Home Buying in Rossmoor : Questions & Answers

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Mary Beth Ma…, Real Estate Pro in Walnut Creek, CA
Mary Beth Maclennan answered:
Does the HOA cover your property taxes if you purchase a Co-op in Rossmoor?
To add a little more clarification, when you purchase a co-op in Rossmoor, your monthly payments will consist of your HOA dues PLUS 1/12th of the annual property taxes due on the proper ... more
0 votes Share Flag Fri Nov 21, 2014 Home Buying in Rossmoor
HelpUBuy Ame…, Real Estate Pro in 75019
HelpUBuy America answered:
what do the home owners dues cover?
It varies by community, It's very important to confirm what's covered before closing. Know what you're buying.

Don't Let The Make a Monkey Out of You! Follow the link below.


Aly ... more
0 votes Share Flag Sat Jul 19, 2014 Home Buying in Rossmoor
Margaret  Pr…, Real Estate Pro in Lafayette, CA
Margaret Price answered:
what do the homeowners dues cover?
Hi,
Rossmoor HOA fees, commonly called the "coupon," cover different things depending on whether the property is a condo or a co-operative unit. The "Mutuals" are the Homeowners Assoc ... more
1 vote Share Flag Thu Jul 10, 2014 Home Buying in Rossmoor
Margaret  Pr…, Real Estate Pro in Lafayette, CA
Margaret Price answered:
Are there many co-ops in Rossmoor that are changing over to condos? Co-ops seem to have troublesome rules so I would prefer a condo.
Rossmoor Co--Ops have certain advantages in what is covered by the HOA fees over what is covered by condo fees. Remember, too, that the property tax is included in the so-called "Coup ... more
0 votes Share Flag Thu Jul 10, 2014 Home Buying in Rossmoor
Kim Benedict, Real Estate Pro in 06902
Kim Benedict answered:
Is there anyway around the HOA dues? Is low $500's the best that can be done? 6/9K a year in dues is a lot. What do people do who have no income?
Nope there isn't. if you stop paying them you can be foreclosed on by the HOA for lack of payment... some places are higher then others just depends on where you live... Ive seen them f ... more
0 votes Share Flag Sun May 11, 2014 Home Buying in Rossmoor
Steve Curtis, Real Estate Pro in Walnut Creek, CA
Steve Curtis answered:
What types of properties can you purchase in Rossmoor without having to pay any HOF? Thank you.
listen to Jackie Giffin below... dues are high but the amenities and services included exceed anything else out there for the active senior.
0 votes Share Flag Mon Dec 23, 2013 Home Buying in Rossmoor
Pacita C Dim…, Real Estate Pro in Alameda, CA
Pacita C Dimacali answered:
Is it possible to live in Rossmoor if you are not 55 and relatives who are 55 and older are not there all the time? Policy, exceptions, Disabled, etc
At least one resident must be 55 years of age or older to live in a home in Rossmoor. If the resident travels all the time that may be advantageous to you and the resident to have someo ... more
0 votes Share Flag Tue Nov 26, 2013 Home Buying in Rossmoor
Elizabeth Ha…, Real Estate Pro in Walnut Creek, CA
Elizabeth Haslam answered:
Are there any units for rent in Rossmoor @Walnut Creek?
Rental and Rossmoor are few and far between. The best resource is the Rossmoor newspaper which comes out every Wednesday. You can access it online at www.Rossmoornews.com. Owners in Ro ... more
0 votes Share Flag Tue Oct 22, 2013 Home Buying in Rossmoor
DeAnn J Simp…, Real Estate Pro in Walnut Creek, CA
DeAnn J Simpson answered:
Can I help my mom buy a co-op?
Yes, of course, if you qualify with terms & conditions of loan financing. I have a team of professional ready to help! With 30+ years in the industry I would welcome the opportunity to ... more
0 votes Share Flag Mon Sep 23, 2013 Home Buying in Rossmoor
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Brian Nguyen answered:
can you buy with less than 20% down?
Yes! There are loans that allow you to buy with as little as 3.5% down. I recommend you speak with a lender like myself if you would like to know more about loans that will work best fo ... more
0 votes Share Flag Sun Sep 22, 2013 Home Buying in Rossmoor
Jackie Giffin, Real Estate Pro in Walnut Creek, CA
Jackie Giffin answered:
I am considering buying a co-op from my father's estate..what will my "coupon" be? Is the tax based upon his purchase price in 1989 or mine today?
Actually, Kathy, you'll find that the parent to child rules have changed. If the child is planning to sell the property, there is no $7,000 Golden Rain membership fee. If the child is ... more
0 votes Share Flag Fri Jun 14, 2013 Home Buying in Rossmoor
Jackie Giffin, Real Estate Pro in Walnut Creek, CA
Jackie Giffin answered:
how much the OHA per month here?
Actually, Carol, the HOA for that property would be $592 per month. Yes, these properties don't stay on the market very long at all, often less than a week.

