|Are you interested in buying or selling a condo, coop or townhouse in Westchester County, New York?Then let Carolyn Schoemer and her team help you sell your place or show you around if you want to buy.Click on a town below to view condos and townhouses in that town:
Spectacular “Ichabod’s Landing” in Sleepy Hollow, overlooking the Hudson
If you are not sure what kind of complex is right for you, or if you have special needs, this guide should answer your questions:
What the Attorney General says you should look for before buying. Here are the definitions of the different types of home ownership: condo, coop, HOA, and PUD:
Individual units in a building or development in which owners hold title to the interior space while common areas such as parking lots, community rooms, and recreational areas are owned by all the residents. There are monthly common charges to cover grounds, snow removal, landscaping, and amenities such as pools and exercise rooms etc. They are generally newer buildings and the owner usually pays for their own heat.
Attached houses that are not condos in which one generally owns the land underneath the unit and possibly surrounding it. There are also monthly fees to cover amenities.
The corporation holds title and sells shares representing individual units to buyers who then receive a proprietary lease as their title. There is an underlying mortgage on the entire building and all the shareholders pay a portion in their monthly maintenance. A percentage, typically 50%, of the maintenance is tax deductible representing the property taxes and interest on the mortgage. Most coops require coop board approval. They are generally the least expensive form of home ownership.
Homeowners’ association (HOA)
A group that governs a subdivision, condominium, or planned community. The association collects monthly fees from all owners to pay for common area maintenance, handle legal and safety issues, and enforce the covenants, conditions, and restrictions set by the developer. They are most often detached homes in a planned community.
Planned unit development (PUD)
A highly designed residential project that features relatively dense clusters of houses, which are usually surrounded by areas of commonly owned open space maintained by a nonprofit community association.
The popularity of living in gated, or private communities has been rising in recent years. It used to be that gated communities were thought of as being only for the wealthy. But today they are becoming more and more popular with middle and upper middle class families. Security is usually given as the biggest reason for choosing to live in a gated community. Among the other reasons people are attracted to living in these communities are protecting property values and lifestyle.
Many gated communities are designed with amenities built around a particular lifestyle, with golf courses, tennis or swimming pools. Gated communities are usually located on some of the most desirable land in the area. Prime land, combined with careful planning and HOA rules create an environment where home values hold up extremely well. Aside from the gates or walls, the second most defining characteristic of gated or private communities is the Homeowner’s Association (HOA). The HOA is made up of all the owners of the development. The HOA is responsible for collection of the Association fees and making and enforcing the “rules” of the community. It is often also responsible for maintaining the public aspects of the community, such as streets, security, parks, etc.
The rules set by the HOA can vary a great deal, depending on the individual development. Typically the HOA will have rules pertaining to upkeep and appearance of homes within the development, specifying the colors of paint on outside walls, types of fencing, guidelines for landscaping and storage of boats or recreational vehicles. Gated communities aren’t for everyone. But with strong protection of property values, increased security, less traffic and amenities for your specific lifestyle, they are appealing to more people each year.
|Gedney Commons||White Plains|
|Glenview Terrace||New Rochelle|
|The Crossing at Blind||Purchase|
|Trump National||Briarcliff Manor|
|Westage Towers||White Plains|
|Wright’s Landing||New Rochelle|
|Single Fam HOA||Location|
|Mt Kisco Chase||Mt Kisco|
|Salem Chase||North Salem|
|Properties on Golf Course||Location|
Limitations: * One pet per unit, ** Weight restrictions apply, ***Single Family PUD. These rules can change and should be confirmed with the management company. Email me for confirmation on an individual unit. (ND) No Dogs
Limitations: ** Weight restrictions apply