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Deborah Schatz

Kerrie Cardon’s Whitefish Real Estate April Newsletter

by

Kerrie Cardon

 

Kerrie became a Realtor as a way to leverage her passion into helping you achieve your Montana dream. Call Kerrie today to begin your own amazing journey! 406.27.2614.

Featured Property: Resort living on Whitefish Lake

MLS#21700865 Offered at $655,000

Enjoy resort living at its best in all seasons in this waterfront 2 bedroom / 2 bathroom condo at Whitefish Lake Lodge in the desirable resort community of Whitefish, Montana. Condo includes access to all of the Lodge at Whitefish Lake amenities; fine dining, casual dining, spa, pool and hot tub, marina, and Tiki bar & grill. Activities in Glacier National Park are only 30 minutes away. Whitefish Mountain Resort is just a short 10 minute drive.

More info and more photos…click here.

What Are Restrictive Covenants?

Read These Rules Before You Buy

BY CATHIE ERICSON for Realtor.com

If you’re looking to buy a home in a community run by a homeowners association, or HOA, then you may have also heard that in order to join the club, you’ll have to abide by its restrictive covenants. So what are restrictive covenants?

Although this term may conjure up images of a satanic cult, “restrictive covenants”—also known as CC&Rs (for “covenants, conditions, and restrictions”)—aren’t as ominous as they sound.

Simply put, CC&Rs are just the rules you’ll have to follow if you live in that community. Unlike zoning regulations, which are government-imposed requirements on how land can be used, restrictive covenants are established by planned subdivisions to maintain the attractiveness and value of the property.

Odds are you’re all for rules that keep the real estate you’re buying in good shape! But some CC&Rs don’t always sit well with some residents and are seen as too, well, restrictive. It all depends on your perspective and how much freedom you want over your home—or protection from your neighbors exercising that same freedom in ways you might not like.

Common restrictive covenants

Restrictive covenants differ from community to community, but there are some you can expect to see:

  • Permissible colors for exterior house paint
  • Minimum property and landscaping standards
  • Types of fencing allowed
  • Types of window treatments allowed
  • Limitations on the type of security lights you can attach to the house
  • Controls on installing sporting equipment such as a basketball hoop in the driveway
  • Restrictions that limit vehicle storage or recreational vehicle parking
  • Curbs on property uses that generate noise or smells (e.g., raising livestock)
  • Rules on commercial or business uses of land reserved for residences

While it’s easy to focus on what these rules say you can’t do, try to turn the tables and see the upsides, too.

“A reasonable HOA is like heaven,” says Bruce Ailion, Realtor® and attorney for Re/Max Town and Country in Atlanta. Several years ago he represented a builder of family homes that were sold to investors; with no restrictive covenants in place, the community looked terrible two years later.

By contrast, a nearby community that had instituted an HOA to oversee lawn care and home exteriors was thriving.

“Those properties looked like new, and year after year the gap in price between the two communities has grown,” he says.

When to review your CC&Rs

After your offer to buy a home is accepted, you are legally entitled to receive and review the community’s CC&Rs over a certain numbers of days (typically between three and 10). Warning: Some CC&Rs can be hundreds of pages, but given these are the laws you’ll have to abide by, this is required reading that you skip at your own peril.

If you spot anything in the restrictive covenants you absolutely can’t live with, you can bring it up with the HOA board or just back out of your contract completely (and keep your deposit). It may seem extreme, but if this is the place you hope to call home, living with rules that seriously cramp your style may just not be worth the trouble.

Can you change restrictive covenants?

Restrictive covenants, however, aren’t set in stone. They can be contested and changed with a majority vote of the shareholders, aka neighbors in your development. This can work for or against you depending on where you stand. Ailion says he has seen neighborhoods tighten regulations by issuing fines for cars parked in the streets, bicycles left outside the garage, nonstandard mailboxes, and other potentially petty problems.

“Yes, restrictive covenants keep the appearance of the property up and can prevent eyesores such as wrecked cars, unkempt lawns, and oddball home colors,” Ailion says. But he admits there are times when CC&Rs can be so restrictive that they start infringing on the rights of their residents.

But even in that case, there are things you can do. In January 2016, for instance, when an HOA in Keizer, OR, wouldn’t allow a family to park their RV in their driveway—a necessity for their disabled child—the family fought back with a lawsuit, arguing that the Fair Housing Act requires HOAs to make “reasonable accommodations” for people with disabilities.

The bottom line: Restrictive covenants are meant to protect residents, but they can be changed if they’re out of line. Make sure to review them before you buy a home, and if you disagree, by all means speak up! Many others may be glad you did.

IN THE MOMENT

EPISODE SEVEN: OPEN ROAD
Join the Absaroka Dogsled Treks team on a ride of a lifetime through the Montana backcountry.

Halladay

Live Music Saturdays

Starting April 4, 2017

7:00 PM – 10:00 PM MDT

Firebrand Lounge, Second and Spokane in Whitefish

Halladay Quist is a country bluegrass singer songwriter with a streak of rock ‘n roll in her veins. She performs live in the Firebrand Lounge most Saturdays with the occasional guest musician stepping in.

To learn more about Halladay visit her website: https://www.halladayquist.com/Halladay

What Are HOA Fees?

BY LISA MANDELL for Realtor.com

First things first: HOA is an abbreviation for “homeowners association,” which applies to the owners of condos, townhouses, or freestanding homes in a planned community. The fee, which is usually charged monthly, goes to maintain the common areas of that community.

“Because multiple parties live in the same building or complex, all residents must be equally responsible for maintaining the common areas such as landscaping, elevators, swimming pools, clubhouses, parking garages, fitness rooms, sidewalks, security gates, roofing, and building exteriors, they are provided with a Pool Vacuum Hq to clean the pool” says finance expert Amy Fontanelle. HOA fees also include insurance payments to cover those common areas.

Sure, homeowners already taking on a mortgage may hate coughing up more money for HOA dues. But they actually let you off the hook for a ton of home maintenance work. So before you start kvetching, consider all that HOA fees can do for you.

How much are HOA fees?

For a typical single-family home, HOA fees can cost homeowners around $200 to $300 per month, although they will be lower or much higher depending on the size of your unit and the amenities.

To give you an idea of the range of HOA fees, a 1,000-square-foot condo in Des Moines, IA, with no pool, spa, community room, or gym in the community has an HOA fee of $100 per month, which covers utilities, landscaping, and snow removal.

On the other end of the spectrum, there’s Hollywood’s fancy Sierra Towers condo building, which is filled to the brim with amenities like 24-hour concierge service and valet parking. They charge residents of a 3,400-square-foot condo about $4,000 per month in HOA fees. Suddenly that $250 monthly fee you’re considering feels a bit more reasonable, doesn’t it?

