy a home there. You want to make sure you are okay with the rules on what you will be allowed to do on your own property. If you know that you don't deal well with restrictions set by other people, you might want to locate a planned community without really strict CC&Rs that are imposed by the Homeowners Association.
How much the HOA fees will be is contingent upon the number and kind of features they manage. The fees that are submitted on a scheduled basis are meant for street maintenance, street lights, ponds, and other aspects of the area requiring maintenance. The fees might also be needed to take care of the activity spaces such as the clubhouses and sporting areas, which are usually only for the use of members.
You may find some of the newer subdivisions will have lower fees in the beginning because the developer is handling the HOA. Once the community begins to grow with new homeowners moving in, the HOA duties will be handed over to them. At that point there will probably be an increase in the HOA fees. The HOA can also set up penalties or fines that will be imposed if rules are broken.
Suggestions for People Who Own Houses
The purpose of the Homeowners Associate is to help protect both your interest and value of your property. And you'll find that most of the quality neighborhoods have a HOA. That's why it's important to learn about each community's HOA before you decide to buy there. You'll need to decide if their fees, and the rules concerning increases, are affordable for you. It's important that you read through them carefully, as you'll be required to follow them once you have moved in.
