Home Buying in 85048>Question Details

cycle87, Home Buyer in Phoenix, AZ

HOA fee on 16441 S 33rd St. Phoenix, AZ 85048

Asked by cycle87, Phoenix, AZ Wed Feb 13, 2013

I checked out this house, but HOA fee is over $100 per month... is this typo or correct? If it is correct, what's wrong with this HOA? any idea? I like the house and price but the HOA fee is problem. If you consider today's low interest rate, Over >$100 HOA is equivalent to > $30,000 loan. any advice to deal with this situation?

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The TOTAL "monthly" HOA fee disclosed in the listing is $145 consisting of:

HOA 1: $93/month
HOA 2: $170 semi annually
PAD fee: $148 semi annually

This includes access to a community pool, clubhouse, rec room, front yard maintenance, common area maintenance in the Lakewood Subdivision.

These will never go away and you will always pay for them and therefore there really is no way to "deal with this situation"

You can contact the 2 management companies for more information at

480.967.7182
602.957.9191
0 votes Thank Flag Link Thu Feb 14, 2013
Dear Cycle:

This HOA is low in comparison to many. Advice? Yes, have your Realtor only show you homes without a HOA. Your Realtor would be pleased to do this for you.

Jeffrey Masich, Reatlor, GRI, MBA
HomeSmart Realty
Scottsdale
http://JeffMasich.com
JeffMasich@ArizonaHomesLand.com
480-556-0940
0 votes Thank Flag Link Thu Feb 14, 2013
Hi Cycle87

This property and Valencia Shores has two HOA fee. The high fees are due to the amenities (Lake Subdivision, Community Pool/Spa, and Clubhouse/rec center). Yes your 100 HOA fee is equivalent to 30K loan the difference is that you can pay off the loan but HOA fees are always charged and can go up 5% a year.

Feel free to call or text 480.458.8007 or email pesqueira2@cox.net for showings/more info/questions.

Juan Pesqueira
American Associates Real Estate
Homes | Condos | Investments
Spanish and English speaking Realtor
Realtor, Appraiser
8930 E. Raintree Drive Suite 200
Scottsdale, AZ 85260
Office 480-458-8007 | Fax 480.767.7200
email: pesqueira2@cox.net
Websites:
TEMPE REALTY CO. http://www.TempeHomesCondos.Com
LAVISH PAD BOUTIQUE – http://AZLuxuryHomeBlog.Com
TEMPE REAL ESTATE BLOG - http://TempeRealEstateBlog.wordpress.com


Yes Dreams Come True, Let me Show You!
0 votes Thank Flag Link Thu Feb 14, 2013
I have included a link below with more details on this home and if you look about 3/4 of the way down the page, it states that the HOA fee includes the front yard maintenance. HOA dues, in my experience, are slightly higher for homes that include this service to the property owners. This is a great part of Phoenix and this does look like an attractive home at a good price. I was just showing homes in the area on Friday and there are a few others that I toured that you might consider as well. I have extensive experience representing buyers, have lived and worked in this area for years, and would be happy to help you. If you would like to see recommendations from my clients, you can do so by clicking on my photo to the right of this answer.


http://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/ru…


Thanks for the opportunity to work with you and I hope to hear from you soon!
0 votes Thank Flag Link Thu Feb 14, 2013
Give me a call tomorrow at 319-350-3263 and I'll give you all the details of this specific HOA fee. I will call the association as well and see what I can do for you. Thanks!
0 votes Thank Flag Link Wed Feb 13, 2013
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