Thursday 5 July 2012

Picking the Perfect 55+ Community

adult Community CharlotteWhen it comes to setting down for the golden years, boomers should make sure their choice meets their social, cultural and recreational requirements.

No one knows 55 communities and retirement home buyers better than Tribute Homes. A leading new home builder with resort-style homes in hot retirement spots Charlotte, North Carolina and Charleston, South Carolina, we have a pretty good idea what it takes to help you discover the
retirement community that is perfect for you.

Determine Your Retirement Priorities

The best way to begin your 55 community hunt is to take stock of the life you want to live in your retirement. Some of those priorities might include:

●Climate
●Proximity to Amenities
●Cost of Living
●Active vs. General Community
●City, Country or Beach Living
●Activities

If you are like most retirees, you will opt for an active adult living community that caters to recreational and social activities. After all, retiring from work is not the same as retiring from life. As a matter of fact, retirement is when the living begins!

Most baby boomers want convenient availability of amenities. Clubhouses, fitness centers, recreational facilities, hiking, walking and jogging trails and cultural events are at the center of their retired, yet active, lives.

Conduct a Financial Background Investigation

Prior to moving into your perfect 55 community, be sure to investigate it thoroughly for any financial cracks or concerns. This is crucial, as there are many communities with serious financial problems, either present or soon to come. Some of the major issues to watch for are foreclosures and non-dues paying residents which lower property values and create negative, tense atmospheres in neighborhoods. A good idea is to obtain past financial statements, condo/HOA association documents, and HOA minutes.

Another good way to research a community is to study it online. Demographics can be extremely insightful when it comes to getting a snapshot of a certain 55 community. This is another good way of conducting important due diligence that will greatly pay off in the end.

Pay Them a Visit

There is nothing like being there when it comes to getting a good feel for a 55 community. If at all possible, take the necessary time to go and visit several communities that may be of interest, even staying a night or two. Be sure to talk to current residents to find out just what 55 living in that community is really like. Also, be sure to explore the surrounding area of the community. Take a drive out to the local areas where the supermarkets and stores are located. This is another great way to get an idea of the lifestyle that you will be investing in.

Tribute Homes specializes in building retirement communities for active adults 55 and over in North and South Carolina. For more information, visit us at www.tributehomesusa.com or contact us at 800.381.2984.

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