I have been enjoying your newsletter and book for many years. Could I get the name of the community, state and city where you have your USA residence? I plan on checking out several places soon. I just turned 70 and am very active.
You guys are the best!
Thank you for taking the time to write, we appreciate it!
For privacy sake, we don’t like to give out our personal residence address, but I have some links here that you can research to get lots of information on active adult communities. There are lots of them around, especially in the sunbelt of the US.
If you Google Active Adult Communities you will get lots of listings. For narrowing down your results, just put in a state and many will show up for that location.
On our Housing Page there are several listings for active adult communities, including Top Retirements which offers a directory of active adult communities for the nation.
Finally, you can check out our Worry Free Housing piece which – at the bottom of the article – will give you some contacts that will prove useful to you.
We recommend that before you purchase a home in one of these locations, that you go to visit in person and stay a season or two. There is no rush. You need to know if you like your neighbors, the community itself, and if it is close by the things that are important to you such as grocery stores, movie houses, an airport or anything else that might be on your list. If you can, purchase from a previous owner and you will save some money. The best time to look for houses for sale is just before the annual lifestyle fees or rent is due. For many personal reasons (illness, a death in the family, becoming elderly, not being able to afford two homes anymore, etc.) people might choose to not renew their lease and their home goes up for sale.
Another important decision to make is whether or not you want to own the property on which the home sits or if you will be comfortable owning the home and leasing the property. The difference in these two options are thousands and thousands of dollars – not just at the time of purchase, but also in the cost of annual home insurance. Find out what your maintenance responsibilities are. If you own the land, chances are that the maintenance requirements are higher. If you lease the land, often the community has a budget which pays for tree trimming, watering and so on.
Take your time. It’s exciting to be looking for a community where you might fit in and have a good time for years to come.
Good luck. I hope you find this information to be useful to you.
All the best,