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Planned Community Living

July 20, 2012

There a lot of advantages to buying a home in a planned community, but before you finalize the deal, make sure that you understand the owners’ association rules, and “CC & Rs,” which stand for Conditions, Covenants, and Restrictions.
CC & Rs can cover a wide range of subjects, including the color you are allowed to paint the outside of your home, whether campers and boats can be parked in your driveway, where you can walk your dog, the height of your building and sometimes even the kind of shrubs or flowers you may plant.
Such restrictions are attractive to many homeowners because they don’t have to worry about their neighbors making changes to their property that might be unattractive and could even affect overall property values negatively.
But if you are more of an individualist, such restrictions could cramp your self-expression.  Be sure that you read and understand the rules and regulations governing a planned community before you make an offer on a property.

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