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I looked at a unit there today. What I like about the complex is they are free standing units / condos.
The complex is on leased land which each unit pays a fee for.
don't know if the leased land could be an issue.
Totally within my budget (I can afford more, but I like the units and the proximity to the town of Madison).
I have a friend who lives in Guilford so moving to an area where knowing someone is helpful. I currently live in Fairfield and all my friends have moved away, so has my daughter. I would like to start somewhere new.
I'm retired - hopefully it is easy to meet people there (but COVID isn't helping).
any general comments on the complex and area appreciated.
I looked at a unit there today. What I like about the complex is they are free standing units / condos.
The complex is on leased land which each unit pays a fee for.
don't know if the leased land could be an issue.
Totally within my budget (I can afford more, but I like the units and the proximity to the town of Madison).
I have a friend who lives in Guilford so moving to an area where knowing someone is helpful. I currently live in Fairfield and all my friends have moved away, so has my daughter. I would like to start somewhere new.
I'm retired - hopefully it is easy to meet people there (but COVID isn't helping).
any general comments on the complex and area appreciated.
Thank you.
I live in Trumbull and my husband and I have been looking into the Branford, Guilford and Madison area for condos for retirement. We saw one of those. Those are nice and a GREAT location close to the beaches. If you are a single person or even a couple that does not need a lot of space those are ideal. Those are cute little one floor houses.
I am an artist and musician so I needs lots of space. I will probably get townhouse in Branford where I can have room for my music and art in the basement.
My husband and I have been going up to the area for quite a few years. I think you will be able to make many friends there. We go to the Surf Club beach and we always end up talking to many residents of Madison and they all seem very nice. There also seems to be a lot of seniors who retire to Madison so I think you will be fine.
Depends greatly on the land lease. Some of these are for 99 years based on the fact, most nobody lived longer than that.
Are there options on the lease? Is there a buyout provision at the end of lease. Hard to value without this info.
I don't know the complex, but I know the area. Very close to town and the beaches. The only thing you might find, coming from Fairfield, is a limited variety of restaurants and shopping. Don't get me wrong - there are great restaurants, but it's not Fairfield/Westport.
The association fee is $419 / month plus the land lease fee
Seems a bit high to me considering there is no community house or pool.
I don't spend that much per month to maintain my house in Fairfield.
Condos and HOAs have HOA fees. That should be known going in from the start. They might include insurance. If so, your mortgage bank won't escrow for that. Flood insurance also, if applicable.
Some land leases don't have property tax. I know some out west that don't. Check on that
The HOA fees include grounds maintenance, trash pickup , snow removal, property management, road maintenance, insurance.
the place was built in 1974
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