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Old 04-30-2008, 02:17 PM
 
Location: Burlington VT
1,405 posts, read 4,379,840 times
Reputation: 544

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Quote:
Originally Posted by Goldwing View Post
Nothing for less than 515K
Single Family homes in Santa Rosa, California start at $130,000. I think the Realtor who just sold my parents home walks on water - I'd love to send her some business if I ever have the chance. If I was a prospective buyer I'd be very happy to have found her.

David Beckett
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Old 04-30-2008, 02:56 PM
 
Location: home...finally, home .
8,235 posts, read 18,505,219 times
Reputation: 17765
Beware ...........of the 55+ parks with the long or short term lease of the land only. Check your State Laws to see if the property owners can give you a short notice and force you to move so they can sell the property.
Also read to see what can happen if the property is sold to a new owner. Is your current lease still honored. You might get a BIG SURPRISE




Thanks for this information. This answers a question I had about an over 55 place in Eugene, Oregon.
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Old 04-30-2008, 07:38 PM
 
692 posts, read 2,793,335 times
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Quote:
Originally Posted by nancy thereader View Post
Beware ...........of the 55+ parks with the long or short term lease of the land only. Check your State Laws to see if the property owners can give you a short notice and force you to move so they can sell the property.
Also read to see what can happen if the property is sold to a new owner. Is your current lease still honored. You might get a BIG SURPRISE




Thanks for this information. This answers a question I had about an over 55 place in Eugene, Oregon.
Your welcome Nancy,

This is such an important issue I thought it might be of some help to whom ever reads this info. Personally I love the life style some of these types of developments provide, but in many cases it can be a financially and morally devestating event. My wife and I have looked at this very opportunity off and on for 5 years but always get hung up on the lease. The States should take action to stop this behavior on the part of the developer/owners, but so far most states give them a loophole including Washington and Oregon.
We also pondered a nice park in Eugene. Maybe it is the same one you were thinking about.

Silverfox
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Old 05-01-2008, 04:10 PM
 
Location: home...finally, home .
8,235 posts, read 18,505,219 times
Reputation: 17765
We also pondered a nice park in Eugene. Maybe it is the same one you were thinking about.Silverfox

Probably. I think that it's the only one in Eugene for over 55s. When I went on line and put in my name, they were very aggressive about calling me and sending info . It sounded adorable, with pretty little flowery cottages and lakes all around . But, that land-lease thing was a real turn-off. I just had never heard of it before and did not trust it at all.
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People may not recall what you said to them, but they will always remember how you made them feel .

Last edited by nancy thereader; 05-03-2008 at 04:23 PM..
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Old 05-01-2008, 04:34 PM
 
692 posts, read 2,793,335 times
Reputation: 346
It's really to bad that when you are seriously looking for a spot to retire and spend most of the rest of your life that there has to be "Games" involved with your decision.
You really have no sure way to approach the leased land offers with the Laws on there side. I just can't believe the number of people investing in a home and putting themselves at total risk. It all sounds OK when your talking to the sales people but what do they care once you have signed the required paperwork. I woundn't be able to sleep at night with that situation continually racking my brain.
Kinda like the spyder and the fly.......

Silverfox
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Old 05-02-2008, 11:09 AM
 
Location: Oxygen Ln. AZ
9,321 posts, read 16,572,170 times
Reputation: 5692
Santa Rosa single family homes for $under 200K? I find that hard to swallow unless it is a mobile home and the space rent would be pricey. If they are selling for that, then it has to be in a very undesirable area.
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Old 05-03-2008, 11:26 AM
 
Location: Home is where the heart is
15,400 posts, read 25,815,911 times
Reputation: 18992
Quote:
Originally Posted by MotleyCrew View Post
Santa Rosa single family homes for $under 200K? I find that hard to swallow unless it is a mobile home and the space rent would be pricey. If they are selling for that, then it has to be in a very undesirable area.
Well, I'll be damned, there are a few homes there under $200K. I just checked a real estate web site. The list starts with two properties at $169,000. They're tiny (600 sf structure on a 1742 sf lot), they're old (1950's) and they don't look appealing to me. But they don't look horrible, either. Whaddaya know, they exist!
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Old 05-03-2008, 12:44 PM
 
Location: Bermuda
1 posts, read 2,590 times
Reputation: 10
Greetings faithfulFrank,

Your home is beautiful!

Please share with me what the purchase price of two (2) bedroom houses are in the 55+ community? Also, kindly explain the meaning of 55+ community. Do all of the houses have two bedrooms?

Thank you!

Peggy Burns
Bermuda
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Old 05-03-2008, 02:14 PM
 
Location: Central Fl
2,903 posts, read 10,940,029 times
Reputation: 2860
Dear Peggy,
Thank you. To answer your question as to home costs..that is hard to say, and could be better answered by some realtors here. I have seen some very nice homes go for as low as 150k, on up to over 300k. I home similar to mine may be found in todays market at about the 160k range.

It all depends on the community, the motivation of the seller, etc. As to weather all homes have 2 bedrooms, I do not know. I would assume that most homes have 2 or more bedrooms.

A 55+ community is one that provides amenities geared to that age group. It can get specific, and different rules apply to different places. In my community, 30% of owners must be over 55 years old. No children less then 18 years old can live there more then 30 days. There are also different Homeowner association rules, etc.

They are very popular for active lifestyle retirees.

Frank D.
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Old 05-05-2008, 09:32 AM
 
Location: Oxygen Ln. AZ
9,321 posts, read 16,572,170 times
Reputation: 5692
Quote:
Originally Posted by normie View Post
Well, I'll be damned, there are a few homes there under $200K. I just checked a real estate web site. The list starts with two properties at $169,000. They're tiny (600 sf structure on a 1742 sf lot), they're old (1950's) and they don't look appealing to me. But they don't look horrible, either. Whaddaya know, they exist!
I found them as well. Still would want to check out the surrounding areas very well.
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