Phoenix Homes for Sale Home > Gilbert Luxury Homes
Beware Snakes on the Plain When Buying Luxury Homes In Gilbert, Arizona
Do You and Your Neighbor Want to Change the Color of
the Paint On Your Gilbert, AZ Luxury Homes? … Well Not So Fast!
Many of the townhouses, condos, and homes built within the last 30 years are likely ruled by a home owners association. Or HOA for short. This would include many Gilbert, AZ luxury homes.
|
|
While you can't be thrown in jail, you are subject to the home owner association's rules. Violate their rules and you can be fined. Fail to pay the fines and a lien can be put on your house. Fail to pay that and real estate foreclosure action is sure to follow. Which is not a good thing to happen to any of the luxury homes in Gilbert Arizona let me tell you. One way or the other the HOA can make your life miserable. Making you feel you're living in a former Soviet block country. Compete with secret police who report your every move. And believe it or not Gilbert luxury homes are not immune or exempt from the whims of an over the top HOA. No matter how much you paid. |
Read the handbook and it probably won't take much to find dumb regulations. Or to uncover some down right silly rules.
Like where you can stow your trash.
Or how the yard of Gilbert, Arizona luxury homes is to be maintained.
What modifications you can make to your house, including the color.
To what yard signs you may display in the front yard of your property.
Horror stories abound.
One home owner got into hot water with their homeowners association over flying the American flag!
Another had a yard sign association members didn't like. So they fined him.
If you dig deep enough into the rule book, you'll find they have the power to fine you each day (not to mention charge exorbitant attorney fees) for any perceived deed-restriction violations. Things like not getting permission to plant flowers. Or as I mentioned painting your house a color not in the approved color palette. Or having the wrong kind of fence or one that's an inch too tall.
And let's not forget special assessments.
Homeowner associations are portrayed as a way to maintain the value of the Gilbert, AZ luxury homes. Which may be true. But they can also be a pain in the neck.
Word to the wise. Know what you're getting into before you buy any of the Gilbert luxury homes on the market.
|
|
All Rights Reserved 2006