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Property taxes in California are generally around 1% of the property's assessed value, but this can vary based on specific locations and any additional assessments. Homeowners' Association (HOA) fees are common within condos and some single-family home neighborhoods, covering costs of maintaining and improving shared spaces. Co-ops also have monthly fees, which may include real estate taxes and a portion of the building's underlying mortgage.
Yes, Coachella Valley has several age-restricted communities catering to retirees, offering amenities and social activities tailored for active adults. These communities are primarily located in cities like Palm Desert, Rancho Mirage, and Indio.
Coachella Valley is renowned for its golf courses, shopping centers, dining options, and cultural events like the Coachella Valley Music and Arts Festival. The area also offers outdoor recreational activities, including hiking and tennis.
Many properties in Coachella Valley are suitable for seasonal living or as vacation homes. It's important to consider factors like property management, HOA regulations, and rental restrictions if you plan to rent out the property when not in use.
Non-residents can purchase property in California. The process involves securing financing (if necessary), understanding tax implications, and navigating legal requirements. Working with a local real estate agent and legal advisor can help ensure a smooth transaction.
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