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Asked by Dharmistha Patel, San Antonio, TX Thu Jan 17, 2013

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Answers

11
Rich Homer, Agent, NAPLES, FL
Fri Jan 18, 2013
This is very personal decision. For investment advice, best next action is to ask a local Real Estate Broker by clicking "Find a Pro" in the main menu at the top of this website. http://www.naplesrealestateguys.com/
0 votes
Tom Brain, Other Pro, Phoenix, AZ
Fri Jan 18, 2013
Our company owns over 16 manufactured homes in the North Phoenix and Mesa area, all in active adult communities. We can also provide affordable financing to meet your monthly budget.

You may contact us at 602-315-9581 or email TomB@srehome.com to discuss options with you. You can also visit our website at http://www.srehome.com

Thanks.

Regards,
Tom Brain
Senior Managing Partner
Southern Real Estate, LLC
Phone: 602-315-9581
Email: TomB@srehome.com
Visit our website at: http://www.srehome.com
0 votes
Kevin Jordan…, Agent, Goodyear, AZ
Thu Jan 17, 2013
One of the area's we specialize in is Active Adult Communities and we have visited over 30 different communities across the Southern States. We started our research when we were 50 and moved into an Active Adult Community at 55. There are several communities that allow a certain percent of people over 45 years old to purchase and live in an Active Adult Community; typically you have to buy from the builder and not a re-sale home. It all comes done to location and lifestyle. We have the experience and expertise to help you determine if and what Active Adult Community might fit the specific lifestyle you have or are looking for. We would be happy to schedule a free consultation to help you begin the process. You can contact us through our website as http://www.jordanteamaz.com
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Stephanie We…, Agent, Gilbert, AZ
Thu Jan 17, 2013
"Some" active adult communities allow at least one homeowner to be 45+. Depends on what type of lifestyle you're looking for, but if you do want that for your future retirement, you may want to consider doing so now since pricing is going up. Good luck!
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Margaret Moo…, Agent, Chapel Hill, NC
Thu Jan 17, 2013
You might want to try renting first to see if it's for you. There are usually restrictions and sometimes they don't allow short term rentals, but you can investigate the community you're interested in and find out.
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Doug McVinua, Agent, Gilbert, AZ
Thu Jan 17, 2013
It really is a lifestyle choice that only you can answer.

Just last week I had a couple come into town and we spent an afternoon together touring some of the communities that might fit for them. We viewed adult and single family so that they could better understand and decide what they liked best. I help with pro's and con's of each area including house values and they get to decide what is best for them.
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Rachel Shana…, , Peoria, AZ
Thu Jan 17, 2013
There are 40+ communities here in the valley that you could get into. Like other agents have said before me it is a lifestyle choice. If you don't have any kids still in the house then it may be a great option for you. There are many ammenities in the retirement communities here in Arizona. They offer everything from golf courses, pools, community centers, activities and classes, clubhouses. Please let me know if you need additional information on the many retirement communites here in the valley.
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LIZ Echeverr…, Agent, Chandler, AZ
Thu Jan 17, 2013
There are very active adult communities to choose from. Many of them require you be 55+ years old to own a home in and then you may have a 40+ resident in the home. I like the Sun Lakes area in south Chandler as it offers a golf coarse, clubhouse, tennis courts and work out facility.
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Adam Tarr &…, Agent, Scottsdale, AZ
Thu Jan 17, 2013
Hi Dharmistha,

The final decision is a personal one, regarding whether you are ready for that lifestyle. The community and location will depend on your price range and lifestyle you seek. Most age restricted communities call themselves active adult now. But there is a difference in the activities available. The average age of the residents of the community can vary greatly among the active adult communities and if that is a factor for you at your current age, you may want to get that information from any community you consider.

The standard for an age restricted community is 55+. There are exceptions down to 45 y.o., but within a certain percentage of the overall population of the community. There may some communities you won't be able to get into due to this restriction and your current age. The wave of baby boom population seeking these communities in the future could make it a worthwhile purchase.
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Janice Balzo…, Agent, Scottsdale, AZ
Thu Jan 17, 2013
It is a lifestyle choice. From my experience, most people tend to be older in those communities and it might be harder to sale a home there. Another great option for you in Scottsdale, Arizona is a subdivision in North Scottsdale. There are two that would be very good for you with very good social amenities and very friendly people. Terravita is my favorite, They have a world class workout facility, a great golf club, many tennis courts, clases, a wonderful restaurant and a resort type salt water pool and spa. It is close to markets, pharmacies and shopping.
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Ruth and Per…, Agent, Los Gatos, CA
Thu Jan 17, 2013
Hi Patel

Yes absolutely, while prices and rates are low and one has choices.
Do keep in mind that Baby boom generation will be retiring in droves in the next decade
and this will cause a greater demand and a shortage of homes.

Good luck.
P Mistry
Web Reference:  http://ruthandperry.com/
0 votes
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