Sunset Terrace - A Resident-Owned Community
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PictureProspective home-buyers must secure approval from the Membership Committee and Board of Directors before moving in.
What's the process for buying a home in Sunset Terrace Cooperative?
  • First, agree to terms with the seller of the home and sign a Purchase and Sales Agreement. 
  • Second, immediately complete and submit a Membership Application. The Board of Directors must approve new Members through an application process that includes criteria for Membership. Click here for more details.
  • Third, if you require home financing, arrange for a loan as you would in any other community. 
  • Finally, upon Board approval, payment of the Membership Fee, execution of an Occupancy Agreement, and a successful transaction with the seller, take the keys and start enjoying your new home and the stability and security that comes with living in a resident-owned community!

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