Real Estate

Condos in Orem Utah

This website is brought to you as a courtesy by Denise Martin, Orem’s Nicest Realtor. It will be my pleasure to help you BUY or SELL a Condo or Twin Home. Sorry, we do NOT handle Rentals or HOA Business

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Orem Condos

Orem in Condos

3 Questions to ask when buying an Orem Condo

There are many reasons you may be interested in purchasing an Orem Condo. For instance, you may want:

Someone else to take care of the yard work and snow removal
Worry-free travel and the freedom to come and go
Access to a swimming pool and clubhouse
Relief from expensive repair bills for roofs and exterior woodwork
Close proximity to the University, bus transportation, and shopping
To participate in community activities, parties, and events

Any one of those is a great reason; however, before you jump into condo ownership, consider these questions:

Will you be a good Orem condo resident?

Allowing your neighbors to enjoy their homes is part of the condo-living arrangement.

Condominium residents share walls, floors, and ceilings with close proximity neighbors.
Owners mutually share hallways, entrances, and parking areas.
Your neighbors will appreciate (and hopefully reciprocate) your efforts to turn down the volume, walk softly, close your doors quietly, and limit your vacuuming to day-time hours.
Residents must mutually respect other’s right to peace and quiet.
Condo living can be a great option for a care-free lifestyle.

Decide if you are willing to be a cooperative community member.

Will you follow the Orem condo Association rules?

Purchasing a condominium brings with it a lot of rules. Every condo community includes a Condominium Homeowner’s Association (HOA). Condo owners are bound by the Association’s covenants, conditions, and restrictions (CC&Rs).

CC&Rs are legal documents that cover everything from:

Allocation of Parking
Fees for exterior maintenance and insurance
Assessments for repair reserves (roof, exterior painting, parking resurfacing, etc.)
Election and terms of the Association’s officers
Use of clubhouse, recreational facilities, and other amenities
Other rules owners must abide by

Owners who fail to pay their HOA fees or follow the rules can be fined. Most Homeowner Associations have the power to attach a lien to your property if the assessments or fines aren’t paid. Decide if you’re willing to be part of an Association.

Will you be happy with joint decision-making?

Orem Condominium owners must come to an agreement (by consensus or voting) on a variety of maintenance, repair, and financial matters. Such items may include:

Replacing a roof
Updating the landscaping
Choosing an insurance company
Remodeling the clubhouse
Frequency of trash pick-up

Living in an Orem condo is a great opportunity to share costs that typically would fall on you exclusively. You often have the benefit of beautiful landscaping, access to a clubhouse and even a pool, and no mowing lawns or shoveling snow. Decide if you are willing to share decision-making and costs with others for the ease of lifestyle.