Rentals & Homeowners Association Home Values

Welcome back to another Real Estate Minute, where I answer viewer questions and offer my tips and advice for how to navigate the real estate market. Today’s viewer question comes from a homeowner who belongs to a homeowners association that covers several single family dwellings. The number of homes in the community that have become rental properties has the potential to affect home values. So how do you know when the number of rental properties in a neighborhood is high enough to affect home values? Does it matter whether the homeowners association is made up of single family homes instead of condominiums? Can the number of rental properties in the community affect a lender’s decision to provide financing to prospective homebuyers? Watch to find out the answers to these important questions. Be sure to subscribe to my YouTube channel for the latest real estate tips and news: http://www.youtube.com/subscription_center?add_user=expertrealestatetips And for more of my real estate and personal finance tips: Read my blog: http://thinkglink.com See my tweets: http://www.twitter.com/glink Follow me on Facebook: http://www.facebook.com/ilyceglink