Good Sam Club Open Roads Forum: Purchasing in a 55+ Community - AZ
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 > Purchasing in a 55+ Community - AZ

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johnnyg08

Mesa

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Posted: 01/27/20 08:02pm Link  |  Quote  |  Print  |  Notify Moderator

ryoung wrote:

Arizona is one of 15 states that allow Enhanced Life Estate Deeds. Also known as Transfer On Death Deed and Lady Bird Deeds.

ryoung


I've been reading about these.

Seems like a no brainer for this transaction

johnnyg08

Mesa

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Posted: 01/31/20 10:34am Link  |  Quote  |  Print  |  Notify Moderator

What are the approximate Real Estate fees for a transaction like this? We're working through our offer and want to have an idea as to what the fees will be.

Park Model and the land under the park model

Probably a title transfer fee for the park model
Probably some type of recording and transfer fee with the county
Probably an HOA transfer fee of sorts

Can anybody quantify this for me?

I understand that this is an Internet forum and not a place for legal advice. Thank you

Mike134

Elgin

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Posted: 01/31/20 10:43am Link  |  Quote  |  Print  |  Notify Moderator

I won't be caught dead or alive living in a HOA controlled compound.


2019 F150 4X4 1903 payload
2018 Adventurer 21RBS 7700 GVWR.

johnnyg08

Mesa

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Posted: 01/31/20 10:47am Link  |  Quote  |  Print  |  Notify Moderator

Mike134 wrote:

I won't be caught dead or alive living in a HOA controlled compound.


There are people in that camp...one way or another you're paying...either lot rent or HOA...plus in the ones we're looking at they have the amenities that we won't need to purchase or maintain.

To each his/her own...for sure.

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