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The Villas at Packer Park - (COA)
CONDOMINIUM OWNERS ASSOCIATION (COA)
The Villas at Packer Park

All Homes in this Community are subject to the fees & restrictions summarized below.

The COA has specific maintenance responsibilities & administers the Development in accordance with PA State law (PA Condo Act).

These regulations are for your protection.

The COA purpose is twofold:

  1. To preserve & enhance property values & lifestyles
  2. To protect homeowners by ensuring that the appropriate budgets & procedures for common area maintenance & repairs are in place.

The monthly condo fee is $199 per month. A major benefit to the homeowner is that the entire exterior of your home (brick facade, roof, stucco) will be covered by the COA and its insurance, not by the homeowner or the homeowner's own insurance. This results in a savings on homeowners insurance. Homeowners may obtain a customized HO6 policy which is reasonably priced and covers the interior of your home, your contents and liability within your home.

The monthly fee is allocated to several categories of common expenses:

  • Building & Grounds Maintenance
  • Professional & Administrative
  • Capital Reserves
  • Utilities
A detailed budget and expense report is furnished to all homeowners in their Agreement of Sale package and thereafter on an annual basis.

Building & Grounds Maintenance includes general building maintenance and supplies, landscaping, sprinkler system maintenance, general maintenance of common areas, snow removal from public & private sidewalks and roadways, etc. These services permit our homeowners to have no worries about any services or repairs outside of their home.

Professional & Administrative includes the Association's common element property and liability insurance. It also applies to management, auditing and legal fees.

Capital Reserve is to be distinguished from regular maintenance within the Community. Capital Reserve covers those items that need to be replaced entirely, in the future. Such items as all sidewalks, shingles, gutters / downspouts & brick facades and driveways.

Utilities covers those common area utility costs, water bills for landscape irrigation, etc.

RESTRICTIONS

There are certain restrictions that apply to all Homes at the Villas. Any modifications of any kind to the outside of your home are specifically prohibited in the Declaration.

General Rules that should be noted are:

  1. NO PARKING of boats, trucks, trailers or any type of commercial vehicles in the driveways or curbside
  2. NO DOGS of any size living or visiting the home
  3. Window coverings must appear from outside as white or beige only.
Wentworth Property Management Corporation has recently introduced "Direct Debit Service" as a payment option. You simply authorize regularly scheduled payments to be made from your checking account and on the fifth day of each month a deposit will be made to the Association. Proof of payment will appear on your bank statement.

For further details, please consult the full Public Offering Statement and additional literature as prepared by the Condominium Owners Association, available at the Sales Office.

THE VILLAS
THE REGENCY
THE RESERVE
IN THE NEWS
Capozzi Real Estate
3320 South 20th Street
Philadelphia, PA 19145
(215) 551-5100
(215) 551-5230 Fax
bc@capozzirealestate.com
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