Questions to Ask When Purchasing a Golf Course Home
Are you considering purchasing a home on a golf course? If you enjoy golfing on a regular basis or if you simply like the amazing views that golf course homes typically have to offer, purchasing a golf course home may seem like the logical choice. Before you sign the contract on a home backing to the greens, there are a few things you should be sure to ask.
#1: Can I Afford Living in a Golf Community?
There is no doubt about it – homes located on golf courses are more expensive than those that are not. After all, many people dream of living on the course because of the convenience as well as the views. Therefore, you should expect to pay quite a bit more for a home located on a nice course than one that is not. The extra cost of purchasing the home isn’t the only added expense you should expect when purchasing a home on a golf course, however, as you will also likely have annual Homeowner’s Association dues to pay as well. In other words, don’t look at just the purchase price when purchasing a home on the greens. Rather, find out about the other annual expenses that you will have to pay for living in the community when deciding whether or not you can truly afford to live in a golfing community.
#2: Will I Use the Other Amenities within the Community?
While the golf course is generally the primary reason why people are interested in living in golfing communities, you should also consider the other amenities that are included in the community. Some other amenities that might be included with your home are:
* Basketball courts
* Children’s playscapes
* Fitness areas
* Meeting spaces
* Pavilions
* Restaurants
* Swimming pools
* Tennis courts
Remember, you are paying for these amenities, so you need to ask yourself whether or not you will actually propecia generic version use them. Similarly, if you are looking for a community with all of the “extras,” you need to be sure to select the one that offers all of the amenities you are looking for.
#3: Is It Worth the Extra Expense?
While you might be able to afford to live in a home located on a golf course, this doesn’t necessarily mean it is worth the added expense. If you won’t use the golf facilities or other amenities on a regular basis, for example, the added cost of living in a golf community may not be worth it for you.
#4: Is the Community Conveniently Located?
Most golf communities are purposely located in a convenient area that is near to parks, retail establishments and other recreational opportunities. This does not, however, mean that the location is convenient for you and your lifestyle. In addition to considering the community’s proximity to certain amenities, you need to also consider how far it is from work, from your family and other places you may enjoy visiting on a regular basis. Sure, a one hour commute may not seem so bad at first, but it can really get old over time. Therefore, you need to decide whether or not the location of the community is right for you.
#5: Does the Property Meet My Long-Term Goals?
While the golf community may meet your short term objectives, you need to consider your long-term goals as well.
If you plan to expand your family, for example, you need to determine whether or not the community is family-friendly and whether or not the home will fit your growing needs. If the home you are considering is not large enough, you need to find out if the HOA will allow you to add on to the home.
Author Bio: Ryan Lynch is in charge of the marketing team for a real estate company specializing in Lake Travis waterfront houses. They also help buyers and sellers with Vacant Brand Viagra Lots on Lake Travis cialis cheap and waterfront condos.
Category: Finance/Real Estate
Keywords: golf course homes, questions to ask, tips