I am searching for Not ready Yet and Retirees wanting to retire in South Orange County, Mission Viejo, CA. Even if you are still working but wanting to do something for your future in regards to a retirement home, now is the time. Most retirement communities have an age restriction but did you know that you can purchase before you reach retirement age? Let’s say the age restriction is 55 years of age to live there. Notice the word LIVE. You can OWN property in age restricted communities at any age, as long as you do NOT live there. Mission Viejo has two large retirement communities with a full range of prices, styles and amenities to fit anyone’s needs and wants.
Buying a property in age restricted communities, the homes are usually less expensive then the homes surrounding it, making it a good buy in this market. At retirement age you will already have paid down the balance and have equity. The single family detached homes in Casta del Sol, rent usually within 30 days of becoming available. Right now, there are 6 rentals available, Buying with 20% down and then renting it out, covers all your monthly costs. This type of renter stays put and takes care of the property making it a plus for you when you decide you are ready to retire.
You research where you want to live, buy with your needs in mind and the amenities that you prefer when you move in. Make sure to find medical services close by that you can rely on if needed. We all have to face to possibility that we may have to work part time, so check that out also. Planning for your future like this will take a lot of worry off your shoulders. Don’t wait till you have to do something, start looking now!
I am searching for Not ready Yet and Retirees wanting to retire in South Orange County, Mission Viejo, CA. Even if you are still working but wanting to do something for your future in regards to a retirement home, now is the time. Most retirement communities have an age restriction but did you know that you can purchase before you reach retirement age? Let’s say the age restriction is 55 years of age to live there. Notice the word LIVE. You can OWN property in age restricted communities at any age, as long as you do NOT live there. Mission Viejo has two large retirement communities with a full range of prices, styles and amenities to fit anyone’s needs and wants.
Buying a property in age restricted communities, the homes are usually less expensive then the homes surrounding it, making it a good buy in this market. At retirement age you will already have paid down the balance and have equity. The single family detached homes in Casta del Sol, rent usually within 30 days of becoming available. Right now, there are 6 rentals available, Buying with 20% down and then renting it out, covers all your monthly costs. This type of renter stays put and takes care of the property making it a plus for you when you decide you are ready to retire.
You research where you want to live, buy with your needs in mind and the amenities that you prefer when you move in. Make sure to find medical services close by that you can rely on if needed. We all have to face to possibility that we may have to work part time, so check that out also. Planning for your future like this will take a lot of worry off your shoulders. Don’t wait till you have to do something, start looking now!
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