Centennial Colorado Neighborhoods And HOAs

Dated: 02/11/2014

Views: 1007

                 Buying a home in one of the many neighborhoods of Centennial, Colorado may mean buying into a covenant-controlled community.  If you are thinking of buying a home within a Homeowners Association, there are many things to consider.  Some of the things are the financial strength of the association, who governs and manages the association and how restrictive are the covenants.  

     Some homeowners associations have had difficult times collecting dues or did not plan for unexpected repairs to common areas, causing hardship.  When buying into an HOA be sure to ask for financial documents to help avoid an unwanted financial surprise, as the board tries to recover the deficit.
   

    Inquire to how the HOA is managed.  Some associations are professionally managed and others are non-professionally managed.  Many HOAs have an over seeing governing board comprised of members from the neighborhood.  They also have boards that enforce restrictive covenants, for example an architectural control committee.  Ask how your HOA is managed and by whom. 
     
  Some HOAs are very strict and allow very little to be done around the outside of the home.   Some even restricting the colors to paint a house, the types of shrubs, and roofing materials.  All of these considerations should be addressed before purchasing your home.  Be sure to get copies for all items pertaining to the neighborhood (HOA) your thinking of buying in and read them thoroughly.   Your Realtor can assist you with getting the documents you need.
     
  Here are some links to research your HOA.
    
   http://cencon.ne , Centennials Community Registrar.
          http://cdn.colorado.gov/cs/Satellite/DORA-DRE/CBON/DORA/1251623736434  State of Colorado Dora  
Centennial CO Real Estate  Steve Dunbar working in Walnut Hills, Palos Verdes, Homestead and Heritage Place.  Assisting buyers and sellers in making the right choices. Steve Dunbar   Exit Realty DTC Englewood, CO 80112 303-246-0377  
Blog author image

Sheryll White

As a Full Time real estate agent for the past 23 years, Sheryll has helped hundreds of home owners in Colorado buy and sell their homes. Sheryll's easy going, no pressure style and her in depth knowl....

Want to Advertise on this Site?

Latest Blog Posts

OPEN HOUSE In Beautiful Morrison CO June 24

Come see us before Widespread Panic tomorrow night! Or, for some of you, come see us before you go to sleep from seeing Widespread the night before!  Either way...OPEN HOUSE Sunday, June 24th

Read More

Ultra Luxurious Soho Penthouse Is This Weeks Most Expensive New Listing

Highest Listing This Week for a Penthouse in SoHo! Can you quess how much ?!!?? .......$65 MILLION= 8000sqft + 4Beds + 6Baths  The kitchen reminds me of a

Read More

Gorgeous Condo 5 Minutes From The Lake Under 250k

Gorgeous well maintained condo off of C470 and Wads. Quick 5 minutes to the entrance of Chatfield Reservoir. Swim beaches, campground, recreational ponds for paddle boarding, canoeing, kayaking

Read More

Open House In Crystal Valley Ranch Castle Rock

You have to come see this model-like home in the new Crystal Valley Ranch community.  Only one year old, this home is great for those looking for a quiet and secluded neighborhood full of

Read More