It sounds as if you have educated yourself well :-) just be patient and don't rush into anything before you're ready. Oct - Feb is ideal because it is off season so sellers are typically a bit more willing to negotiate during this time.
Happy Hunting, and feel free to contact me if you need a Realtor to help you in your home search.
Have a great evening.
Charlene Weston (Cobelo)
The contract included a 15-day clause that allowed me to gracefully bow out and keep my deposit, which I did. I'm just not a fan of HOAs after reading about them.
I think I'll just buy a SFH with a 203K and upgrade it to my liking ;)
I am just a bit concerned for your situation sir. In a standard purchase contract, there isn't typically a way to cancel for any reason. Usually the standard contract has contingencies in place if financing or inspections fall through.
You may be bound to the contract or at minimum risk your deposit. Did you work with a Licensed Realtor on this purchase? You may want to be careful and make sure you aren't setting yourself up for additional issues before you make this decision.
Best of luck to you sir.
Many people are happy to pay an HOA fee in order to lock their door and walk away, knowing someone else is going to maintain their home.
Is it a gated community? do they replace the roof and paint the outside when needed? Do they have a heated pool, tennis courts, club house?
Many communities have security, pest control, include basic cable and or water. The community has to carry some hefty master insurance premiums, flood insurance, replacement value, fidelity bonds, liability, etc.
Only you can decide if you are getting what you are paying for. If you think it is worth it great, if not then you have your answer.
I should have clarified - my apologies. I've signed a bid to purchase the property but I haven't closed on the property. In fact, I can cancel my contract before the close with no hard feelings. I'm just having second thoughts about Condos and HOAs.