Bingham Farms is a small, affluent community located in Oakland County, Michigan. Here are some potential advantages and disadvantages of buying property in the village of Bingham Farms:

Advantages:
- Location: Bingham Farms is situated in a convenient location that provides easy access to nearby cities like Birmingham, Bloomfield Hills, and Troy.
- High-end homes: Many of the homes in Bingham Farms are upscale and luxurious, making it an attractive place to live for those in search of a higher-end lifestyle.
- Low crime rate: The village has a very low crime rate, making it a safe place to live.

Disadvantages:
- Expensive: As mentioned, many of the homes in Bingham Farms are high-end, which means that property prices can be quite expensive.
- Lack of diversity: Bingham Farms is a predominantly white community, which may be a drawback for those looking for cultural diversity.
- Limited amenities: The village is small, so there are only a few local amenities such as shops and restaurants. However, nearby towns and cities offer a range of amenities within a short drive.

It's important to note that these are general advantages and disadvantages and that each individual's experience and priorities will vary.