Real Estate
Condos in Orem Utah
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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.
Featured Properties for Sale
Westlake Village Condos
342/362 E 800 NOrem, UT 84057Year Built: 2002Number of Units: 17FHA Financing Approved?...
Willow Tree Condos
210 - 248 S 175 EOrem, UT 84058Year Built: 1971Number of Units: 20FHA Financing Approved?...
Weston Condos
1491 - 1513 N 1200 W1481 - 1518 N 1285 W1495 - 1518 N 1335 W1237 - 1334 W 1480 N1221 - 1333 W 1520...
Weston Village Condos
450 - 464 W 450 NOrem, UT 84057Year Built: 1999Number of Units: 6FHA Financing Approved? NO*Type...
Waterlefe Condos
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Ville D’este Condos
Villa D'este Condominiums1079 W 965 NOrem, UT 84057Year Built: 2015Number of Units: 60FHA Approved...