Posts Tagged ‘condo’
HOA’s what are they and why are they so popular in Las Vegas? If you are moving from the Midwest and other areas of the world that don’t have HOA’s you’re probably wondering what they are and why are they important or not important. To begin with HOA stands for Home Owners Association. Another term for HOA is CIC, Common Interest Community? Here is the NV Law that gives the meaning:
1. In the case of:
(a) A condominium or cooperative, all portions of the common-interest community other than the units, including easements in favor of units or the common elements over other units.
(b) A planned community, any real estate within a planned community which is owned or leased by the association, other than a unit.
2. In all common-interest communities, any other interests in real estate for the benefit of units’ owners which are subject to the declaration.
In other words when you purchase a home that is within a CIC you will receive a Re-Sale package that explains the rules and by-laws within the community. For example: it may state, when you can hang your Christmas lights, how long you can set your trash out and when and where the trash can needs to be. It may state you can’t paint your house purple. What type of landscaping you can have. What type of lighting you can install. Where you can park or not park. Many but not all CIC’s are in gated community so you have rules about how the gate code is given out or not given out. Many CIC’s are rules.
In communities that don’t have HOA rules, you more than likely can hang your Christmas lights all year long. You can work on your car in the driveway, you can park RV’s or boats on the street. In essence, you can do most anything you want and not get a warning or fined.
I moved here from Iowa and respectfully you cared about your property and how your neighbors are living in due respect to all of the community. The city may have had a few restrictions but all in all there weren’t many rules.
Many people are happy to live in community with HOA’s. Many people are not. It’s all about what is important to you. If you live within a HOA community you do not have the rights to change or go against the grade. You will not probably succeed at changing things.
If you are warned by the HOA to example: pull your weeds from the front yard or pressure wash the oil off your driveway I recommend doing what they ask. If not, you will be warned again and more than likely fined.
Many People who buy in HOA communities don’t realize that the HOA board members live in that community so they are somewhat policing the community. They are looking for violations of the homeowners. Some board members take this responsibility to the max and absolutely nit pick at homeowners to the point of annoyance and harassment.
I had at one time sold a condo to a client who loved the area, loved the complex but many of the board members took their position very seriously and in lack of a better way to explain were very terrible to the people who lived within the complex. Needless to say My client asked me to sell his condo for him because he could not stand the HOA board members harassments.
When living in a HOA community you will have fees to pay. Most every HOA is different in their monthly fee, quarterly fee or yearly fees.
If you have any questions about HOA’s I’d be happy to discuss with you more about them.
Thank you for your time and enjoy your life.
Penny O’Brien 702.321.9383 GowithPenny@yahoo.com
Hi there everyone,
Once again, thank you for your time and checking out my blog. This is a short and sweet blog, just like me, short and sweet. I’ve been in the Las Vegas Real Estate Market for over 16 years full-time. I’m honest, trustworthy, fun, professional, experienced, educated, patient and fun to work with. I always answer my phone, I am respected by my peers. I know what the heck I’m doing, I don’t fake it until I make it. If you’d like you can speak with any of my clients, they will be honest and share with you their buying or selling experiences with me. I love my clients. They are totally amazing people.
I work with First time homebuyers.
Single Family Home Buyers
Single Family Home Sellers
Cash, conventional, FHA, VA, 184 HUD program, down payment programs, you name it I can help you with your financial information you may have questions with. I am here with you through the whole process.
And, Sellers, there is no BS when it comes to selling your home. I’ve heard agents for years tell sellers what they want to hear whether it is the truth or not and you know what they have no problem lying to the seller/sellers. I’m not that kind of agent just so you know. I have Integrity, and lots of it.
Call Me, Penny O’Brien: 702.321.9383
Testimonials: Here’s just a few words from some amazing clients:
Penny O’Brien has been my real estate agent for the past three months and just closed the deal on my Summerlin home. Penny has been a pleasure to work with, earning my respect and admiration for getting my family through the stressful task of selling a house. The time spent with Penny has given me the opportunity to observe a true professional at work. Her ability to get the job done, and done right has certainly paid off.
I am also a real stickler for well-documented paperwork and Penny certainly showed her ability to perform this task. Her paperwork was flawless, leaving absolutely no loose ends behind. Penny was also available at the most inconvenient times and frequently made trips to my home at all hours of the day and night. Simply put, I would recommend Penny to assist all of my friends and family when their real estate needs.”
– Warren Hensman, Summerlin
“Penny made the selling of my house easier than I ever imagined. She not only brought in a lot of traffic into my property, but she sold it quickly… at full price. I highly recommend her.”
– Michael, Summerlin, LV
Penny is the greatest. She was a great help in helping me understand all the paper work. I left it in her hands, I trusted her, and my house sold
within a week! I got every penny I asked for. If I ever move back to
Vegas, and am in the market for another house, she would be the first
person I called.
– Deb,Valpariso, Indiana
Happy Day to you. Are you interested in knowing a lot more about townhomes in Las Vegas that are for sale? In the past 3 months I have sold several. They are a fine way of owning a home without all the extra responsibility of owning a detached home. Here’s what is usually included in within the HOA when buying a townhome. Usually water and trash are included. Most of the time the landscaping in the front is covered too. Are you looking for a condo to buy or sell. I can Help. I work in all areas of the Las Vegas Valley and have clients who are cash buyers, FHA buyers, VA buyers, Conventional buyers and any other programs that may be used in the purchase of a home. Many of my clients have a tribal card and they qualify for the HUD 184 program. There’s so much out there for buyers to use for purchasing a home and coming in with very little down payment.
You can reach me, Penny @ 702.321.9383. I am a professional Realtor, we will have a good experience working together.
