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FIRST ANSWER
Hi, Ag ... the properties are saleable, but not as real estate. The transaction's no different than selling a car.Transfer of title, and that's all there is. Given that, it's hard to say precisely how strong the market is for resale - I have contacts for Casa del Sol in the West Valley, but none in the east. My thought would be the substantially lower cost to purchase would keep the market fairly active.
If price is the primary consideration for you, then these type of communities may be your best option. If you have some flexibility, there are many, many age-restricted communities where you own the land and the property throughout the Valley with prices somewhat lower than you'd find in comparable non-age-restricted developments.
Thu May 31 2007, 18:11