If the time has come to purchase a home in a retirement community, you want to make sure that the home you choose will be a good fit for you. To do that, you need to make sure that you choose the right community. Here are four ways to ensure that the 55+ real estate you choose is a good fit.
Don't Rely on One Visit
When it comes to purchasing a home in a retirement community, you're going to need more than one visit, especially if you're moving out-of-state. You never know when you're going to purchase a home during one season, only to discover that you're not happy with the climate during the remaining seasons. To make sure you're going to be happy in your new home, all year through, try to look at the area during at least two different seasons.
Identify Your Specific Requirements
If you're going to be purchasing a home in a retirement community, you need to make sure that the community is a good fit for you. The best way to do that is to identify your specific requirements. For instance, do you plan on spending your days playing golf, or perhaps enjoying a game of tennis? Identifying your specific recreational needs will help you choose the right community. It's also important to identify the restrictions associated with specific communities. Some retirement communities place restrictions on the amount of time that family members can stay on the premises. If you have children and grandchildren that will be spending time with you, it's important to determine whether your not there will be restrictions and guidelines that you'll need to abide by.
Understand All the Costs Associated with Purchase
When you purchase a home in a retirement community, there may be hidden costs associated with the purchase. Before you choose a home, you'll need to understand the costs associated with home ownership within the community. Some of the hidden costs you should be aware of may include HOA fees, country club membership dues, or landscaping fees. When computing the cost of home ownership, you should include those costs in your budgeting.
Tour More Than One Community
Before you purchase your new home, you'll want to make sure that it's in a community that you'll enjoy being a part of. One way to do that is to tour more than one community. Visit the social areas of the communities you're considering a life with, such as the country clubs, golf courses, tennis clubs. By touring multiple communities, you'll avoid a bad case of buyers remorse.Share