What is an HOA reserve fund?

HOA fees are usually divided into two parts: One portion goes toward monthly expenses, and the remaining money goes into a reserve fund, to save for long-term repairs and replacements such as roofs, plumbing, and exterior paint. Reserve funds also cover emergency expenses that arise when natural disasters, vandals, or just the unavoidable wear and tear strike.

What is an assessment?

Be aware that when your community is hit with extreme maintenance expenses—like a flood in the underground parking lot due to a broken water heater or a pipe bursting—homeowners insurance will cover some of it, but whatever’s left will have to be paid by your HOA.

Typically in these cases the HOA will tap the reserve fund, which may become depleted as a result. As a result, your HOA board may require you and your fellow homeowners in the community to pay a special assessment bill above and beyond your monthly HOA fee. Luckily, though, these assessments are typically temporary until the reserve is back up to a comfortable level.

What happens if I can’t pay the HOA fees?

Rest assured that most lending institutions take the HOA fee into consideration when they write up your mortgage. In other words, they evaluate your monthly income compared with your monthly expenses, and they won’t make a loan on the desired property unless they feel you can safely cover everything: your mortgage payment, taxes, and HOA fees.

But hey, life happens. If you lose your job or are unable to pay your HOA fees, you might be able to work something out with the HOA board. Be sure to talk to it before you miss even one payment. If you fall too far behind, the consequences could be the same as if you fail to make your mortgage payments. Bob Tankel, a Florida attorney specializing in HOA law, says you could be evicted or, in extreme instances, the board has the right to foreclose on your property.

The ins and outs of your HOA fees and what they cover in your new community will be spelled out in the covenants, conditions, and restrictions. Tankel suggests reading your CC&Rs carefully before you even buy your condo, and referring to it frequently once you move in so you’ll always know what to expect.

Holly Carbo’s Whitefish Real Estate April Newsletter

by

Holly Carbo the natural choice

Holly is a person who doesn’t give up when faced with a challenge. Once she’s determined your individual real estate goals, she won’t quit until she’s achieved them. Contact Holly today at 406.249.7818.

Featured Property: Big Mountain Village development dream

MLS#337201 Offered at $3,500,000

This is an amazing opportunity to buy a vacant 1.044 acre pieces of property at the base of chair 2. Create a condominium complex, a time share dream, ski in ski out hotel, motel, private home or convention facility. Let us help you explore the possibilities. Impeccable views with recreation facilities out the back door. Listing agent is fractional owner.

More info and more photos…click here.

What Are Restrictive Covenants?

Read These Rules Before You Buy

BY CATHIE ERICSON for Realtor.com

If you’re looking to buy a home in a community run by a homeowners association, or HOA, then you may have also heard that in order to join the club, you’ll have to abide by its restrictive covenants. So what are restrictive covenants?

Although this term may conjure up images of a satanic cult, “restrictive covenants”—also known as CC&Rs (for “covenants, conditions, and restrictions”)—aren’t as ominous as they sound.

Simply put, CC&Rs are just the rules you’ll have to follow if you live in that community. Unlike zoning regulations, which are government-imposed requirements on how land can be used, restrictive covenants are established by planned subdivisions to maintain the attractiveness and value of the property.

Odds are you’re all for rules that keep the real estate you’re buying in good shape! But some CC&Rs don’t always sit well with some residents and are seen as too, well, restrictive. It all depends on your perspective and how much freedom you want over your home—or protection from your neighbors exercising that same freedom in ways you might not like.

Common restrictive covenants

Restrictive covenants differ from community to community, but there are some you can expect to see:

  • Permissible colors for exterior house paint
  • Minimum property and landscaping standards
  • Types of fencing allowed
  • Types of window treatments allowed
  • Limitations on the type of security lights you can attach to the house
  • Controls on installing sporting equipment such as a basketball hoop in the driveway
  • Restrictions that limit vehicle storage or recreational vehicle parking
  • Curbs on property uses that generate noise or smells (e.g., raising livestock)
  • Rules on commercial or business uses of land reserved for residences

While it’s easy to focus on what these rules say you can’t do, try to turn the tables and see the upsides, too.

“A reasonable HOA is like heaven,” says Bruce Ailion, Realtor® and attorney for Re/Max Town and Country in Atlanta. Several years ago he represented a builder of family homes that were sold to investors; with no restrictive covenants in place, the community looked terrible two years later.

By contrast, a nearby community that had instituted an HOA to oversee lawn care and home exteriors was thriving.

“Those properties looked like new, and year after year the gap in price between the two communities has grown,” he says.

When to review your CC&Rs

After your offer to buy a home is accepted, you are legally entitled to receive and review the community’s CC&Rs over a certain numbers of days (typically between three and 10). Warning: Some CC&Rs can be hundreds of pages, but given these are the laws you’ll have to abide by, this is required reading that you skip at your own peril.

If you spot anything in the restrictive covenants you absolutely can’t live with, you can bring it up with the HOA board or just back out of your contract completely (and keep your deposit). It may seem extreme, but if this is the place you hope to call home, living with rules that seriously cramp your style may just not be worth the trouble.

Can you change restrictive covenants?

Restrictive covenants, however, aren’t set in stone. They can be contested and changed with a majority vote of the shareholders, aka neighbors in your development. This can work for or against you depending on where you stand. Ailion says he has seen neighborhoods tighten regulations by issuing fines for cars parked in the streets, bicycles left outside the garage, nonstandard mailboxes, and other potentially petty problems.

“Yes, restrictive covenants keep the appearance of the property up and can prevent eyesores such as wrecked cars, unkempt lawns, and oddball home colors,” Ailion says. But he admits there are times when CC&Rs can be so restrictive that they start infringing on the rights of their residents.

But even in that case, there are things you can do. In January 2016, for instance, when an HOA in Keizer, OR, wouldn’t allow a family to park their RV in their driveway—a necessity for their disabled child—the family fought back with a lawsuit, arguing that the Fair Housing Act requires HOAs to make “reasonable accommodations” for people with disabilities.

The bottom line: Restrictive covenants are meant to protect residents, but they can be changed if they’re out of line. Make sure to review them before you buy a home, and if you disagree, by all means speak up! Many others may be glad you did.

IN THE MOMENT

EPISODE SEVEN: OPEN ROAD
Join the Absaroka Dogsled Treks team on a ride of a lifetime through the Montana backcountry.

Halladay

Live Music Saturdays

Starting April 4, 2017

7:00 PM – 10:00 PM MDT

Firebrand Lounge, Second and Spokane in Whitefish

Halladay Quist is a country bluegrass singer songwriter with a streak of rock ‘n roll in her veins. She performs live in the Firebrand Lounge most Saturdays with the occasional guest musician stepping in.

