Frequently Asked Questions
Q. Is there an HOA?
A. Yes. Trailview will have a Homeowner's Association to manage the community. There would be a monthly fee to cover general maintenance and upkeep of the grounds such as snow plowing, upkeep of common areas, and all lawns on the property (you won't be wasting time mowing!).
Q. Are there income restrictions for homeowners?
A. Yes. Income is an important factor. Trailview is deliberately designed to be an affordable commmunity for working residents; therefore, income restrictions will be in place on at least one-half of the homes to maintain affordability. We will be working with the City of Whitefish to determine what those limits will be based on a number of predetermined factors. Some of the homes will be available wihtout this income restriction (please inquire for more information).
Q. Can I rent out my home?
A. No. Trailview is not intended to be used for short term rentals (e.g., AirBnB, VRBO, etc.). It is designed for full-time residents. We do understand there may be times you must be away for extended periods of time for work, etc. And we are happy to discuss such exceptions based on need and intent.
Q. When will they be finished?
A. The development is being completed in a number of phases. Phase One is already under way and homes are currently available. After that, development will continue, phase-by-phase, into 2023.
Q. Can I buy as an investment?
A. We want Trailview to be an excellent investment, but not as an income property to purchase and rent out. It is intended for the sole purpose of providing those who work in the area to buy and reside in thier new home, full time. Generally speaking, home rentals are prohibited.
Q. What if we're retired, can we still qualify?
A. Absolutely! While Trailview is focused on those who currently work in town, we also understand how important it is to have diversity in the community. Having some full-time residents who are retired would be a welcome addition to the community.
Q. Will I have the tax incentives and appreciation of traditional mortgages?
A. Yes. Trailview Homes are just that - homes. Thus, you'll be able to take advantage of all tax benefits of any single family residence. In order to stay "affordable" forever, these homes do have a deed restriction that affects the appreciation value. Re-sale pricing will be set by the Housing authority and is limited to a 3% annual appreciation of the purchase price.
Please don’t hesitate to contact us with any questions you might have. We’re happy to help!