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Buying & Selling Real Estate

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Warren Lanza
  • Flipper/Rehabber
  • Boca Raton, FL
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8
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Why are 55 and over Communities cheaper?

Warren Lanza
  • Flipper/Rehabber
  • Boca Raton, FL
Posted Jun 4 2016, 10:47

i understand they are deed restricted so that is one reason they are cheaper  on resale but is there typically Government Money or Tax Breaks that allow them to build them cheaper in the beginning?  They are typically 30-50% cheaper in my area.  Just curious.

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