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Wednesday, April 29, 2009

Home Owner Associations – good or bad?

In Viera Florida almost all neighborhoods are part of a home owner association. The level of activity varies I am sure but since Viera and nearby Suntree are planned unit developments, they all have a “master association.”

With home owner associations you have rules, restrictions and, sometimes have to jump through hoops!

Some buyers just do not want any of the limitations on their use and enjoyment of their property. I tell folks that even in the cities such as Rockledge and Mellbourne, there is some code enforcement.

Some buyers insist on having the comfort of knowing the neighbors will be restricted on the activity and use. Different developments have differing levels of restriction. (In Florida, as a buyer, you have three days to review the home owner association documents written into the real estate purchase agreement - use them!)

In my brother’s neighborhood (in North Carolina), the rules have changed several times (no more fences, limitations on use of pool, etc). My brother is not one who likes being restricted however it is a decision he made to live with when he moved in.

So, are home owner associations, good or bad? Only you know the answer!

Gary Waters, Florida licensed real estate agent, serving buyers and sellers in the Viera and Suntree areas of Brevard County, Florida.

If you are considering a move to one of Brevard’s 55+ communities such as Heritage Isle, Grand Isle or Indian River Colony Club, call me at 321-693-3850 or email me at Considering new construction in Viera - call me first!

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