Sunset: 07:02:38 PM
Dew Point: 44°
Today
Clear this evening. Increasing clouds with thunderstorms developing after midnight. Low 49F. Winds light and variable. Chance of rain 70%.
Tonight
Clear this evening. Increasing clouds with thunderstorms developing after midnight. Low 49F. Winds light and variable. Chance of rain 70%.
Tomorrow
Thunderstorms likely. A few storms may be severe. High 73F. Winds SSW at 10 to 15 mph. Chance of rain 100%.
KXLY
December 18, 2020 5:09 AM Amy Fontinelle - Forbes Advisor
Posted:
Updated:
December 19, 2020 7:28 AM
A planned unit development, or PUD, is a community of single-family homes, and sometimes condos or townhomes, where every homeowner belongs to a homeowners association (HOA). If you’re shopping for a home, you might need to know what a PUD is and how it works because it could affect you during the mortgage qualification process, as well as during the time you live in the home.
Characteristics of PUDs
Real estate developers design PUDs as attractive and cohesive places to live. A PUD may include a mix of housing for homeowners with different price points along with convenient access to workplaces, shopping, education and recreation.