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Property in Phillips, Maine
 

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Property in Phillips, Maine




Zipcode Population Households Average
house value
04966 1,475 1,007 $107,926

Other cities in the area: Farmington, Strong, Rangeley, New Vineyard, Temple, Roxbury, Weld, Oquossoc




CC&Rs are the Covenants, Condition, and Restrictions that you must sign before buying property within a condo, or association. These documents regulate the aesthetics and rules of a development or neighborhood. Be sure to fully read these documents before you plan to use your Phillips property as a residential income property, as this may not be allowed in your area. If it is not allowed, and you choose to rent out your property anyways, you will be in violation of the rules, which can result in fines, and could result in the loss of the property. The CC&Rs may allow for rentals, but you may have to bring up your intentions at an association meeting, which could lead to a vote.

Phillips is just one part of Maine prospering from the state's healthy business climate, with exciting opportunities for investors and entrepreneurs. The most dominant business advantages in the state include a skilled work force, excellent training opportunities, business tax incentives and a solid transportation network.

Maine has also shifted its focus from the more traditional industries to the "new economy" industries including high-tech manufacturing, biotechnology and telecommunications, providing exciting opportunities for residents and investors, and further diversifying the local economy in locations like Phillips.


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