Propmodo
JUNE 5, 2023
It’s a rare occasion, however, that the industry gets excited over ownership of something that is an inseparable part of every real estate transaction: land. Most owners of multifamily properties, office towers, and other property types own the whole “kit and caboodle,” the land as well as the building on which it sits.
HomeLight
MAY 12, 2021
You’ll have to navigate land leases, HOA requirements , and stiff competition from other buyers set on purchasing your picture-perfect property. If you’re taking out a loan to buy a house on leased land, lenders will require the lease to extend five years beyond the loan’s term.
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First Team Real Estate
FEBRUARY 9, 2022
acres in a light industrial area, legal but non-conforming zoning. Originally starting as a land lease, Rob went to the city to discuss potential truck parking and discovered the property was in the wrong zone designation for this use. The property consisted of a small home and an additional parcel totaling 4.5
HomeLight
SEPTEMBER 24, 2022
This land-lease development offers single-family, one-story houses ranging from 1,400 to 1,800 square feet with two or three bedrooms, one or two bathrooms, and two or three-car garages. About: Golden Spike Estates is a 55+ land-lease community with spectacular mountain views. Location: Boise, Idaho. Golden Spike Estates.
HomeLight
MARCH 24, 2023
Check ratings, reviews, and comments posted on the Better Business Bureau site, Google Reviews, and industry websites. Some communities have a land-lease structure in which you purchase the house, but lease the home site.
Housing Wire
JANUARY 20, 2023
Manufactured home communities — also known as land-lease communities — are a critical model for the delivery of affordable manufactured homes, with half of the new manufactured homes currently being placed in such communities. Congress can help.
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