To learn more about Halladay visit her website: https://www.halladayquist.com/Halladay

What Are HOA Fees?

BY LISA MANDELL for Realtor.com

First things first: HOA is an abbreviation for “homeowners association,” which applies to the owners of condos, townhouses, or freestanding homes in a planned community. The fee, which is usually charged monthly, goes to maintain the common areas of that community.

“Because multiple parties live in the same building or complex, all residents must be equally responsible for maintaining the common areas such as landscaping, elevators, swimming pools, clubhouses, parking garages, fitness rooms, sidewalks, security gates, roofing, and building exteriors,” says finance expert Amy Fontanelle. HOA fees also include insurance payments to cover those common areas.

Sure, homeowners already taking on a mortgage may hate coughing up more money for HOA dues. But they actually let you off the hook for a ton of home maintenance work. So before you start kvetching, consider all that HOA fees can do for you.

How much are HOA fees?

For a typical single-family home, HOA fees can cost homeowners around $200 to $300 per month, although they will be lower or much higher depending on the size of your unit and the amenities.

To give you an idea of the range of HOA fees, a 1,000-square-foot condo in Des Moines, IA, with no pool, spa, community room, or gym in the community has an HOA fee of $100 per month, which covers utilities, landscaping, and snow removal.

On the other end of the spectrum, there’s Hollywood’s fancy Sierra Towers condo building, which is filled to the brim with amenities like 24-hour concierge service and valet parking. They charge residents of a 3,400-square-foot condo about $4,000 per month in HOA fees. Suddenly that $250 monthly fee you’re considering feels a bit more reasonable, doesn’t it?

What is an HOA reserve fund?

HOA fees are usually divided into two parts: One portion goes toward monthly expenses, and the remaining money goes into a reserve fund, to save for long-term repairs and replacements such as roofs, plumbing, and exterior paint. Reserve funds also cover emergency expenses that arise when natural disasters, vandals, or just the unavoidable wear and tear strike.

What is an assessment?

Be aware that when your community is hit with extreme maintenance expenses—like a flood in the underground parking lot due to a broken water heater or a pipe bursting—homeowners insurance will cover some of it, but whatever’s left will have to be paid by your HOA.

Typically in these cases the HOA will tap the reserve fund, which may become depleted as a result. As a result, your HOA board may require you and your fellow homeowners in the community to pay a special assessment bill above and beyond your monthly HOA fee. Luckily, though, these assessments are typically temporary until the reserve is back up to a comfortable level.

What happens if I can’t pay the HOA fees?

Rest assured that most lending institutions take the HOA fee into consideration when they write up your mortgage. In other words, they evaluate your monthly income compared with your monthly expenses, and they won’t make a loan on the desired property unless they feel you can safely cover everything: your mortgage payment, taxes, and HOA fees.

But hey, life happens. If you lose your job or are unable to pay your HOA fees, you might be able to work something out with the HOA board. Be sure to talk to it before you miss even one payment. If you fall too far behind, the consequences could be the same as if you fail to make your mortgage payments. Bob Tankel, a Florida attorney specializing in HOA law, says you could be evicted or, in extreme instances, the board has the right to foreclose on your property.

The ins and outs of your HOA fees and what they cover in your new community will be spelled out in the covenants, conditions, and restrictions. Tankel suggests reading your CC&Rs carefully before you even buy your condo, and referring to it frequently once you move in so you’ll always know what to expect.

Nikki Marengo’s Whitefish Real Estate April Newsletter

by

nikki-marengo-rocky-mountain-real-estate

 

 

Nikki’s main objective is making others happy and that is why real estate has become more than a profession­–it’s a passion. Let Nikki help you with the next adventure in your life, whether it’s finding a home on the golf course or selling your cabin in the woods. 406.212.8507 or [email protected].

Featured Property: 19 acres with Flathead Lake views

MLS#21701072 Offered at $850,000

Fantastic development property with absolutely stunning views of Flathead lake.This property is currently zoned R1 which would allow for several different development options. If you are looking for a property to do a small development on, this property is perfect for that. The slope and topography of this property is unparalleled, and with unobstructed views of Flathead Lake this property is one of a kind.

More info and more photos…click here.

What Are Restrictive Covenants?

Read These Rules Before You Buy

BY CATHIE ERICSON for Realtor.com

If you’re looking to buy a home in a community run by a homeowners association, or HOA, then you may have also heard that in order to join the club, you’ll have to abide by its restrictive covenants. So what are restrictive covenants?

Although this term may conjure up images of a satanic cult, “restrictive covenants”—also known as CC&Rs (for “covenants, conditions, and restrictions”)—aren’t as ominous as they sound.

Simply put, CC&Rs are just the rules you’ll have to follow if you live in that community. Unlike zoning regulations, which are government-imposed requirements on how land can be used, restrictive covenants are established by planned subdivisions to maintain the attractiveness and value of the property.

Odds are you’re all for rules that keep the real estate you’re buying in good shape! But some CC&Rs don’t always sit well with some residents and are seen as too, well, restrictive. It all depends on your perspective and how much freedom you want over your home—or protection from your neighbors exercising that same freedom in ways you might not like.

Common restrictive covenants

Restrictive covenants differ from community to community, but there are some you can expect to see:

  • Permissible colors for exterior house paint
  • Minimum property and landscaping standards
  • Types of fencing allowed
  • Types of window treatments allowed
  • Limitations on the type of security lights you can attach to the house
  • Controls on installing sporting equipment such as a basketball hoop in the driveway
  • Restrictions that limit vehicle storage or recreational vehicle parking
  • Curbs on property uses that generate noise or smells (e.g., raising livestock)
  • Rules on commercial or business uses of land reserved for residences

While it’s easy to focus on what these rules say you can’t do, try to turn the tables and see the upsides, too.

“A reasonable HOA is like heaven,” says Bruce Ailion, Realtor® and attorney for Re/Max Town and Country in Atlanta. Several years ago he represented a builder of family homes that were sold to investors; with no restrictive covenants in place, the community looked terrible two years later.

By contrast, a nearby community that had instituted an HOA to oversee lawn care and home exteriors was thriving.

“Those properties looked like new, and year after year the gap in price between the two communities has grown,” he says.

When to review your CC&Rs

After your offer to buy a home is accepted, you are legally entitled to receive and review the community’s CC&Rs over a certain numbers of days (typically between three and 10). Warning: Some CC&Rs can be hundreds of pages, but given these are the laws you’ll have to abide by, this is required reading that you skip at your own peril.

