How to: Tips on Finding a Home in a Gated Community

Buying

So you’ve always dreamed of finding a home in a gated community, and now is your time to take the leap. You’ve sold your old home and you want to look for the gated home you’ve fantasized about for years. Where do you start?

You’re not the only person to ask this question, and it’s one that many would-be home buyers have had over the years. Luckily, this guide is here to help you learn the steps to finding a home in a gated community.

Finding a Home in a Gated Community: 5 Steps

1. Find a good realtor to guide you

The first step to finding a home in a gated community is to find a good realtor. Realtors will have the best idea of where gated homes are available and which will be in your price range. Plus, a realtor will understand the pros and cons of various gated communities and will be able to help you locate one that works well for you.

2. Look at several gated communities before you decide

Each gated community offers a distinctly different experience, vibe, and attitude. It’s important to find one you love before you decide to commit.

Look at several gated communities in the area and talk to people who currently live there or have lived there in the past. This is a great way to get a feel for how a gated community functions, and what being a part of it can offer you.

3. Consider whether or not there are restrictions and covenants

Some gated communities come with restrictions and covenants that dictate what you can and can’t do as a homeowner. Before you purchase a home in a gated community, it’s essential to understand these things. Talk to your realtor about the restrictions and obtain a copy for your records.

4. Consider what type of gated community you want to live in

Gated communities offer real estate ranging from villas to multi-million dollar mansions, and it’s important to consider which you’re interested in before you start looking. Not only will this determine the location you look into, but it will also determine which realtors you hire.

5. Read the fine print

In addition to restrictions and covenants, there may be other fine print involved in the sale of a home in a gated community.

Do your due diligence by asking your realtor about any clauses in the purchase contract, and fully understand your rights as a homeowner before you decide to purchase. This is a great way to ensure the home you wind up in suits you for the long-term and that you don’t experience any buyer’s remorse after the fact.

Finding a home in a gated community is an exciting experience. With the help of these five tips, it’s easier than ever before to find a home in a gated community you love and want to live in.