Tips For Buying a Home in a Gated Community
Nothing is quite as thrilling as buying a new home. Before starting this process, making a list of what features and amenities you want a new home to have is crucial. If you are looking for an increased amount of safety and convenience, then buying a residence in a gated community is a good idea.
Over 60 million Americans currently live in gated communities. Most home buyers are surprised to learn just how many gated communities there are. Allowing a seasoned real estate professional to weigh in on which gated communities in your area re the best is vital. Here are some of the things you should consider when buying a home in a gated community.
Check the Common Areas in the Community
Rushing through the home selection process can lead to a case of buyer’s remorse in the future. This is why taking your time to weigh all of your options is a wise idea. Visiting each of the gated communities in your area can provide you with lots of helpful information.
When visiting these communities, be sure to check the common areas it has. These areas generally include the roads going into and out of the community, the gates and any landscaping around the entrance. If it appears either of these elements are in a state of disarray, you may need to avoid buying a home in the community. If these areas are not being maintained, the chances of other problems exist is relatively high.
Consider the Community’s Financial Security
Ideally, you want to choose a gated community that is relatively established. By doing this, you can avoid headaches in the future. New gated communities often go bankrupt, which means the security, maintenance and amenities being offered with cease to exist.
Working with an experienced real estate agent, you can get some guidance regarding which gated communities are the best fit for your needs. Going online and looking at some reviews of the various gated communities in your area is also a good idea. When visiting these communities, you also need to speak with the current residents to get their take on life in this area.
The Homeowner Association Dues
Creating a firm budget is one of the first things a home buyer needs to do. If you buy a home in a gated community, you will probably have to join a homeowner’s association. These associations will generally collect dues and will also have strict standards regarding the appearance of a home’s exterior. Getting more information about what the dues in a community are is imperative. Having this information will help you set an accurate budget before purchasing a home in a gated community.
The Help of an Experienced Real Estate Agent
If you are in the process of trying to find a home, getting help for an experienced real estate agent. For years, Tammy Perry has helped buyers in Oklahoma find their dream homes. Contact her now to find out how she can help you find the best gated community to fit your needs.