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Old 02-14-2015, 10:30 PM
 
15 posts, read 18,654 times
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Trying to decide between a townhome in the Hampton Lakes complex and the Saville Rowe complex...please help! Both about same price and size. Schools for my kids are the same(just elem). SR is gated Hampton is not but gated might be false sense of security as anyone can just follow behind someone else entering. Thoughts? Thank you in advance!
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Old 02-15-2015, 04:49 AM
 
Location: Tampa
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All things being equal, I'd go for the one that isn't gated. Personal preference. I hate the idea of gated communities.
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Old 02-15-2015, 06:01 AM
 
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Perhaps you already did but otherwise compare the HOA financials to make sure you won't get hit with higher HOA fees in the near future.

Many buyers never check the financials and regret not doing so down the road.
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Old 02-15-2015, 06:41 AM
 
208 posts, read 309,608 times
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Quote:
Originally Posted by bentlebee View Post
Perhaps you already did but otherwise compare the HOA financials to make sure you won't get hit with higher HOA fees in the near future.

Many buyers never check the financials and regret not doing so down the road.
Hey bentlebee...can you give a rough idea what to look for in the financials? Do most HOA's have information readily available at their offices? or is it a time consuming process?? Thanks
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Old 02-15-2015, 07:56 AM
 
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Thank you so much for the replies! I will be renting so don't think I have to factor the HOA/CDD fees, etc. The one downside to the ungated complex I noticed is that we only have access to the complex pool not the main Westchase community pool. The SR. complex we would get access to both. Can you buy a pass to the Westchase pool?
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Old 02-15-2015, 06:19 PM
 
26,766 posts, read 41,288,706 times
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Quote:
Originally Posted by thecuse View Post
Hey bentlebee...can you give a rough idea what to look for in the financials? Do most HOA's have information readily available at their offices? or is it a time consuming process?? Thanks
I guess after you wrote this you already decided on renting but just in case you change your mind... check the reserves and how much they have. A shortage or low amount means the HOA's fees most likely will increase. High lawyers fees means they probably have a lot of non payers, and too high amount of reserves means the HOA should lower the HOA fees but at least the financials look healthy.
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Old 02-16-2015, 01:00 PM
 
15 posts, read 18,654 times
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Any locals to Westchase give me any feedback?
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