Home Buying in Anthem>Question Details

Canadian Inv…, Home Buyer in Chandler Ginning, Gi...

Is the HOA fee of this SFH going to higher and higher every year ? I know in Canada, if you buy a condo, your maintinance fee is gonna be higher

Asked by Canadian Investor, Chandler Ginning, Gilbert, AZ Wed Jun 16, 2010

every year and it really sucks. The SFH :http://www.movoto.com/az/41404-n-bent-creek-way-anthem/471_4… Thanks

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3
Heather Peck’s answer
As costs go up to maintain a community, those costs are passed on to the homeowners in increased HOA fees. That includes insurance, utilities like water for community landscaping, landscape maintenance, etc. And if something in the community needs repairs, there has to be sufficient funds to pay for it or they'll issue an assessment, so either way you'll have to pay if you want to live in that community.

That's the good and bad of living in a neighborhood with an HOA. You live there because its beautiful and well maintained, and your neighbors are prevented from doing things to bring down the value like paint their property a weird color, leaving trash or abandoned vehicles in the yard, etc. The bad is someone has to pay for those services.
1 vote Thank Flag Link Thu Jun 17, 2010
BEST ANSWER
When Anthem opened in 1999 the fee for the majority of Anthem known as Parkside was $44.00 per month, today the fee for that same area of Parkside is $78.00 per month. The condominiums are $257.63 per month but include the water and trash as well as exterior maintenance. It was important to Del Webb in my opinion to offer a "teaser" rate at their opening, as they had to entice the public to go to the edge of Phoenix. All of the different communities within Anthem have basically had similar dues increases over time and in my expert opinion the increases are minimal and necessary. There is a cap in the HOA documents on exactly how much the fees can be raised in specific time periods and if you would like to review those documents you can visit OnlineAtAnthem.com. The fees will increase over time and the increases are based on actual costs and necessary estimated reserves. I am very active in the Anthem community and volunteer for a couple of the committees, I review the budgets and as a business owner understand the necessity of operating costs and increases. Our fees are so worth our amenities!
Best Regards,
Jacqueline Roersma, Broker, E-Pro, CDPE, CSSN, GRI, SFR and FiveStar Certified
Phantom Realty 623.580.1580 Ext 101
Jacqueline@PhantomRealty.com
http://www.PhantomRealty.com
Web Reference: http://www.AnthemOnLine.com
1 vote Thank Flag Link Thu Jun 17, 2010
Dear Can:

Welcome to Arizona. Things are the same here. HOA fees will go up over time.

May I wish you the best.

Regards, Jeff

Jeff Masich, Realtor
HomeSmart
Scottsdale
http://ArizonaHomesLand.com
1 vote Thank Flag Link Wed Jun 16, 2010
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