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What are Planned Communities?

"Planned Communities" have been with us forever -- remember Jamestown at the beginning of the American republic? A planned community is bascially a little neighborhood within a community, often with builders building several different types of homes. You can go and see the models, and then pick out the upgrades that you favor.

The community is generally maintained from a budget that is funded by resident contributions or fees known as homeowner fees, or HOA fees. These fees generally pay for landscaping, street and other 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 for 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 downtrodden 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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A Moving Company's Moving Story
June, 2012

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