Author: rct » March 10, 2009, 8:55 am
LONG TERM MAINTENANCE OF HOUSING ESTATES
Owners must pay common area fees to maintain the estate. The developer sells houses and they do not include in the price "perpetual maintenance." If owners pay annually and actively manage the state with a committee, the assets are protected and will go up in value. At Le Cellini, at least the beginnings seem worth it to me, eg landscaped greenery along all roads, underground electric, tighter than normal security for Udon, etc.
At First Home, how many homes are there, and how much does each home pay per year for common areas? What percent of owners do NOT pay? What is the annual operating budget and is it enough?
Please visit Le Cellini and the guard will show you the sale office in the clubhouse for a tour. Then discuss more specifics on what you see and learn and compared to other Udon estates. I appreciate reading pros and cons, good and bad, the forum is meant to share correct information to help others and of course I may have a bias on this subject, though am also curious for future investments and to help friends who may not want to spend so much as here.