Remove Closing Remove Inspection Remove Land lease
article thumbnail

Dreaming of Buying a Lake House? Everything to Know Before Diving In

Redfin

Waterfront land leases You may own the house, but it could be on leased land owned by the government or other agency. Buying a house on a lake means taking over whatever lease the land owner has put in place. You may have to account for price inflations if the lease ends while you own the house.

article thumbnail

How to Buy a Mobile Home in 8 Steps

The Close

When investing in mobile homes, add up all costs, including purchase price, transportation, installation, insurance, maintenance, and land leasing. For used homes, inspect the foundation, walls, and plumbing. The post How to Buy a Mobile Home in 8 Steps appeared first on The Close.