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Own the Home, but Not the Land? What You Need to Know About Land Lease Deals

Realtor.com

iStock When you buy a home, you typically also buy the land your home sits on, but there’s another option: a land lease. In a land lease deal, you’re purchasing just the dwelling and paying rent on the land to the landowner. Who does a land lease?

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4 Things You Need to Know About Leasing Your Land

Realty Biz

Luckily, there is an alternative: if you have unused land, you could lease that out. What would people use your land for? When it comes to leasing our residential or commercial property, you know that the tenants will be using the property either to live in or to work in.

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Opinion: It’s time for bi-partisanship on affordable manufactured housing homeownership

Housing Wire

Personal property loans, which make up most of the manufactured home loans, are loans for manufactured homes sited in manufactured home communities, on other leased land, or on owned land not pledged on the loan.

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Who Manages Georgia Lakes?

Hank Miller Team

Georgia Power has similar deep interests; homes on their lakes have land leases granted to the owners. The company retains ownership of the land and leases it back to the owner of the structure.

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First Team High Desert Agent Rob St. Onge Closes Historic Commercial Transaction at $14.7 Million!

First Team Real Estate

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. First Team High Desert Agent Rob St. Onge Closes Historic Commercial Transaction at $14.7 Million! Rob St.

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Farmland is becoming a hot commodity as prices boom

Realty Biz

Now, prices of agricultural land in the region are rising even faster than they were during the previous farmland boom around a decade ago, the Wall Street Journal reported. The Journal reported that farmers have been keen to cash in by selling parcels of land to investors.

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How to Handle the Weird Stuff: Appraisal Methods from an Experienced Florida Appraiser

McKissock

Example: Land lease. In a large development of approximately 300 houses, four of them were on a 99-year land lease with 55 years remaining. Reason was it was the last portion of the block of land, and the owner wouldn’t sell, but did agree to the land lease.

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6 of the Best Retirement Communities in Idaho

HomeLight

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.

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Flood Plains, High Winds, and Leased Land: Your Guide to Buying a House in Palm Springs

HomeLight

You’ll have to navigate land leases, HOA requirements , and stiff competition from other buyers set on purchasing your picture-perfect property. Buying on leased land: The ins and outs. About 40% of homes in Palm Springs are located on leased land.

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Housing Affordability Task Force Report: My Two Cents (Pt2)

Toronto Realty Blog

Requiring municipalities to compensate property owners for loss of property value as a result of heritage designations, based on the principle of best economic use of land. Per the report: “Housing requires more than just the land it is built on. Land leases?

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Fee Simple vs. Leasehold: Two Very Different Types of Ownership

Redfin

It’s a legal term that means the property owner owns the land and any structures on the land, including the home. It gives someone ownership of a home or structure on the property, but someone else owns the land itself.

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Bargains by the Water: 5 Lakefront Homes Priced Below $300K

Realtor.com

The purchase doesn’t include the land underneath the cabin. The lot is on a land lease with the Forest Service and costs $2,365 annually.

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How to Sell a Mobile Home: A Guide on Financing, Price, and More

Realtor.com

If you own the land under your manufactured home, selling both won’t be much different from selling a traditional home. However, if you don’t own the land your home is on and you’re selling just your mobile home, this changes the game in a big way. “If

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Mobile Homes Deserve Great Curb Appeal, Too: Here’s How to Get It

HomeLight

There’s a reason why manufactured homes cost about half the price of a single-family home of similar square footage : “In most mobile home parks, you own the trailer, but you’re just leasing the land,” explains Carl Young , a a top real estate agent in Knoxville, Tennessee.

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