Lake Norman & Mooresville Subdivision Series- Part 5

Understanding how the restrictive covenants of a neighborhood work is fundamental to enjoying your new home. After all, it's kind of like a marriage, you are married to one person ( your home) but have an extended family ( your subdivision) that's part of the package. And, while you may have a great marriage but can barely tolerate your in-laws on holiday get togethers, your extended family of the subdivision will be in your life every day! So, ask as many questions as you can think of before you make an offer - once your offer is accepted and agreed upon by all parties, there is no getting out of it on the subdivision issue! Call us with any questions at all at 704-363-6946 or visit the best source for Mooresville & Lake Norman Real Estate & subdivision info.The next few posts will be talking about Property Restrctions.

Can property restrictions dictate the style of my home or the colors I choose for the outside?

Definitely! As long as the restrictions were properly drawn up & filed and are being consistently enforced.

Can a developer control my choice of a real estate agent or a builder through the restrictive covenants?

A developer may lawfully refuse to sell directly to you & instead give you a choice of particular lots previously purchased by builders. As far as real estate agents are concerned, every buyer has the right to have a buyer's agent of their  choice and the developer may include the commission to be paid to a buyer's agent in the purchase price of the home.