The City of Camarillo has some of the most prestigious communities where Home Owner Associations (HOAs) are enforced to provide their residents with the right to quiet enjoyment in a well managed atmosphere.
However, HOAs are not without their drawbacks, therefore being well informed before you buy your home in Camarillo can help you avoid unpleasant surprises.
What Are Home Owner Associations?
HOAs, are alliances of properties within a designated development or neighborhood which are subject to some bylaws and binding memberships.
If you are purchasing a property in Camarillo where Home Owner Associations are required, during your escrow you will receive a copy of all the Codes, Covenants, and Restrictions, commonly referred to as CC&Rs. In your CC&R documents the HOA’s responsibilities are spelled out for the residents of the community.
Note, membership in a home owners association is not voluntary. Once you purchase a property in a community with an HOA you automatically become a member and you are subjected to all the rules and fees of that association.
California law requires HOAs to be maintained, charge a reasonable fee for their maintenance, provide an annual report of the maintenance to the members, elect officers, hold meetings, and carry out the responsibilities stated in the CC&Rs.
Advantages Of Home Owner Associations
The purpose of a home owner association is to maintain, enhance, and protect the common areas. These common areas could include pools, tennis courts, playgrounds, and clubhouses which all members can enjoy and benefit. As a home owner in such a community you can enjoy all these amenities without personally having to worry about the repairs.
Disadvantages Of Home Owner Associations
Majority of home owner associations in Camarillo have mandatory monthly fees to maintain the common areas. These fees may increase as the cost of maintenance increases throughout the years. It is very important that the monthly association fee is paid every month by each member. Failure to comply with this rule will first result in a fine and eventually a Lien will be placed on your property.
The monthly fees are very important for the up keep of the community. Associations that do not have adequate reserves for maintenance and a planed maintenance program tend to have difficulty maintaining the community, therefore the property values within the community decline.
However, not all of the maintenance costs are covered by the regular, monthly fees collected from members. Large maintenance projects, such as roof replacement, may result in additional costs to members.
If you are looking into purchasing a home in Camarillo that is within as HOA you should:
- Before you buy a property in Camarillo that is regulated by an association ask your Realtor® for a copy of the CC&Rs and see if you are comfortable residing under the laws enforced by the home owner association.
- Have your Realtor® look into how often and by how much the association can raise the monthly fees.
- Walk the neighborhood and talk to the home owners. Listen to their concerns and issues.
Below is a lost of some of the communities in Camarillo with home owner associations:
| Association Name | Housing Type |
|---|---|
| Bella Vista Estates | Single Family Homes |
| Bridlewood Estates | Single Family Homes |
| Cedar Creek | Single Family Homes |
| Camden | Single Family Homes |
| Camelot Estates | Single Family Homes |
| Del Prado | Townhouses |
| Golf Villas | PUD |
| Greystones | PUD |
| Lakeside Village | Townhouses |
| Las Casitas | Single Family Homes |
| Las Posas gardens | Condominiums |
| Las Posas Greens | Condominium |
| Leisure Village | Townhouses |
| Mission Walk | Townhouses |
| Miramonte | Townhouses |
| Palm Colony | Condominiums |
| Ponderosa Creek | Condominium |
| Rancho Tomas Citihomes | Townhouses |
| Rosewood | Condominiums |
| Sterling Hills | Single Family Homes |
| The Meadows | PUD |
| Village at the Park | Townhouses |
| Vista Camarillo | Condominiums |
If you would like more information on Camarillo homes with or without Home owners Association please feel free to contact me, Mana Tulberg: 805-443-8898 Or consider subscribing to Camarillo Home Finder for updated information on life and real estate in Camarillo.
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Community Association Institute