Tucson Homeowner Associations – Are They Friends or Foes
FAQ’s And Answers About Tucson HOA’s
A Homeowners Associations (HOA’s) can be an important part of any subdivision and community. Yet many people don’t understand exactly what a Tucson HOA is or why they exist.
A real estate developer will create a Tucson HOA to manage the community as it is being built.
The developer will manage the HOA from the beginning of the project. When the community is close to completion, the developer will turn the management of the HOA over to the homeowners.
The HOA’s enforces restrictions in the CC&R’s (covenants, conditions, and restrictions) and maintains the amenities of the community. They are written to ensure consistency throughout the community.
For example, paint colors homeowners can use and what types of plants they can have.
The actions of Tucson HOA’s are intended to add value to a homeowner’s investment. But to some individuals they may also present potential problems.
If you are considering a home in a Tucson HOA, take the time to understand all the restrictions and limitations it has on the homeowners.
Advantages Of a Tucson HOA
One advantage of living in a community with a HOA is that it helps to maintain property values.
All Tucson HOA’s have their own set of covenants, conditions, and restrictions. Referred to as the CC&R’s.
These guidelines may include items such as front yard plantings, exterior paint colors, and front door color.
The intent of the guidelines is to make the community more attractive. Another result is to add value to the homes in community.
Studies have shown owning a home in an HOA adds 10-15 percent to the value of homes.
On balance, being in an HOA can be a great benefit to the community.
Disadvantages Of a Tucson HOA
One comment we hear from clients is that an HOA increases the cost of home ownership. It is true, the HOA’s dues and fees are an added cost to a homeowner.
In many communities the HOA might select a specific service provider for everyone. For example, lawn care or garbage pickup.
While this can reduce the costs for everyone, it eliminates a homeowner’s choice.
HOA’s also create a uniformity among neighborhoods and homes.
That means an individual homeowner cannot “customize” the exterior of their home. The HOA will have a standard pallet for home colors to choose from. So, there are choices, but not outside the color pallet.
Additionally, many HOA’s have restrictions when it comes to pets. Specifying the number and types of animals you can keep on the property.
There may also be restrictions on how you can use your home. For instance, you may not be able to run a business from your home when clients visit.
Questions About Tucson HOAs
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Conclusion
The bottom line is that a Tucson HOA will have both advantages and disadvantages for residents. The choice to have, or not have, an HOA will be part of your home buying process. We always take the time to address our clients concerns about buying a home with a Homeowner Association!
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