The coronavirus pandemic has meant many of us have had to adjust to a new normal and put various plans for the year on hold. Perhaps you’ve put a hold on planning your retirement and looking for your dream retirement home because you’re unsure if it’s a smart time to buy.
Whether it is the right time to buy depends on a number of factors, including your overall financial situation, but if you were already preparing to purchase a home in the near future, here’s why you’ll want to consider pulling the trigger right now.
1. Low mortgage rates
The past few months have seen mortgage rates plummet to historical lows as the government makes efforts to protect the economy against damages from COVID-19. If you have been waiting to get a good rate, now is a great time to lock it in. It is tempting to keep an eye on rates in hopes that they will drop even further, but because mortgage rates are unpredictable, it is possible they will rise instead. Without a rate lock, you will not be protected from increases.
2. Increased purchasing power
Because mortgage rates are falling, homebuying power is up and buyers can afford more house than they might have been able to previously. With more affordable mortgages, both in terms of monthly payments and with the total loan amount, you may be able to get more bang for your buck when it comes to your ideal retirement home.
Learn more about how interest rates affect your
home buying power.
3. More buying incentives
If the savings from low mortgage rates and increased buying power are not enough, those in the home buying and building industry are also offering additional incentives to buyers who purchase a home soon.
Del Webb Charleston at Nexton, for a limited time, is offering buyers $10,000 flex bucks for closing costs with PMC Mortgage on their new retirement home. Del Webb also recently introduced a Hometown Heroes program, which offers a discount to heroes in our communities, such as firefighters, doctors and nurses, and teachers. To learn more about these incentives or to see if you qualify, visit the community page, or contact a sales consultant.
With more ways to buy than ever, you can choose the shopping experience that is most comfortable for you. You may visit virtually through facetime or other video meeting programs and/or visit in-person. Our sales centers and model homes are open so you can schedule an appointment with a sales consultant to discuss your options and select your dream home, or you can complete your buying journey online! The virtual home buying process includes features like 3D tours, interactive floor plans, and maps to view homesites, making it easy to select your dream home from the comfort of your sofa.
If you are ready to start your home buying journey, visit a Del Webb community page or contact a sales consultant.
About Del Webb Charleston at Nexton
Del Webb Charleston at Nexton, the area’s top-rated active adult 55+ neighborhood, is located behind private gates within Summerville’s award-winning
Nexton community. If you are not familiar with Nexton, it is popular and was voted “best master-planned community” by the Charleston Homebuilders Association. Nexton offers a fresh take on town living with a uniquely appealing blend of businesses, health care, schools, homes, shops, and restaurants, all intertwined with trails, parks, and nature. The community is “connected” through cutting-edge GigiFi technology. It is also connected by some of the area’s most significant thoroughfares like Nexton Parkway, Hwy 176, Hwy 17-A and I-26.
Del Webb Charleston at Nexton understands the importance of community and in addition to providing you with a superior quality home, offers a place to belong – creating a community for a socially active lifestyle. These quality homes are built to a higher standard, based on consumer needs, research and utilizing premium materials. They offer personalization, so the result is a home uniquely suited to your new and future lifestyle. Their seamless building process with informed sales specialists will guide you throughout, keeping you up-to-date and maintaining the highest commitment to customer care and service.
Del Webb is a renowned industry leader at designing homes that live gracefully and optimize user-friendly functionality for the 55+ and better active adult new homebuyer. The
consumer-inspired floorplans at Del Webb Charleston at Nexton showcase their superior designs with thoughtfully incorporated features meant to enhance your lifestyle. The carefully curated collection of single-story homes ranges from 2-5 bedrooms from the $270s to $400s+. All homes offer abundant storage, built-in conveniences, and innovative kitchens.
The amenities at Del Webb Charleston at Nexton are nothing short of spectacular. The newly opened 26,000 square-foot amenity center, named “The Resort,” is the heart of the neighborhood. It is home to an indoor recreation area with a heated pool and spa, a state-of-the-art fitness center and a studio for yoga, aerobics and Tai Chi. Residents can also enjoy a variety of classes and hobby groups like crafting and cooking that are resident-led social groups or events coordinated by the full-time Lifestyle Director. The outdoor component of The Resort is comprised of a lap pool, bocce, pickleball and tennis courts. Exclusive lightning-speed GigiFi technology is accessible throughout the neighborhood.
You can tour the Del Webb Charleston at Nexton’s model park and check out The Resort at 1261 Del Webb Drive in Summerville, SC 29486. This is a gated community however please stop by the guard gate to let them know you would like to tour one of the six model homes and they will grant you access. Del Webb Charleston at Nexton is open Monday, Tuesday and Thursday-Saturday 9-5 and Wednesday & Sunday 12-5. You can reach them by phone at
866-216-0136.
3 Reasons to buy now reposted from
The 55+ Society
Looking for more Society tips and learnings?
Return Home here.
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