In a co-op which this is ... more
0 votes Share Flag Fri Jun 14, 2013 Home Buying in Rossmoor
Karen Henson, Real Estate Pro in Walnut Creek, CA
Karen Henson answered:
For Rossmoor in 94595, what does age restricted mean?
Hello Dagenais,

I work at Rossmoor Realty. Please send me an email and I would be happy to answer all questions
regarding this wonderful Senior Living community. You must be 55 y ... more
1 vote Share Flag Sun Nov 4, 2012 Home Buying in Rossmoor
Mike Hill, Real Estate Pro in Walnut Creek, CA
Mike Hill answered:
Would Rossmoor be a viable option for us?
Yes. Ross may be a viable option for you.

Purchase price of $200K, $60K down (30%) - PITI mortgage of $960, plus about $700 HOA = $1600-1700/mo. These are approximate numbers. With a ... more
0 votes Share Flag Thu Aug 9, 2012 Home Buying in Rossmoor
Vikki Bearman, Real Estate Pro in Walnut Creek, CA
Vikki Bearman answered:
What's available - 2B , 2B, walk in, garage (car port), scenic
Please make sure you work wth a Realtor who is a Rossmoor specialist as the process is totally different than outside of Rossmoor. We are intimately familar with everything that will ha ... more
0 votes Share Flag Sun Apr 29, 2012 Home Buying in Rossmoor
Judith Brick…, Real Estate Pro in 94526
Judith Brickman, CRS, SRES answered:
Is there any public or sponsored transportation, from inside Rossmoor to (say) BART?
There are 5 Rossmoor bus lines that operate for the residents as part of their HOA dues. They will pick a resident up very close to their home and the resident can go all around Rossmo ... more
1 vote Share Flag Sun Nov 6, 2011 Home Buying in Rossmoor
Jackie Giffin, Real Estate Pro in Walnut Creek, CA
Jackie Giffin answered:
I want to buy a coop...but may want to rent it out...any way to rent it out long term?
A lot of potential tenants are realizing that, with the prices as low as they are, they are ahead to buy instead of rent. For instance, I have a little 1 BR, 1 bath listed for $65,000. ... more
0 votes Share Flag Tue Aug 16, 2011 Home Buying in Rossmoor
Meridith Zom…, Real Estate Pro in Walnut Creek, CA
Meridith Zomalt answered:
To buy a coop in Rossmoor you need to have $75,000 in liquid assets additonally to the down payment which is 30%. Is this also true if you pay for?
There are income and asset requirements to pay cash for a co-op in Rossmoor. You must have monthly income equal to or greater than 4 times the monthly coupon plus property taxes. In a ... more
0 votes Share Flag Tue May 31, 2011 Home Buying in Rossmoor
Judith Brick…, Real Estate Pro in 94526
Judith Brickman, CRS, SRES answered:
Reading through the listings in Rossmoor in Walnut Creek, are coops sometimes listed as condos?
Hi Joy
I live in Rossmoor and sell in Rlossmoor. I also preview every new listing in Rossmoor on Tuesday with the Rossmoor Marketing Group. If you are interested in Rossmoor, get in ... more
0 votes Share Flag Sat May 21, 2011 Home Buying in Rossmoor
Ex, Other/Just Looking in Parthenon, AR
Ex answered:
Where one can view sample menus at the Rossmoor Waterford?
Daily menus for the upcoming week are typically posted in each mailroom within the Waterford property.
0 votes Share Flag Sat Sep 4, 2010 Home Buying in Rossmoor
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