majrobnson, Home Buyer in Colorado Springs, CO

what are the HOA'S and what does it include?

Asked by majrobnson, Colorado Springs, CO Sat Mar 9, 2013

This question was asked from http://=www.trulia.com%2Fproperty%2F3110219442-7721-Grosbeak-Pt-Col… target="_blank" rel="nofollow">http://www.trulia.com/property/3110219442-7721-Grosbeak-Pt-C…

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5
Greetings

This property is currently Pending and no longer available, however, to answer your question is going to take some explaining.

The properties in the Chateau At Antelope Ridge subdivision are not technically real estate as there is no real land ownership. These are known as Leasehold Title Interests in Land which means that you own the structure but you lease or rent the land it is on. It's easiest to understand if you think of it like a high end mobile home park where the homes don't move.

The Lease dues vary from around $350 to $450 or so depending on the size of the lot the structure is on and the lease dues for this property are $371/month. These monthly fees include...beyond the lot lease...Covenant Enforcement, Management, Snow Removal, the Pool and Clubhouse.

Something else to note is that because there is no land ownership properties in this sub area have dropped in value even before the market began to decline in 2007 as they are generally been viewed as non appreciating assets .

I hope this information is helpful
Regards
Brian L. A. Wess
Realtor®, Broker Owner
CRS, CDPE, GRI, ABR, ASR, CSR, CNS, SFR, e-PRO
Military Relocation, Residential & Investment Specialist
Infinite Horizons Realty - Metro Brokers
Colorado Springs, CO
Direct: 719-528-6672
Web: BrianWess.com
COLORADO REAL ESTATE...DONE RIGHT!â„¢
1 vote Thank Flag Link Sat Mar 9, 2013
This is a manufactured home with a land lease!
0 votes Thank Flag Link Thu Apr 25, 2013
HOA dues are voluntary in Mountain Shadows.
0 votes Thank Flag Link Thu Apr 18, 2013
No HOA for this property at 1909 cucharras, Colorado springs
0 votes Thank Flag Link Sun Mar 10, 2013
This property is currently under contract.The HOA is $371 a month. This is a manufactured home and is part of a land lease which means the seller does not own the lot just the home. The $371 covers the land lease, community center, swimming pools, fitness center, banquet room, snow removal, and playground. If you would like more information on this property call me at 719-661-8672 or email me at pamela@pamelashomes.com
You can also visit my website for the most up to date information on all properties currently available in and around the Colorado Springs area. http://www.ColoradoSpringsBestRealEstate.com
Pamela Weatherford
Keller Wiliams Clients Choice
719-661-8672
Soli Deo Gloria
0 votes Thank Flag Link Sat Mar 9, 2013
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