If you spot anything in the restrictive covenants you absolutely can’t live with, you can bring it up with the HOA board or just back out of your contract completely (and keep your deposit). It may seem extreme, but if this is the place you hope to call home, living with rules that seriously cramp your style may just not be worth the trouble.

Can you change restrictive covenants?

Restrictive covenants, however, aren’t set in stone. They can be contested and changed with a majority vote of the shareholders, aka neighbors in your development. This can work for or against you depending on where you stand. Ailion says he has seen neighborhoods tighten regulations by issuing fines for cars parked in the streets, bicycles left outside the garage, nonstandard mailboxes, and other potentially petty problems.

“Yes, restrictive covenants keep the appearance of the property up and can prevent eyesores such as wrecked cars, unkempt lawns, and oddball home colors,” Ailion says. But he admits there are times when CC&Rs can be so restrictive that they start infringing on the rights of their residents.

But even in that case, there are things you can do. In January 2016, for instance, when an HOA in Keizer, OR, wouldn’t allow a family to park their RV in their driveway—a necessity for their disabled child—the family fought back with a lawsuit, arguing that the Fair Housing Act requires HOAs to make “reasonable accommodations” for people with disabilities.

The bottom line: Restrictive covenants are meant to protect residents, but they can be changed if they’re out of line. Make sure to review them before you buy a home, and if you disagree, by all means speak up! Many others may be glad you did.

IN THE MOMENT

EPISODE SEVEN: OPEN ROAD
Join the Absaroka Dogsled Treks team on a ride of a lifetime through the Montana backcountry.

Halladay

Live Music Saturdays

Starting April 4, 2017

7:00 PM – 10:00 PM MDT

Firebrand Lounge, Second and Spokane in Whitefish

Halladay Quist is a country bluegrass singer songwriter with a streak of rock ‘n roll in her veins. She performs live in the Firebrand Lounge most Saturdays with the occasional guest musician stepping in.

To learn more about Halladay visit her website: https://www.halladayquist.com/Halladay

What Are HOA Fees?

BY LISA MANDELL for Realtor.com

First things first: HOA is an abbreviation for “homeowners association,” which applies to the owners of condos, townhouses, or freestanding homes in a planned community. The fee, which is usually charged monthly, goes to maintain the common areas of that community.

“Because multiple parties live in the same building or complex, all residents must be equally responsible for maintaining the common areas such as landscaping, elevators, swimming pools, clubhouses, parking garages, fitness rooms, sidewalks, security gates, roofing, and building exteriors,” says finance expert Amy Fontanelle. HOA fees also include insurance payments to cover those common areas.

Sure, homeowners already taking on a mortgage may hate coughing up more money for HOA dues. But they actually let you off the hook for a ton of home maintenance work. So before you start kvetching, consider all that HOA fees can do for you.

How much are HOA fees?

For a typical single-family home, HOA fees can cost homeowners around $200 to $300 per month, although they will be lower or much higher depending on the size of your unit and the amenities.

To give you an idea of the range of HOA fees, a 1,000-square-foot condo in Des Moines, IA, with no pool, spa, community room, or gym in the community has an HOA fee of $100 per month, which covers utilities, landscaping, and snow removal.

On the other end of the spectrum, there’s Hollywood’s fancy Sierra Towers condo building, which is filled to the brim with amenities like 24-hour concierge service and valet parking. They charge residents of a 3,400-square-foot condo about $4,000 per month in HOA fees. Suddenly that $250 monthly fee you’re considering feels a bit more reasonable, doesn’t it?

What is an HOA reserve fund?

HOA fees are usually divided into two parts: One portion goes toward monthly expenses, and the remaining money goes into a reserve fund, to save for long-term repairs and replacements such as roofs, plumbing, and exterior paint. Reserve funds also cover emergency expenses that arise when natural disasters, vandals, or just the unavoidable wear and tear strike.

What is an assessment?

Be aware that when your community is hit with extreme maintenance expenses—like a flood in the underground parking lot due to a broken water heater or a pipe bursting—homeowners insurance will cover some of it, but whatever’s left will have to be paid by your HOA.

Typically in these cases the HOA will tap the reserve fund, which may become depleted as a result. As a result, your HOA board may require you and your fellow homeowners in the community to pay a special assessment bill above and beyond your monthly HOA fee. Luckily, though, these assessments are typically temporary until the reserve is back up to a comfortable level.

What happens if I can’t pay the HOA fees?

Rest assured that most lending institutions take the HOA fee into consideration when they write up your mortgage. In other words, they evaluate your monthly income compared with your monthly expenses, and they won’t make a loan on the desired property unless they feel you can safely cover everything: your mortgage payment, taxes, and HOA fees.

But hey, life happens. If you lose your job or are unable to pay your HOA fees, you might be able to work something out with the HOA board. Be sure to talk to it before you miss even one payment. If you fall too far behind, the consequences could be the same as if you fail to make your mortgage payments. Bob Tankel, a Florida attorney specializing in HOA law, says you could be evicted or, in extreme instances, the board has the right to foreclose on your property.

The ins and outs of your HOA fees and what they cover in your new community will be spelled out in the covenants, conditions, and restrictions. Tankel suggests reading your CC&Rs carefully before you even buy your condo, and referring to it frequently once you move in so you’ll always know what to expect.

Brian Nicodemus’ Whitefish Real Estate April Newsletter

by

Brian Nicodemus RE/MAX Rocky Mountain Brian Nicodemus

 

The true reward for me is the smile on my customers’ face when they achieve their goals. No hassles and no pressure when you work with me. Just a friendly knowledgeable Real Estate Broker who is here to help. Give me a call or email me today so I can help you catch your special piece of Montana! 406.250.7311 or [email protected].

3893 BMR-411

Featured Property: Morning Eagle Condominium

MLS#21702439 Offered at $360,000

Beautiful 3 bed 3 bath Morning Eagle condo on Whitefish Mountain Resort! This unit is sold turn key and has 3 roomy bedrooms, 3 bathrooms, stacked washer/dryer, custom cabinets and great valley & mountain views! Ski in ski out access with ground floor ski lockers and gear rental companies for every season right on sight. Snug up to the warm gas fireplace or take a nice soothing rooftop hot tub after a long day on the slops or hiking the many trails on the mountain. Relax in your beautiful Whitefish Mountain Resort Condo and enjoy the great views and all Whitefish Montana has to offer!

More info and more photos…click here.

What Are Restrictive Covenants?

Read These Rules Before You Buy

BY CATHIE ERICSON for Realtor.com

If you’re looking to buy a home in a community run by a homeowners association, or HOA, then you may have also heard that in order to join the club, you’ll have to abide by its restrictive covenants. So what are restrictive covenants?

