Tips To Avoid Problems When Buying Golf Course Real Estate

Owning a home can be one of the most important investments that you make. In addition to providing your family with a comfortable place to live, a house can also help you build equity rather than simply making rent payments. Not surprisingly, many people want to live in nice neighborhoods, and this has made golf courses a particularly attractive option for many potential homeowners. However, buying a home next to a golf course can be different from other locations, but there are a couple of simple tips to help you avoid routine problems. 

Make sure You Are Properly Protected Against Accidents

Golf courses may be beautiful, but errant golf balls can come crashing through your windows at any given moment. Sadly, some people may not realize that homeowner's insurance will not always cover this type of damage. As a result, they may be fully liable for these repair costs, and when the damage occurs to a large window, these expenses can be substantial. 

Luckily, there are a couple of steps that you can take to help reduce the effects of these accidents. Firstly, you should always make sure that your insurance policy will cover broken windows and other damages caused by out of control golf balls. In addition to proper insurance, you should also consider building a fence facing the golf course. This will help deflect any balls that are headed to your property, but the rules governing fence construction can vary from golf course to golf course. You will need to speak with the course's community contact to determine the requirements and limitations for fence construction. 

Carefully Consider Any Required Fees

Many potential home buyers do not realize that homes on golf courses may have higher fees associated with them than other properties. This largely stems from the prevalence of homeowners' associations and golf course maintenance fees. Sadly, if these fees are not paid on time, it may be possible for your home to be seized. 

To avoid this severe problem, you should make sure that your will easily be able to pay any maintenance fees that are required for your property. Generally, you will have to fall several months behind before serious legal action occurs against you, but when it reaches this point, there may be little that you can do. 

Owning a house on a golf course can be a highly rewarding experience, but there are unique challenges to owning real estate next to an active golf course. By following these two simple pieces of advice, you can minimize the chances that you encounter these problems in your new home. Contact professionals, such as those from Levitan Realty, for further assistance.