4 Myths About Buying a Home in a Lifestyle Community

If you’ve reached the next wonderful phase of life, and you’re wondering what your next move should be, you may be considering building or buying in an active adult lifestyle community. We’re here to dispel any myths about buying in these fun, friendly communities that feature modern home designs and plenty of amenities. Here are four myths about buying in a 55+ lifestyle community — busted!

1. There’s not enough storage

Right-sizing to a smaller home may seem counterintuitive if you have lots of things you don’t want to part with. But the joy of a “just right” home is that you have an easier space to maintain, with all the storage (maybe even more!) than you had before. At NewStyle Communities, we know that many of our customers are seasoned homeowners, and they are likely transferring prized possessions to their new space. That’s why all of our homes feature:

• Large garages with space for shelving and storage systems
• Generous kitchen cabinet space with room for all your dishes, utensils, cookware, serving trays, appliances, and holiday-themed dishware
• Laundry rooms with storage
• Spacious walk-in closets in the master bedroom

2. The homes are not affordable

There’s a NewStyle home to meet every budget, and there are loan options to meet every financial need. If you have a home to sell, you can use your existing equity for a down payment on your new home, then opt for a reverse mortgage, or Home Equity Conversion Mortgage (HECM).* In this case, mortgage payments would not be due until the loan matures, but you’ll still need to pay for property taxes, homeowner’s insurance, and home maintenance monthly.

3. Building a home is too much work

At NewStyle Communities, it’s the opposite, actually! Our proven, streamlined process makes building a new home a seamless, fun experience. We keep you informed every step of the way and are always available to answer your questions, so you never have to guess what’s happening. Even the design process is quick and enjoyable! You’ll work with our talented, in-house designer to select cabinets, flooring, appliances, fixtures, and more, and with her expert guidance, you can rest assured that everything you choose will look beautiful and cohesive in your home.

4. I travel too much to maintain a home

NewStyle Communities offer maintenance-free, single-level living. Forget about removing leaves, cleaning your gutters, or mowing your lawn — we do it all for you. You can rest assured that when you return from your trip — whether it’s a weekend getaway or a jaunt around the world — your home will be well-maintained and look fantastic. Even maintaining the inside of a NewStyle home is easy. With no stairs to worry about and an open-concept design without unnecessary walls, cleaning and moving around is a breeze.

*Certain qualifications and restrictions apply. Please consult a mortgage professional for more information.