Although this term may conjure up images of a satanic cult, “restrictive covenants”—also known as CC&Rs (for “covenants, conditions, and restrictions”)—aren’t as ominous as they sound.

Simply put, CC&Rs are just the rules you’ll have to follow if you live in that community. Unlike zoning regulations, which are government-imposed requirements on how land can be used, restrictive covenants are established by planned subdivisions to maintain the attractiveness and value of the property.

Odds are you’re all for rules that keep the real estate you’re buying in good shape! But some CC&Rs don’t always sit well with some residents and are seen as too, well, restrictive. It all depends on your perspective and how much freedom you want over your home—or protection from your neighbors exercising that same freedom in ways you might not like.

Common restrictive covenants

Restrictive covenants differ from community to community, but there are some you can expect to see:

  • Permissible colors for exterior house paint
  • Minimum property and landscaping standards
  • Types of fencing allowed
  • Types of window treatments allowed
  • Limitations on the type of security lights you can attach to the house
  • Controls on installing sporting equipment such as a basketball hoop in the driveway
  • Restrictions that limit vehicle storage or recreational vehicle parking
  • Curbs on property uses that generate noise or smells (e.g., raising livestock)
  • Rules on commercial or business uses of land reserved for residences

While it’s easy to focus on what these rules say you can’t do, try to turn the tables and see the upsides, too.

“A reasonable HOA is like heaven,” says Bruce Ailion, Realtor® and attorney for Re/Max Town and Country in Atlanta. Several years ago he represented a builder of family homes that were sold to investors; with no restrictive covenants in place, the community looked terrible two years later.

By contrast, a nearby community that had instituted an HOA to oversee lawn care and home exteriors was thriving.

“Those properties looked like new, and year after year the gap in price between the two communities has grown,” he says.

When to review your CC&Rs

After your offer to buy a home is accepted, you are legally entitled to receive and review the community’s CC&Rs over a certain numbers of days (typically between three and 10). Warning: Some CC&Rs can be hundreds of pages, but given these are the laws you’ll have to abide by, this is required reading that you skip at your own peril.

If you spot anything in the restrictive covenants you absolutely can’t live with, you can bring it up with the HOA board or just back out of your contract completely (and keep your deposit). It may seem extreme, but if this is the place you hope to call home, living with rules that seriously cramp your style may just not be worth the trouble.

Can you change restrictive covenants?

Restrictive covenants, however, aren’t set in stone. They can be contested and changed with a majority vote of the shareholders, aka neighbors in your development. This can work for or against you depending on where you stand. Ailion says he has seen neighborhoods tighten regulations by issuing fines for cars parked in the streets, bicycles left outside the garage, nonstandard mailboxes, and other potentially petty problems.

“Yes, restrictive covenants keep the appearance of the property up and can prevent eyesores such as wrecked cars, unkempt lawns, and oddball home colors,” Ailion says. But he admits there are times when CC&Rs can be so restrictive that they start infringing on the rights of their residents.

But even in that case, there are things you can do. In January 2016, for instance, when an HOA in Keizer, OR, wouldn’t allow a family to park their RV in their driveway—a necessity for their disabled child—the family fought back with a lawsuit, arguing that the Fair Housing Act requires HOAs to make “reasonable accommodations” for people with disabilities.

The bottom line: Restrictive covenants are meant to protect residents, but they can be changed if they’re out of line. Make sure to review them before you buy a home, and if you disagree, by all means speak up! Many others may be glad you did.

IN THE MOMENT

EPISODE SEVEN: OPEN ROAD
Join the Absaroka Dogsled Treks team on a ride of a lifetime through the Montana backcountry.

Halladay

Live Music Saturdays

Starting April 4, 2017

7:00 PM – 10:00 PM MDT

Firebrand Lounge, Second and Spokane in Whitefish

Halladay Quist is a country bluegrass singer songwriter with a streak of rock ‘n roll in her veins. She performs live in the Firebrand Lounge most Saturdays with the occasional guest musician stepping in.

To learn more about Halladay visit her website: https://www.halladayquist.com/Halladay

What Are HOA Fees?

BY LISA MANDELL for Realtor.com

First things first: HOA is an abbreviation for “homeowners association,” which applies to the owners of condos, townhouses, or freestanding homes in a planned community. The fee, which is usually charged monthly, goes to maintain the common areas of that community.

“Because multiple parties live in the same building or complex, all residents must be equally responsible for maintaining the common areas such as landscaping, elevators, swimming pools, clubhouses, parking garages, fitness rooms, sidewalks, security gates, roofing, and building exteriors,” says finance expert Amy Fontanelle. HOA fees also include insurance payments to cover those common areas.

Sure, homeowners already taking on a mortgage may hate coughing up more money for HOA dues. But they actually let you off the hook for a ton of home maintenance work. So before you start kvetching, consider all that HOA fees can do for you.

How much are HOA fees?

For a typical single-family home, HOA fees can cost homeowners around $200 to $300 per month, although they will be lower or much higher depending on the size of your unit and the amenities.

To give you an idea of the range of HOA fees, a 1,000-square-foot condo in Des Moines, IA, with no pool, spa, community room, or gym in the community has an HOA fee of $100 per month, which covers utilities, landscaping, and snow removal.

On the other end of the spectrum, there’s Hollywood’s fancy Sierra Towers condo building, which is filled to the brim with amenities like 24-hour concierge service and valet parking. They charge residents of a 3,400-square-foot condo about $4,000 per month in HOA fees. Suddenly that $250 monthly fee you’re considering feels a bit more reasonable, doesn’t it?

What is an HOA reserve fund?

HOA fees are usually divided into two parts: One portion goes toward monthly expenses, and the remaining money goes into a reserve fund, to save for long-term repairs and replacements such as roofs, plumbing, and exterior paint. Reserve funds also cover emergency expenses that arise when natural disasters, vandals, or just the unavoidable wear and tear strike.

What is an assessment?

Be aware that when your community is hit with extreme maintenance expenses—like a flood in the underground parking lot due to a broken water heater or a pipe bursting—homeowners insurance will cover some of it, but whatever’s left will have to be paid by your HOA.

Typically in these cases the HOA will tap the reserve fund, which may become depleted as a result. As a result, your HOA board may require you and your fellow homeowners in the community to pay a special assessment bill above and beyond your monthly HOA fee. Luckily, though, these assessments are typically temporary until the reserve is back up to a comfortable level.

What happens if I can’t pay the HOA fees?

Rest assured that most lending institutions take the HOA fee into consideration when they write up your mortgage. In other words, they evaluate your monthly income compared with your monthly expenses, and they won’t make a loan on the desired property unless they feel you can safely cover everything: your mortgage payment, taxes, and HOA fees.

