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.

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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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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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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