Primary Color:
Primary Text:
Secondary Color:
Secondary Text:
Tertiary Color:
Tertiary Text:
Color Picker
Preview
FeaturesTypographyTutorials
Module Title
Home
Module Title

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Ut non turpis a nisi pretium rutrum. Nullam congue, lectus a aliquam pretium, sem urna tempus justo, malesuada consequat nunc diam vel justo. In faucibus elit at purus. Suspendisse dapibus lorem. Curabitur luctus mauris.

Module Title
Module Title
Instructions

Select a predefined style from the drop-down or choose your own colors via the handy mooRainbow based color-chooser. When you are satisfied with your selection, click the "Apply Colors" button below to store your selection in a cookie.

Apply Colors
Current style configuration: Default
forclosures2.gif

Search Properties

 
Advanced Search
Chris Griffith
First National Realty, Inc
6423 Summer Gale Dr.
Memphis, TN, 38134
Office: 901-461-5590, 901-255-2745
Cell: 901-461-5590
Fax: 1-866-278-2875
Lic. #: 295552

New Listings RSS Feed

Get the newest properties the moment we enter them.
RSS
Projects in Lakeland or Arlington, TN 38002 cater to couples moving from big home by Real Estate Expert Chris Griffith | Print |

Older buyers who have spent 20 years or more in a detached house on an acre or two of land often have difficulty coming to terms with the idea of moving into the densely populated setting of an apartment building or town house complex in Lakeland or Arlington, TN. 38002. They want to be rid of the problems of caring for the large house and yard, yet yearn for the space and privacy.

Seeking out a smaller house on a smaller lot is one alternative. But it is not easy. Bedrooms are usually upstairs, which can be a problem for an older person. Moreover, few small houses are geared to just a couple or a single person. And often the so-called adult communities of the Northeast - condominiums or homeowner associations restricted to older residents - offer primarily attached units, which many find unacceptable.

Brenda and Theodore Schofield, for example, faced a typical problem. For 24 years they had lived in a five-bedroom colonial house on one and a half acres in Tennessee. After their three children had grown up the property was clearly too much for them.

''But there was no way I was going to move into something where I would have families on either side of me,'' Mr. Schofield said. ''I get claustrophobia just visiting my mother in her apartment in New York City. There's also a lot to be said for your own backyard even if it's small. I don't want to be told it's common ground.''

The developers of the age-restricted communities, as it happens, are increasingly seeking to appeal to people with these views.

We found that when prices were comparable, the detached units outsold the attached ones every time. The single-level detached houses are in communities designed and operated primarily as homeowner associations. This style of living frees older people from their former maintenance and security worries, eliminates those staircases and yet offers the sense of home ownership on a private lot.

Currently there are many different development projects with about half of them already being completed and sold.

Even when looking at just the architectural designs you can see how the developers are adhering to the desires of those leaving the large home. Some projects offer detached homes on either one or two levels. And even those on two levels are designed so that the occupants can live entirely on the first floor, using the upper level as a guest suite or for optional activities.

The detached setting gives them that opportunity. The homeowner association takes care of their lawn. The aluminum siding is virtually maintenance-free. And they have the advantage of the recreational facilities common to community association living - in this case a clubhouse with a woodworking and a ceramics shop, tennis courts and a shuffle board court.

There is a lot of free information available to you about buying, selling or investing in  Lakeland or Arlington, TN. 38002 real estate. For complete information about the  Lakeland or Arlington, TN. 38002 real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything  Lakeland or Arlington, TN. 38002 real estate. So please feel free to contact me with any of your mortgage questions and I will me more than glad to answer you queries. Call me on my cell at 901-461-5590 or email me at www.CGriffithRealEstate.com.


AddThis Social Bookmark Button
 
< Prev   Next >
Get the newest real estate Information from our site delivered right to your desktop!

Rent vs. Buy Calculator

Am I better off renting or owning? This calculator will show you the financial differences between the two.
$   Current Rent
  % Est. tax bracket
$   Purchase Price
  % Down Payment
  % Interest Rate
    Mortgage Term (Years)
    Your Monthly Payment
$   Yearly Taxes?
$   Yearly Insurance?
    Total PITI
    How long will you own (typ. 7 yrs)

$   This is your rent over the period
$   This is mortgage over the period

REAL calculator

Calculate your mortgage repayments:

Loan amount: $
Down payment: $
Annual interest rate: %
Term of loan: years

Total interest:
$
Monthly payment:
$