Who is qualified for buying a property in active adult community (55 )?

Asked by O, 19333 Fri Feb 29, 2008

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Blythe Kern, , Santa Clara County, CA
Fri Feb 29, 2008
The most common rule is that at least one buyer/occupant must be at least 55 years of age or older. On the reverse side, when you go to sell your market is limited to qualifying 55 + years of age. Checking with the individual communities will give you exact guidelines.
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Blythe Kern, , Santa Clara County, CA
Fri Feb 29, 2008
Depending on the community, the most common rule of thumb is that at least one owner must be at least 55 years of age or older. Consideration on resale is that your market is limited to only those buyers who qualify (55 years of age or older).
Web Reference:  http://www.blythelkern.org
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Blythe Kern, , Santa Clara County, CA
Fri Feb 29, 2008
The qualifications vary depending on the community but the common rule is that at least one homeowner is at least 55 or older. The rule on resale is that you have a limited market (buyer must be at least 55 years of age)
Web Reference:  http://www.blythelkern.org
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