Jeaniedances, Home Buyer in Bermuda Dunes, CA

What are the HOA fees?

Asked by Jeaniedances, Bermuda Dunes, CA Sat May 18, 2013

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3
Bill Arnold’s answer
The monthly HOA fee for 127 Racquet Club Dr. with in Mission Hills CC. in Rancho Mirage, is $520.00. Since this property is on lease land, there is a monthly land lease fee of approximately $150.00. There is a possibility of a transfer fee as well, this comes into play when the property is sold.

If you are interested in Mission Hills, you may want to look for properties located in Mission Hills East/Deane homes. All the properties there are on fee simple land, no monthly fee, you own the land, no transfer fee and the HOA's are $475.00 per month.
0 votes Thank Flag Link Sun May 19, 2013
Home Owners Association (HOA) fees are charged to homeowners in a community where an association exists. An Association is made up of these homeowners and is for their benefit. The fee's are collected (usually annually) and are used for maintenance of common areas and any other activities that involve the subdivision as a whole. Associations are commonly established by subdivision developers to protect property values by providing guidelines for building structures and maintenance of property.
0 votes Thank Flag Link Sat May 18, 2013
Not the case in this particular situation--The land owner lives in the complex and just hires a co to rent/lease the properties out of convenience---

Jim
Flag Sat May 18, 2013
There is no "regular" HOA--only a voluntary one for social purposes and $35/year-
The complex is managed by a company the also manages a number (8) of other places in the country-
There is a rental fee and the property is under rent control for the protection of the occupants-
The city of Rancho Mirage determines allowble increases--
If that is not fully clear you may call me at any time--
Jim McIntyre 760-898-2141
0 votes Thank Flag Link Sat May 18, 2013
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