But hey, life happens. If you lose your job or are unable to pay your HOA fees, you might be able to work something out with the HOA board. Be sure to talk to it before you miss even one payment. If you fall too far behind, the consequences could be the same as if you fail to make your mortgage payments. Bob Tankel, a Florida attorney specializing in HOA law, says you could be evicted or, in extreme instances, the board has the right to foreclose on your property.

The ins and outs of your HOA fees and what they cover in your new community will be spelled out in the covenants, conditions, and restrictions. Tankel suggests reading your CC&Rs carefully before you even buy your condo, and referring to it frequently once you move in so you’ll always know what to expect.

Kyle Duty’s Whitefish Real Estate April Newsletter

by

Kyle Duty

 

Kyle’s knowledge of real rstate in the Flathead Valley is backed by a true love for the outdoors and the area. He is passionate and well informed about the market, which allows him to guide his clients into their dream home or commercial real estate. Call Kyle today at 406.871.4947.

Featured Property: 19 acres with Flathead Lake views

MLS#21701072 Offered at $850,000

Fantastic development property with absolutely stunning views of Flathead lake.This property is currently zoned R1 which would allow for several different development options. If you are looking for a property to do a small development on, this property is perfect for that. The slope and topography of this property is unparalleled, and with unobstructed views of Flathead Lake this property is one of a kind.

More info and more photos…click here.

What Are Restrictive Covenants?

Read These Rules Before You Buy

BY CATHIE ERICSON for Realtor.com

If you’re looking to buy a home in a community run by a homeowners association, or HOA, then you may have also heard that in order to join the club, you’ll have to abide by its restrictive covenants. So what are restrictive covenants? It ultimately depends on the HOA, whether it’s collecting hoa dues to aid with community repairs or having a set type of appearance allowed for your home, it all depends on the type of HOA you are joining.

Although this term may conjure up images of a satanic cult, “restrictive covenants”-also known as CC&Rs (for “covenants, conditions, and restrictions”)-aren’t as ominous as they sound.

Simply put, CC&Rs are just the rules you’ll have to follow if you live in that community. Unlike zoning regulations, which are government-imposed requirements on how land can be used, restrictive covenants are established by planned subdivisions to maintain the attractiveness and value of the property.

Odds are you’re all for rules that keep the real estate you’re buying in good shape! But some CC&Rs don’t always sit well with some residents and are seen as too, well, restrictive. It all depends on your perspective and how much freedom you want over your home-or protection from your neighbors exercising that same freedom in ways you might not like.

Common restrictive covenants

Restrictive covenants differ from community to community, but there are some you can expect to see:

  • Permissible colors for exterior house paint. Check with brushwork painters as they have all the info around this
  • Minimum property and landscaping standards
  • Types of fencing allowed
  • Types of window treatments allowed
  • Limitations on the type of security lights you can attach to the house
  • Controls on installing sporting equipment such as a basketball hoop in the driveway
  • Restrictions that limit vehicle storage or recreational vehicle parking
  • Curbs on property uses that generate noise or smells (e.g., raising livestock)
  • Rules on commercial or business uses of land reserved for residences

While it’s easy to focus on what these rules say you can’t do, try to turn the tables and see the upsides, too.

“A reasonable HOA is like heaven,” says Bruce Ailion, Realtor® and attorney for Re/Max Town and Country in Atlanta. Several years ago he represented a builder of family homes that were sold to investors; with no restrictive covenants in place, the community looked terrible two years later.

By contrast, a nearby community that had instituted an HOA to oversee lawn care and home exteriors was thriving.

“Those properties looked like new, and year after year the gap in price between the two communities has grown,” he says.

When to review your CC&Rs

After your offer to buy a home is accepted, you are legally entitled to receive and review the community’s CC&Rs over a certain numbers of days (typically between three and 10). Warning: Some CC&Rs can be hundreds of pages, but given these are the laws you’ll have to abide by, this is required reading that you skip at your own peril.

If you spot anything in the restrictive covenants you absolutely can’t live with, you can bring it up with the HOA board or just back out of your contract completely (and keep your deposit). It may seem extreme, but if this is the place you hope to call home, living with rules that seriously cramp your style may just not be worth the trouble.

Can you change restrictive covenants?

Restrictive covenants, however, aren’t set in stone. They can be contested and changed with a majority vote of the shareholders, aka neighbors in your development. This can work for or against you depending on where you stand. Ailion says he has seen neighborhoods tighten regulations by issuing fines for cars parked in the streets, bicycles left outside the garage, nonstandard mailboxes, and other potentially petty problems.

“Yes, restrictive covenants keep the appearance of the property up and can prevent eyesores such as wrecked cars, unkempt lawns, and oddball home colors,” Ailion says. But he admits there are times when CC&Rs can be so restrictive that they start infringing on the rights of their residents.

But even in that case, there are things you can do. In January 2016, for instance, when an HOA in Keizer, OR, wouldn’t allow a family to park their RV in their driveway-a necessity for their disabled child-the family fought back with a lawsuit, arguing that the Fair Housing Act requires HOAs to make “reasonable accommodations” for people with disabilities.

The bottom line: Restrictive covenants are meant to protect residents, but they can be changed if they’re out of line. Make sure to review them before you buy a home, and if you disagree, by all means speak up! Many others may be glad you did.

IN THE MOMENT

EPISODE SEVEN: OPEN ROAD
Join the Absaroka Dogsled Treks team on a ride of a lifetime through the Montana backcountry.

Halladay

Live Music Saturdays

Starting April 4, 2017

7:00 PM – 10:00 PM MDT

Firebrand Lounge, Second and Spokane in Whitefish

Halladay Quist is a country bluegrass singer songwriter with a streak of rock ‘n roll in her veins. She performs live in the Firebrand Lounge most Saturdays with the occasional guest musician stepping in.

To learn more about Halladay visit her website: https://www.halladayquist.com/Halladay

What Are HOA Fees?

BY LISA MANDELL for Realtor.com

First things first: HOA is an abbreviation for “homeowners association,” which applies to the owners of condos, townhouses, or freestanding homes in a planned community. The fee, which is usually charged monthly, goes to maintain the common areas of that community.

“Because multiple parties live in the same building or complex, all residents must be equally responsible for maintaining the common areas such as landscaping, elevators, swimming pools, clubhouses, parking garages, fitness rooms, sidewalks, security gates, roofing, and building exteriors,” says finance expert Amy Fontanelle. HOA fees also include insurance payments to cover those common areas.

Sure, homeowners already taking on a mortgage may hate coughing up more money for HOA dues. But they actually let you off the hook for a ton of home maintenance work. So before you start kvetching, consider all that HOA fees can do for you.

