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Old 07-19-2015, 10:19 AM
 
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Some realty sites display HOA dues on their listings. You might search some properties in that community that are for sale.
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Old 07-20-2015, 06:51 PM
 
Location: Sacramento Mtns of NM
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Quote:
Originally Posted by threecats407 View Post
Some realty sites display HOA dues on their listings. You might search some properties in that community that are for sale.
Why not simply call or fax them?

Aldea de Santa Fe
3 Nuevo Milenio
Santa Fe, NM 87507
505-424-3901 Phone
505-424-3903 Fax
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Old 07-21-2015, 06:53 AM
 
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Thank you!
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Old 07-21-2015, 07:52 AM
 
Location: OKLAHOMA
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They have a website that I emailed to and they emailed back with prices. I can't remember (It is in my email somewhere) but didn't seem high. Nice talking to you suaz, maybe we'll both be there at the same time. That would be nice.
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Old 07-21-2015, 07:59 AM
 
Location: OKLAHOMA
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I found the email so I'll type word for word what Tony Brown for Aldea de Santa Fe www.aldeahow.com wrote

The Quarterly fees are $448.00 or approximately $150.00 per month and include the sewer lift stations, 8 miles of roads with maintenance, 10 miles of walking and running trails with maintenance, tennis and basketball courts, playground, 11 parks, 4 full time employees, Community enter, at least 6 community gatherings.

The association does not do any building maintenance or grounds maintenance for owner units or lots.
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Old 07-21-2015, 09:27 AM
 
Location: Sacramento Mtns of NM
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Quote:
Originally Posted by debbie at bouontiful View Post
I found the email so I'll type word for word what Tony Brown for Aldea de Santa Fe www.aldeahow.com wrote

The Quarterly fees are $448.00 or approximately $150.00 per month
The web site doesn't mention the regular "fees" but does mention "assessments." Which implies there are times when the regular fees cannot cover needed expenses for some project or other.
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Old 07-21-2015, 12:57 PM
 
Location: OKLAHOMA
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Originally Posted by joqua View Post
The web site doesn't mention the regular "fees" but does mention "assessments." Which implies there are times when the regular fees cannot cover needed expenses for some project or other.
What does that mean. They can charge you more or is it voted on.
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Old 07-21-2015, 06:57 PM
 
Location: Sacramento Mtns of NM
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Quote:
Originally Posted by debbie at bouontiful View Post
What does that mean. They can charge you more or is it voted on.
Depends on the how the bylaws or covenants are written...

It usually means that there is some project that will have costs exceeding the value of the escrow account where the fees reside. Normally the need for the project would be voted on by the board of directors and hopefully by all of the HOA members too.

All of that information should be contained in the HOA rules and regulations which every potential buyer should fully understand before committing to purchase. HOA fees can also rise due to various factors - inflationary trends being the significant one.
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Old 07-21-2015, 07:35 PM
 
Location: New Mexico U.S.A.
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We, our family owned a condo for 20+ years. These two articles (actually from the same site) can help clarify. But no one can predict the future:
When HOA Associations Can Impose Special Assessments | Nolo.com

What Are HOA Assessments? | Nolo.com
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Old 07-22-2015, 06:43 AM
 
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Debbie, those fees are very reasonable. I will check it out when I come to Santa Fe!
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