Updated over 10 years ago on . Most recent reply
Whats the deal with 55+ Communities?!?!?!
I'm noticing some really well kept homes priced what seems to be low in "Nice and quiet 55+ gated communities". What's the deal here?
Are these neighborhoods black eyes for investors, causing the low list price to entice a sale? Are there certain restrictions associated with purchasing properties in these neighborhoods? Do they prevent a certain type of renter from being interested thereby causing delays in getting filled?
Do you have any experience with these communities good or bad that may help shed some light?