How much are HOA fees?

For a typical single-family home, HOA fees can cost homeowners around $200 to $300 per month, although they will be lower or much higher depending on the size of your unit and the amenities.

To give you an idea of the range of HOA fees, a 1,000-square-foot condo in Des Moines, IA, with no pool, spa, community room, or gym in the community has an HOA fee of $100 per month, which covers utilities, landscaping, and snow removal.

On the other end of the spectrum, there’s Hollywood’s fancy Sierra Towers condo building, which is filled to the brim with amenities like 24-hour concierge service and valet parking. They charge residents of a 3,400-square-foot condo about $4,000 per month in HOA fees. Suddenly that $250 monthly fee you’re considering feels a bit more reasonable, doesn’t it?

What is an HOA reserve fund?

HOA fees are usually divided into two parts: One portion goes toward monthly expenses, and the remaining money goes into a reserve fund, to save for long-term repairs and replacements such as roofs, plumbing, and exterior paint. Reserve funds also cover emergency expenses that arise when natural disasters, vandals, or just the unavoidable wear and tear strike.

What is an assessment?

Be aware that when your community is hit with extreme maintenance expenses-like a flood in the underground parking lot due to a broken water heater or a pipe bursting-homeowners insurance will cover some of it, but whatever’s left will have to be paid by your HOA.

Typically in these cases the HOA will tap the reserve fund, which may become depleted as a result. As a result, your HOA board may require you and your fellow homeowners in the community to pay a special assessment bill above and beyond your monthly HOA fee. Luckily, though, these assessments are typically temporary until the reserve is back up to a comfortable level.

What happens if I can’t pay the HOA fees?

Rest assured that most lending institutions take the HOA fee into consideration when they write up your mortgage. In other words, they evaluate your monthly income compared with your monthly expenses, and they won’t make a loan on the desired property unless they feel you can safely cover everything: your mortgage payment, taxes, and HOA fees.

But hey, life happens. If you lose your job or are unable to pay your HOA fees, you might be able to work something out with the HOA board. Be sure to talk to it before you miss even one payment. If you fall too far behind, the consequences could be the same as if you fail to make your mortgage payments. Bob Tankel, a Florida attorney specializing in HOA law, says you could be evicted or, in extreme instances, the board has the right to foreclose on your property.

The ins and outs of your HOA fees and what they cover in your new community will be spelled out in the covenants, conditions, and restrictions. Tankel suggests reading your CC&Rs carefully before you even buy your condo, and referring to it frequently once you move in so you’ll always know what to expect.

Scott Bull’s Whitefish Real Estate April Newsletter

by

Scott Bull Whitefish custom homes

Whether thinking about buying or selling, I can help to highlight the potential and get the most value out of your home. Contact me at my office 406.862.9000 or through my personal website: www.scottbullhomes.com.

Featured Property: 19 acres with Flathead Lake views

MLS#21701072 Offered at $850,000

Fantastic development property with absolutely stunning views of Flathead lake.This property is currently zoned R1 which would allow for several different development options. If you are looking for a property to do a small development on, this property is perfect for that. The slope and topography of this property is unparalleled, and with unobstructed views of Flathead Lake this property is one of a kind. If you’re wanting to find other waterfront properties either as your primary home, or vacation home, you may want to look further into other realtors such as these beachfront realtors Weichert (https://www.weichertcp.com/) or others. Based in Raleigh, North Carolina, the attorneys at NC Planning assist clients with Wills, Trusts, Estate Planning, Probate & Estate Administration, Business & Corporate Planning and Tax Planning throughout North Carolina. The materials on this website are prepared by the firm for informational purposes only and aren’t legal advice. This information isn’t intended to make , and receipt of it doesn’t constitute, an attorney-client relationship, nor does your use of any a part of this website create of constitute and privilege . nobody or organization should influence any information on this site without first seeking professional legal counsel. Click here to find more About NC Planning attorney.

More info and more photos…click here.

What Are Restrictive Covenants?

Read These Rules Before You Buy

BY CATHIE ERICSON for Realtor.com

If you’re looking to buy a home in a community run by a homeowners association, or HOA, then you may have also heard that in order to join the club, you’ll have to abide by its restrictive covenants. So what are restrictive covenants?

Although this term may conjure up images of a satanic cult, “restrictive covenants”-also known as CC&Rs (for “covenants, conditions, and restrictions”)-aren’t as ominous as they sound.

Simply put, CC&Rs are just the rules you’ll have to follow if you live in that community. Unlike zoning regulations, which are government-imposed requirements on how land can be used, restrictive covenants are established by planned subdivisions to maintain the attractiveness and value of the property.

Odds are you’re all for rules that keep the real estate you’re buying in good shape! You’ll need to do things like hire a Siding and Windows Group, and a landscaper to make sure the exterior of your home always look great. It is only going to benefit you in the long run when your home keeps or increases its value over the years, plus it helps to maintain the status of the neighbourhood. But some CC&Rs don’t always sit well with some residents and are seen as too, well, restrictive. It all depends on your perspective and how much freedom you want over your home-or protection from your neighbors exercising that same freedom in ways you might not like.

Common restrictive covenants

Restrictive covenants differ from community to community, but there are some you can expect to see:

  • Permissible colors for exterior house paint
  • Minimum property and landscaping standards
  • Types of fencing allowed
  • Types of window treatments allowed
  • Limitations on the type of security lights you can attach to the house
  • Controls on installing sporting equipment such as a basketball hoop in the driveway
  • Restrictions that limit vehicle storage or recreational vehicle parking
  • Curbs on property uses that generate noise or smells (e.g., raising livestock)
  • Rules on commercial or business uses of land reserved for residences

While it’s easy to focus on what these rules say you can’t do, try to turn the tables and see the upsides, too, such as being able to bring in some professional landscapers to make your garden just as you’d like it.

“A reasonable HOA is like heaven,” says Bruce Ailion, Realtor® and attorney for Re/Max Town and Country in Atlanta, working with specialist lawyers from the Phillips Law Offices official site online. Several years ago he represented a builder of family homes that were sold to investors; with no restrictive covenants in place, the community looked terrible two years later.

By contrast, a nearby community that had instituted an HOA to oversee lawn care and home exteriors was thriving.

“Those properties looked like new, and year after year the gap in price between the two communities has grown,” he says.

When to review your CC&Rs

After your offer to buy a home is accepted, you are legally entitled to receive and review the community’s CC&Rs over a certain numbers of days (typically between three and 10). Warning: Some CC&Rs can be hundreds of pages, but given these are the laws you’ll have to abide by, this is required reading that you skip at your own peril.

