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Why Should You Buy a House with a Pool and No HOA?

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Not everyone should join a homeowners association (HOA). Many homeowners don’t want to pay additional fees on their loans. This charge does not terminate when the mortgage has been paid off; instead, it continues throughout their lifespan in that neighborhood and may even rise over time. 

Buckeye has approximately 1,207 properties with pools for sale, with a median asking price of $451K. Therefore, one can easily find homes for sale in Buckeye with pool and with no HOA fees! Some of these houses are high in demand, indicating that they will probably sell quickly. The typical Buckeye home receives an offer after 38 days on the market.

Communities are provided with a shared set of rules or regulations by HOAs, which also have a board that reviews requests for improvements or repairs. Some property owners favor the absence of a governing body.

Finding homes without an HOA is not impossible, but it is not easy either. 

What is an HOA?

It is a group that establishes and upholds rules for the homes and people in a subdivision, planned neighborhood, or condominium complex. People who buy a property inside an HOA’s boundaries automatically join and are obligated to pay dues or fees. 

They are typically established within neighborhoods or communities of single-family houses or multi-unit structures (such as condominiums). Typically, it is created to set and enforce rules about the properties under its authority. Residents of the community make up and manage an association. However, some groups can be highly restrictive regarding what residents can do with their properties. 

Therefore, it is crucial to look into the HOA’s rules and regulations before you purchase a home in any neighborhood. 

Advantages of No HOA

  • Despite the apparent property value advantages, the most significant benefit is not worrying about paying the monthly fee to manage the HOA and the neighborhood. 
  • Another advantage is the homeowner’s unlimited flexibility to make any changes they choose to their house. This means that they are free to paint their home pink if they so choose without worrying that the association may object because it deviates from the neighborhood’s preferred color scheme.
  • Last but not least, many people find the privacy of not having such association a significant benefit. Even if it may be their job, having a “nosy neighbor” peek at your property from the front and rear to ensure you abide by community regulations can be unsettling.

Your priorities for your home and the amount of freedom and money you’re ready to give up will determine the option you make when purchasing a property.

Benefits of Having a Home with a Pool

You have a terrific place to engage visitors at gatherings if your backyard has a pool. Birthday pool parties, picnics, and poolside nights are all possibilities.

Making friends for your kids can be facilitated by having a pool in your backyard. They are welcome to come over and enjoy your backyard pool. If you do this, you will not be concerned about where your children are.

  • Cool off while it’s hot: A swimming pool is helpful when the weather gets hot.
  • A rise in home value: Homes with pools may indeed sell more quickly in some real estate markets.
  • Amuse family and friends: One of the main benefits of owning a house with a pool is the ability to socialize with friends and family without leaving your house.
  • An excellent way to exercise: Swimming is one of the best physical activities you can perform for your body. There are many cardiovascular advantages to swimming.

Having a no HOA has many benefits because no one instructs you on what to do with your property. You can even get homes for sale in Buckeye with a pool. Make sure you have money set aside in your plan for upkeep and utility expenditures before you purchase a home with a pool. However, if you have the money, you can take advantage of basking in the sun in the seclusion of your backyard.

 

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