A HIDDEN GEM IN THE BAY AREA
An award-winning, secure resort location, Rossmoor was one of the first “active adults” communities for senior residents in the Bay Area. Located in a picturesque 2,200 acres valley in the heart of Walnut Creek, it has an abundance of everyday convenience stores and entertainment spots.
Get in touch with a specialist from Intero Rossmoor for details and current home evaluations for your property.
Rossmoor has properties ranging from under $200,000 for a one bedroom - bathroom home to over $1.5 million property for a single family home.
Co-Op or a Condo?
Condominium is a form of real estate ownership often referred to as Condo. Condos is collection of individual homes divided into units which are separately owned surrounded by common areas which are jointly owned. Owners are responsible for their unit’s interior maintenance and can enjoy their days admiring the scenery in their exclusive patios and decks. Individual condos have their separate air conditioning, water heaters and furnace. Homeowners own a part of the land in accordance with the condominium association. In Rossmoor, the home owner association are called Mutuals. For instance, out of 56 owners in a Mutual, each owner owns 1/56th of the land.
In a co-op, a buyer is acquiring an equity position in a corporation and not a specific estate. After signing an occupancy agreement, the buyer is responsible for the maintenance of his individual unit’s interior created or owned by the project corporation within the association. Homeowner Association is responsible for the maintenance of the exterior which includes air conditioners and a few kitchen appliances. The buyer gets an exclusive advantage of the space and the carport area. Co-ops can be financed by National Cooperative bank and the property can be willed, can be sold or can be placed in trust.
THE PERFECT LOCATION FOR RETIREMENT
Residents at Rossmoor can take part and enjoy a variety of indoor and outdoor activities. The community has five delightful clubhouses, swimming pools, two NCGA rated golf courses, eight exciting tennis courts, fitness center and lush hiking trails for early morning strolls through nature.
With activities to keep residents occupied, buyers can enjoy exercise, woodworking, ceramics, art and jewellery making classes. With over 200 clubs in the award winning gated community, Rossmoor has everything you could ever want.