Wednesday, June 25, 2008

Condominium and Homeowners Associations

Regenesis.net - Condominium and Homeowners Associations

Comments

Hi Danielle!

Well, since our HOA in Rancho Sahuarita is out-sourced to a property management company (Lewis Management), a more appropiate question may be,"How do you feel about Lewis Management?"
Unfortunately, this is a public forum so I will refrain from telling you how I really feel! LOL....

James Mulkins 120 weeks ago

Danielle,

I will be honest Danielle, I know we pay our dues to them, but frankly I have no idea what they exactly do or where our money goes. I wanted to know if they have a newsletter or meetings so that we know better about Rancho Sahuarita HOA. For now, for me it is just a phantom that eats my money.

Mona Darwich-Gatto 120 weeks ago

Well, your HOA dues pay for the clubhouse (and the gym) and the waterpark and the upkeep of the lake.

Sean Kay 120 weeks ago

Thanks Sean!

I thought that was included in the mortgage..., so nothing else is included?

Mona Darwich-Gatto 120 weeks ago

Buying into any HOA can be a "buyer beware" proposition.
Rancho Sahuarita appears to be a major HOA with several smaller sub associations all participating in it. It has fantastic recreation amenities and the present cost for using these is quite reasonable.
However, there seems to be major delay in the development of the proposed golf course and some of the early residents are wondering if the golf course will ever be an actuality.
Others are concerned that renters may have better access to the amenities than family visitors of actual owners.
Some questions arise as to the awareness of the buyers as to their ultimate responsibility for managing and financially supporting the great rec facilities once the developer moves out. There is some question as to whether the present monthly fees might be low ball figures.
As with any HOA, it is important that the prospective buyer read the CC&Rs, the rules and regs that govern the HOA, and perhaps even more importantly talk to residents who have been there at least one year.
If feasible, rent there for several months or a year before actually buying. Right now it may be a buyers market and you might be well advised not to move too quickly.
-- georgia hotton

georgia hotton 120 weeks ago

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