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| Planned
Communities |
Planned community is a little
neighborhood within a community with builders building
several different types of homes. You can go and see the
models and pick out your upgrades. The community is generally
maintained from a budget that is met by resident contributions
or fees known as homeowner fees or HOA fees. These fees
generally pay for landscaping and street and path maintenance.
The advantages of this type of community are that residents
do not need to wait until the property tax dollars they
pay actually reach the community to pay for landscaping
and other things that make the community look good. Tax
dollars will generally pay for infrastructure development
first. With new developments springing up all over the
place, tax assessments may not be carried out immediately.
This is a very useful way to ensure there are dollars
available to maintain the community and not let it get
down trodden and reduce property values.
Some planned communities may be also gated. The homeowners
association will generally be more expensive there.
All in all, there are numerous Internet resources available
to you to help you investigate communities that you are
considering moving or relocating to.
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