Cape Coral Short Sale Expert

 Pictured is a Bank Owned Home located in the gated community of Stoneybrooke in Fort Myers Florida

Fort Myers Florida Real Estate written by Joe Kendall Broker Associate with Sandals Realty. Many people when looking to buy a home in a gated community make a mistake by not researching the Home Ownership Associations ( HOA ) before starting their home search. I always suggest as a new home buyer here in Southwest Florida you read up and understand whats services are included and what services are offered and the lifestyle of each home Community. I have listed below the definitions of Florida Home Owners Associations and their meaning below.

Condominium Association (Condo) - When you own a condo it's typically located in a building with several other units and home owners. Condo ownership everyone shares in the ownership of the common areas The common areas, for example, include the structure of your particular unit, each building, club house and pool !

 

All owners of a condo are members of the condo association and pay a condo association fees. The fee typically includes money for repair and maintenance, ( reserves for major capital expenditures!  very important and not all associations do this !), structure of the building and liability insurance for the common areas of the complete development.

 

The condo owner purchases (condo-owner's content insurance ) The cost for these is typically very low especially when compared to a homeowner's policy. When comparing monthly costs be sure include the cost for insurance plus the condo fee.

 

Home Owners Association (HOA) - is formed to manage a group of single family homes. HOA fees are levied to run the corporation and pay for items like common area maintenance, capital maintenance (e.g. club house or pool), The fees can include the exterior maintenance of lawns and landscaped areas.

 

Master Homeowners Association (Master HOA) - Master  Owners Association as the corporation formed will usually own, through deed, property that is common to a development where there are one or more HOAs and/or condos. 

 

it's always wise to work with a real estate professional when visiting these types of ownerships so you understand all the lifestyle arrangements in place in the different communities. I have listed many of the associations websites below. I am sure you will find this information helpful

Here is a list of HOA Associations websites

Bristol Park Bristol Park HOA Information

Callaway Greens  Callaway Greens HOA Information

Cypress Cay     Cypreee Cay HOA Information

Cypress Pointe    Cypress Pointe HOA Information

Daniels Preserve  Daniels Preserve HOA Information

Gateway Golf and Country Club Gateway Golf And Country Club HOA Information

Gateway Greens Gateway Greens HOA Information

Hidden Links   Hidden Links HOA Information

Magnolia Lakes  Magnolia Lakes HOA Information

StoneyBrooke at Gatway  Stoneybrooke HOA Information

 

If you would like a list of homes for sale in anyone of these gated communities? Please feel free to email yoiur request by clicking here  

I look forward to talking with you about your interest in the  Gateway Comminities located in Fort Myers Florida.