I really enjoy helping people with the purchase or sale of homes. I have over 16 years of full-time experience in Las Vegas. ENJOY your day. Penny
Happy Day Everyone,
So, this is going to be a fast and easy way to explain some of the differences when purchasing either a condo, townhome or SFR, Single family residence.
Sometimes one of the biggest issues are:
- Square Footage.
- Shared walls.
- Yard Space.
- Gated vs. Non-Gated
How many choices fit your needs/wants.
- Bus line transportation.
- Here are a few explanations to this.
- Yard space, usually with a townhome and SFR you will have some yard/courtyard space.
- Pets, Lots of places have restrictions on what types and how many pets you can have.
- CC&R’s, this is a BIG issue. Most condo complexes are VERY strict on what you can and can not do, have or be. LOL
- Some people don’t want or need a big house or yard.
- Gated vs. Not Gated, again, it’s a personal choice. Some condo complexes have very high fees per month because of the community pool, exercise room and Gate.
- Bus line, many apartments and condo complexes are near bus lines.
- Wall space, I think we all know that when we are sharing walls the chances of hearing your neighbors increases.
Do you want or would you like more information about Las Vegas Real Estate, I’m just one text, call or email away..
ENJOY your day, I say so..
take care, Penny O’Brien 702.321.9383. GoWithPenny@yahoo.com
I hope this blog finds you very well and happy.
Basics when looking at condos………
1. FHA: Entire Project Must be FHA Approved.
2. OWNERSHIP: Does any one person or entity own more than 10% of the units?
3. LITIGATION: Is there current unsettled litigation? If yes, request copy of litigation documents .
4. SETTLED LITIGATION: request copy of documentation to reflect settlement and confirm repairs completed.
5. OCCUPANCY: Are 51% or more units owner occupied or second homes?
6. HOA: Are there more than 15% owners delinquent on HOA fees?
7. AMENTITIES: does the condo project share with hotel? (condo-tels have not been lendable for several years.)
Las Vegas Buyers buying condo or home to rent out daily. “Vacation Rentals” Banned in Clark County. Special Use PermitMonday, April 11th, 2016
Great information for buyers who want to buy a condo or home they can rent
out daily. They see the ‘vacation rentals’…’short term rentals’….’high
daily rental rates’ home and condo owners are getting on vacation rental
websites, like ‘AIRNB’, who are promoting owners to rent out their places
The general public does not know ‘less than 30 day rentals’ are illegal and
banned in many areas in Clark County. In the City of Las Vegas a business
license and ‘Special Use Permit’ is needed, allowing ‘short term rentals’
only in certain areas. Plus, NO HOA allows this. The fines from the HOA’S
are huge. There is a ‘City FEE’ of $500.00 per rental, that needs to be paid
to the ‘City’ each time there is a new ‘short term renter’, with a lease
copy and special form to approve the rental, signed by a city official,
before renting to the new renter.
Violation Fines are from $100.00 to $1000.00 a day apply and jail time. The
HOA has their own violation HIGH fee’s too. This get rich quick, pay off the
mortgage fast idea can really switch badly on any owner.
This is happening nationwide. Check each County and City, before you buy a
place with a ‘short term rental’ intent.
Vegas Street Names: Streets, Ave, Dr, Pl, Ln, Way, Fruity Las Vegas, NV Homes, Rentals, for Sale. Which one do you want to live @?Friday, April 24th, 2015
APPLE CART CIR
APPLE BARN AVE
APPLE CIDER ST
APPLE DEW AVE
APPLE GLAZE AVE
APPLE OAK CT
APPLE ORCHARD DR
CARROT RIDGE ST
ORANGE CLIFF CT
ORANGE DAISY PL
ORANGE GROVE LN
ORANGE HAZE WAY
ORANGE HILL DR
ORANGE MEADOW ST
ORANGE HUE ST
ORANGE MIST WAY
ORANGE HEIGHTS ST
ORANGE JUBILEE RD
ORANGE MEADOW ST
ORANGE TREE AVE
ORANGE MIST WAY
ORANGE SUN ST
ORANGE VALE AVE
ORANGE PORT CT
ORANGE SUN ST
ORANGE ORCHID PL
ORANGE POPPY CT
MELON CACTUS ST
MELON AROMA AVE
WATERMELON SEED AVE
TANGERINE ROSE DR
TANGERINE SKY AVE
APRICOT RIDGE AVE
APRICOT ROSE PL
APRICOT TREE CIR
PEACH BLOSSOM LN
PEACH CREEK ST
PEACH CORAL ST
PEACH FLARE ST
PEACH FLOWER CT
PEACH HILL AVE
PEACH NECTAR AVE
PEACH ORCHARD RD
PEACH RIDGE CT
More FUN to Come. Have a great weekend. Penny O’Brien
FRANK DEREK AVE
FRANK SINATRA DR
FRANK BORMAN AV
WOW – AVAILABLE FOR IMMEDIATE MOVE IN – FIRST FLOOR UNIT – THIS HAS IT ALL! Tile in living and kitchen. Nice kitchen includes all appliances including full size washer/dryer. Great for roommate situation – community features, nice grounds, community pool/spa and gated. EZ access to everything you need – What are you waiting for?
Owens & eastern – East on Ownes to N Pecos – then turn right into Pecos Creek Condos – building 1 –
FOR RENT: Condos and Townhomes throughout the Las Vegas, Henderson, SW, NW and N. LV for rent, FREE SERVICE TO YOU,Friday, April 19th, 2013
Did you know that in many cases you can rent a condo, townhome or Home cheaper than an apartment?
If you’re in the market to rent a place: townhome, condo, single family residence or tower condo. Please text/call or email me. It’s a free service to you .You pay NOTHING…Come on Now, let’s go find you your perfect rental.
LVsweetHomes Realty 10120 S. Eastern Ave 200 Henderson, NV 89052