FlyerInHi wrote:Very few

[CA renter]

[quote=FlyerInHi]Very few coops in California.

Coops are actually better, property tax wise, because you’re buying shares in a corporation so there should not be a reassessment. Not sure if the HOA sends a separate bill for taxes or the $6XX includes taxes.

$6XX HOA is pretty good. Includes interior plumbing and electrical repairs, low internet cost, and replacement of appliances every 10 years (there’s upgrade fee for premium appliances). Shuttle buses to the mall and to John Wayne airport.

My cousin’s condo is just like this one, but her building is a 2 story. It tripled in value since the bottom. But it did need remodel.
https://www.redfin.com/CA/Laguna-Woods/2401-Via-Mariposa-W-92637/unit-2-D/home/5294579

Incidentally, there was a study of people who live in Laguna Woods. They are very long living people compared to the general population. There’s a funeral home and a hospital just outside the gates.
http://www.cbsnews.com/news/living-to-90-and-beyond/
http://www.mind.uci.edu/research/90plus-study/%5B/quote%5D

Your cousin did very well, Brian. Agree that Leisure World is a very nice place to retire.