At an early age, financial advisors suggest you should be thinking about retirement. Some of the best investments made have been real estate. Retirement homes purchased early, as an investment, can be a smart choice. The property could be used for weekend or vacation get-a-ways. It could be leased out for a period of time, up to years or more until a family is ready to utilize the home for retirement.
Then it could be a snowbird Type home or a full time retirement home.
This type of property could also be sold as an investment to find another location to retire.
The equity could be built up and the home could be paid for with the proper financing by the time the family is ready to utilize the home. With the proper investment and equity, the property could also be sold for cash in hand for other retirement benefits. Investment homes can be purchased with IRA (401K) funds to be lived in by the owner or leased out through the fund.
Another rental option is to furnish and stage your investment home as a vacation rental in the winter-spring months, the snow birds and spring training visitors flood the valley at this time of the year.
With the Phoenix Valley being one of the fastest growing areas in the US again, it is a good time to purchase Real Estate. As the West Valley fills with more roof tops there will be more retail and commercial properties, bringing more healthy economic growth.
With Verrado being the premier property in the West Valley, it is likely the development is to recover the quickest and create a fair amount of equity for your investment over the next 10 yrs. With the Phoenix Valley’s economic improvement and Verrado’s growth in amenities throughout the community, including many new homes and parks, a new school and a beautiful large resort style pool opening soon, it is certainly a great choice for a retirement home or an investment.
This year we have also seen the opening of “Victory”, an active adult community for those 55 and up. Victory offers 4 new home builders at this time. It will add another public golf course to Verrado, a private Club House, a new restaurant called “The Vic” along with pools and many other amenities. Again, another great opportunity for a retirement home in Verrado.
It is never too early to think about investing in real estate for your future and Verrado is a great place for it!
To view some of the active listings available throughout Verrado, please click here.