I've heard some active adult communities are older than others? How do I find out?
Our communities all started with Sun City back in the early 60’s and they are still building new active adult communities today. Here’s a breakdown of the areas:
• Arizona Traditions was built in the late 90’s and finished in 2000
• Canta Mia is brand new in the fall of 2010
• Corte Bella was built from the... [Read More]
The U.S. Public Interest Research Groups (USPIRGs), conducted a 30-state study on the subject of credit scoring, and published their own report: Mistakes Do Happen: A Look at Errors in Consumer Credit Reports. The study revealed that 79% of consumer credit reports contain errors. What's more, there's a one-in-four chance your credit report contains an error serious enough to cause you to be denied... [Read More]
Are some communities bigger than others? Which ones?
Our active adult communities range in size from 1,700 homes all the way up to 26,000 homes. Here’s a breakdown:
• Arizona Traditions has 1,750 homes
• Canta Mia will have 1,950 homes
• Corte Bella has 1,650 homes
• Pebble Creek has 6,200 homes
• Sun City has 26,082 homes
• Sun City Festival has 7,200 homes (when completed)
• Sun City... [Read More]
How fast do the HOA or recreation fees go up? Is there a limit?
This one is difficult to say because it depends on a lot of things like inflation, age of the community, gated vs. non-gated, etc. For the most part the older the communities, the slower the fees will go up but that can change if they have a big expenditure like rebuilding recreation centers, etc.
As far as a limit there is... [Read More]
What is the “Capital Improvement” fee I've heard about?
The Capital Improvement fee is a fee that every person pays the first time they buy a home in an active adult community. Once you pay that fee any future purchases of primary homes would be waived.
They all have one and it’s meant to help off-set the cost of maintaining a community and to keep the annual/monthly fees low. Once you see... [Read More]
Unfortunately, a person with a bad credit score is often in this position because he or she lacks the discipline to pay bills on time.
Of course, there are exceptions where unforeseen circumstances come into play, such as health complications, or loss of employment.
There are a few things that may be able to bring your score up so that you can secure a better interest rate on your mortgage... [Read More]
Thinking about buying a new active adult home in the Phoenix area? Cantamia could be the place for you!
CantaMia, a Vitalia community, offers the best in active adult living with a state of the art recreation center and energy efficient homes that save you money on utility bills. This new community offers a selection of models to suite pretty much every price range and private home sites as... [Read More]
A DIVORCE RULING WILL RELEASE YOU OF YOUR CREDIT OBLIGATIONS
TRUTH - Going through a divorce is difficult enough without having to worry about separating credit debts. Unfortunately it's certainly one of the most important items to focus on as you are navigating through a divorce.
Typically part of the process is separating the credit debts. Here the judge will decree that one or the other... [Read More]