"Hi Lottie ... if you can share any information/insight you have about single family homes with HOA, it would be great."
So began a recent email from a buyer with whom I've been working for a bit. These buyers have recently been approved for financing, so we're ready to start the home buying process in earnest. Questions like these are starting to emerge as we investigate single-family homes as well as townhouses.
My reply to her question: "Single-family homes, especially newer ones, are sometimes built as a planned community with a pool, private streets, etc. They often have restrictions such as exterior paint color choices, color of exterior window treatments, exterior yard maintenance which help keep the neighborhood neat and tidy. Many times the individual lot sizes are fairly small, with shared park common grounds."
There are many such communities in Redwood Shores and Foster City; fewer in Redwood City, Mountain View, Belmont and elsewhere in the Silicon Valley and in San Mateo County.
We're getting together in a couple of days and will be discussing further pros and cons of Planned Unit Developments -- along with many other topics.
I love working with buyers who are interested and engaged in the process, who aren't afraid to ask questions and learn. I'm feeling confident we'll be finding a great house for them in the weeks ahead.