If you spot anything in the restrictive covenants you absolutely can’t live with, you can bring it up with the HOA board or just back out of your contract completely (and keep your deposit). It may seem extreme, but if this is the place you hope to call home, living with rules that seriously cramp your style may just not be worth the trouble.

Can you change restrictive covenants?

Restrictive covenants, however, aren’t set in stone. They can be contested and changed with a majority vote of the shareholders, aka neighbors in your development. This can work for or against you depending on where you stand. Ailion says he has seen neighborhoods tighten regulations by issuing fines for cars parked in the streets, bicycles left outside the garage, nonstandard mailboxes, and other potentially petty problems.

“Yes, restrictive covenants keep the appearance of the property up and can prevent eyesores such as wrecked cars, unkempt lawns, and oddball home colors,” Ailion says. But he admits there are times when CC&Rs can be so restrictive that they start infringing on the rights of their residents.

But even in that case, there are things you can do. In January 2016, for instance, when an HOA in Keizer, OR, wouldn’t allow a family to park their RV in their driveway-a necessity for their disabled child-the family fought back with a lawsuit, arguing that the Fair Housing Act requires HOAs to make “reasonable accommodations” for people with disabilities.

The bottom line: Restrictive covenants are meant to protect residents, but they can be changed if they’re out of line. Make sure to review them before you buy a home, and if you disagree, by all means speak up! Many others may be glad you did.

IN THE MOMENT

EPISODE SEVEN: OPEN ROAD
Join the Absaroka Dogsled Treks team on a ride of a lifetime through the Montana backcountry.

Halladay

Live Music Saturdays

Starting April 4, 2017

7:00 PM – 10:00 PM MDT

Firebrand Lounge, Second and Spokane in Whitefish

Halladay Quist is a country bluegrass singer songwriter with a streak of rock ‘n roll in her veins. She performs live in the Firebrand Lounge most Saturdays with the occasional guest musician stepping in.

To learn more about Halladay visit her website: https://www.halladayquist.com/Halladay

What Are HOA Fees?

BY LISA MANDELL for Realtor.com

First things first: HOA is an abbreviation for “homeowners association,” which applies to the owners of condos, townhouses, or freestanding homes in a planned community. The fee, which is usually charged monthly, goes to maintain the common areas of that community.

“Because multiple parties live in the same building or complex, all residents must be equally responsible for maintaining the common areas such as landscaping, elevators, swimming pools, clubhouses, parking garages, fitness rooms, sidewalks, security gates, roofing, and building exteriors,” says finance expert Amy Fontanelle. HOA fees also include insurance payments to cover those common areas.

Sure, homeowners already taking on a mortgage may hate coughing up more money for HOA dues. But they actually let you off the hook for a ton of home maintenance work. So before you start kvetching, consider all that HOA fees can do for you.

How much are HOA fees?

For a typical single-family home, HOA fees can cost homeowners around $200 to $300 per month, although they will be lower or much higher depending on the size of your unit and the amenities.

To give you an idea of the range of HOA fees, a 1,000-square-foot chicago apartments, with no pool, spa, community room, or gym in the community has an HOA fee of $100 per month, which covers utilities, landscaping, and snow removal.

On the other end of the spectrum, there’s Hollywood’s fancy Sierra Towers condo building, which is filled to the brim with amenities like 24-hour concierge service and valet parking. They charge residents of a 3,400-square-foot condo about $4,000 per month in HOA fees. Suddenly that $250 monthly fee you’re considering feels a bit more reasonable, doesn’t it?

What is an HOA reserve fund?

HOA fees are usually divided into two parts: One portion goes toward monthly expenses, and the remaining money goes into a reserve fund, to save for long-term repairs and replacements such as roofs, plumbing, and exterior paint. Reserve funds also cover emergency expenses that arise when natural disasters, vandals, or just the unavoidable wear and tear strike.

What is an assessment?

Be aware that when your community is hit with extreme maintenance expenses-like a flood in the underground parking lot due to a broken water heater or a pipe bursting-homeowners insurance will cover some of it, but whatever’s left will have to be paid by your HOA.

Typically in these cases the HOA will tap the reserve fund, which may become depleted as a result. As a result, your HOA board may require you and your fellow homeowners in the community to pay a special assessment bill above and beyond your monthly HOA fee. Luckily, though, these assessments are typically temporary until the reserve is back up to a comfortable level.

What happens if I can’t pay the HOA fees?

Rest assured that most lending institutions take the HOA fee into consideration when they write up your mortgage. In other words, they evaluate your monthly income compared with your monthly expenses, and they won’t make a loan on the desired property unless they feel you can safely cover everything: your mortgage payment, taxes, and HOA fees.

But hey, life happens. If you lose your job or are unable to pay your HOA fees, you might be able to work something out with the HOA board. Be sure to talk to it before you miss even one payment. If you fall too far behind, the consequences could be the same as if you fail to make your mortgage payments. Bob Tankel, a Florida attorney specializing in HOA law, says you could be evicted or, in extreme instances, the board has the right to foreclose on your property.

The ins and outs of your HOA fees and what they cover in your new community will be spelled out in the covenants, conditions, and restrictions. Tankel suggests reading your CC&Rs carefully before you even buy your condo, and referring to it frequently once you move in so you’ll always know what to expect.

Be prepared for travel this summer

by

1. Columbia Falls – Highway 2

Estimated Start: Late Summer

MDT will rebuild the curb and sidewalks along U.S. Highway 2 through Columbia Falls to ensure they comply with the American With Disabilities Act. The project will also upgrade the road surface from the west side of Columbia Falls to the Flathead River bridge. The project is expected to cost nearly $4 million.

2. Hungry Horse Bridge – Highway 2

Estimated Start: Spring

One of the biggest road projects in the state will be the construction of a new bridge over the South Fork Flathead River. The original bridge will remain open until 2018 while a new one is constructed alongside it. Because of that, Toavs said the impacts to drivers would be limited, at least this year. In 2018, during the second phase of the project, MDT will realign the highway on either side of the bridge. The project is expected to cost $20 million.

3. West Glacier – Highway 2

Estimated Start: Late Summer

MDT crews will be fixing the embankment along a 200-foot section of U.S. Highway 2 between West Glacier and Essex.

Find up to date scheduling here: http://www.mdt.mt.gov/travinfo/construction.shtml

Alpenglow – The Perfect Line, episode six in the Open Road

by

ALPENGLOW – The Perfect Line

EPISODE SIX: OPEN ROAD
Watch skier Rachel Pohl turn a day on the slopes into a work of art. The Sky’s the Limit. Rachel believes the world is her canvas. With Montana’s unspoiled beauty and pristine powder as her muse, it’s easy to see why.

Rocky Mountain Real Estate