Buying a home is no joke. You need to look into a lot of things before going forward. Even if everything seems perfect, you still need to do some homework. One of the things you should look at is a homeowners association. Better yet, get some help from the real estate professionals to make sure you’ve got everything you need.
The real estate experts at 55Next are the best folks to help you out. They specialize in 55+ communities. So, if you’re in search of a 55+ community in the Ocala area, then it’s best to get with them now. You can call them at 352-244-8977.
The 55 Next real estate experts will make sure that you got everything covered. One of the things they can help you out with is to understand the homeowner’s association if there is any.
Yes, not all communities have a homeowner’s association. The same thing goes with 55+ communities. Not all of them have this particular organization. However, one 55+ community that boasts a homeowner’s association is Marion Landing.
One of the many things Marion Landing takes pride in is their homeowner’s association. As a future homeowner in this particular 55+ community, there is one question that should be answered. Is it worth it?
The Homeowners Association of Marion Landing is Well-Established
As previously mentioned, not all communities have an organization such as a homeowner’s association. If you do come across a community that has one, then it’s best to know what it is first.
According to Corporatefinanceinstitute.com, a homeowner’s association governs the community. It’s an organization that provides rules and regulations to enforce on a property within a community. One of the most common goals of a homeowner’s association is to provide uniformity.
One of the many advantages of a homeowner’s association is that it increases the value of your property. This is according to Personalfinancenews.com. The rules and regulations of the homeowner’s association are for the protection of the properties in the community.
However, not all homeowner’s associations are equal. This means that you shouldn’t take some time to look into the homeowner’s association. While it does have its benefits, you have to check the legitimacy of the association. For starters, it has to be incorporated.
Hence, it is the reason why you need the help of the professional real estate team of 55 Next. They can help you understand the homeowner’s association.
The one thing about the homeowner’s association of Marion Landing is that it’s well-established. This particular 55+ community was built sometime in the 80s. It was completed in 2004. Suffice it to say, it’s not exactly a new 55+ community. It has been around for years.
Considering how long this particular 55+ community has been up, it’s safe to say that its homeowner’s association is well-established. The low-maintenance lifestyle of this particular 55+ community is partly due to its solid homeowner’s association. This lures a lot of potential home buyers to Marion Landing.
When a community or an apartment building has a homeowner’s association, prepare to pay a monthly fee. Needless to say, you need to know how much it’s going to cost you. That way, you can incorporate it into your monthly budget.
The homeowner’s association fees vary from one community to another. In the case of Marion Landing, the monthly fee is about 127 dollars a month. This amount has increased over the years. It was a lot lower a few years back.
The question is, is this a reasonable amount? According to Realtor.com, a reasonable homeowner’s association fee for a single-family home unit is between two hundred to three hundred dollars a month.
Keep in mind that Marion Landing features single-family home units. Considering that it only offers a limited number of home units, the amount of 127 dollars per month is more than reasonable enough for the homeowner.
With just 600 single-family home units in Marion Landing, it would make more sense for the homeowner’s association to seek a higher amount for the monthly dues. However, it doesn’t. Despite the increase, it’s still a lot lower than the expected amount for a single-family home unit.
The homeowner’s association fee of Marion Landing is definitely a lot more affordable as compared to the others. For such a reasonable amount, you don’t have to worry about repairs and maintenance of your home and other shared facilities in the community.
One good look at the Marion Landing community, it’s easy to see how solid the homeowner’s association is. Of course, it’s a lot better to see it for yourself. The real estate experts at 55Next are more than willing to show you how well-maintained the homes are in the Marion Landing community.
The monthly dues of the homeowner’s association of Marion Landing not only takes care of the maintenance of the home exterior. It also takes care of the shared areas within the community.
There’s no doubt that the residents of Marion Landing are spared from having to worry about the upkeep of the exterior of their homes. That’s means a lot for its residents, considering they’re seniors. So, if you’re looking for a low-maintenance home in a 55+ community, then it’s worth looking into Marion Landing.
The wide coverage of the homeowners association is one of the many reasons why this particular 55+ community has been well-maintained over the years. Residents need not worry about sewers and trash pick-up.
There’s no doubt about the maintenance of the amenities in the community since the homeowners association dues cover them as well. It’s safe to say that the monthly dues that are required by the homeowner’s association of Marion Landing go a long, long way. For such an affordable amount, the residents need not worry about a lot of things like maintenance of their lawns and other shared areas in the community.
So, is the homeowner’s association of Marion Landing worth it? It definitely is. See for yourself how the homeowner’s association works to make the Marion Landing a great 55+ community. Connect with the real estate experts at 55Next or better yet, call them now at 352-244-8977. Keep in mind that the homes in Marion Landing are limited only to 600 units.