It is commonly thought that, when purchasing a home, homebuyers receive ownership over both the home and the land upon which it is built on. Though this is the traditional practice, there is an alternative in the form of land-lease communities. Find out everything you need to know about this type of property before buying.
Not only are homebuyers searching for the perfect home, they're simultaneously looking for a community in a good location with amenities and a lifestyle that matches their preferences. With so many factors in play, it is imperative to be prepared in order to ensure that whichever 55+ community you join, it is the one that'll make your retirement all the more enjoyable.
One of the most common questions we get asked here at 55 Places is about homeowners' association fees. While we would love to have a database of every community's HOA fees, it just isn't possible. Read on to see why that is and how you can find out a specific community's HOA fees before you move.