The Co-Ops in United Mutual have very specific income and asset requirements. I've outlined them below and provided a link to the resale application package on the Laguna Woods Village Community website. One important item to consider is that the $125,000 asset requirement is on top of the funds needed to purchase whichever property you are considering.
Please feel free to contact me with any questions.
United Mutual Co-Ops
“Prospective members must provide satisfactory verification of income of at least $36,000 per year at the time of purchase.”
“The prospective buyer of a manor shall submit satisfactory verification of assets equal to the purchase price of the manor plus $125,000.”
- click on Resale/Lender Information --> Resale Information --> United Co-Op Resale Appication Package
My business is 100% referral based. Know someone thinking of buying or selling? Please ask them to call me!