McKissock
SEPTEMBER 1, 2020
An attorney purchased a condo and then gave his mother a life estate with himself as the remainder, to avoid having to share the sale proceeds with his two siblings upon the mother’s death. Example: Land lease. Subject is one of the four, and there were no comps on land leases for miles in this urban/suburban area.
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. A shortage of homes for sale. As Hamilton says, “right now, our inventory is half what it was a year ago, so the number of homes available for sale is really low.”.
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Housing Wire
FEBRUARY 7, 2024
It also recommends that the GSEs launch a “Home-Only loan pilot, [and to] consider adding any additional consumer protections, include a standardized land lease, and homebuyer education and counseling,” the document explains.
First Team Real Estate
FEBRUARY 9, 2022
Onge of First Team’s Hesperia office recently closed a record-breaking sale of a commercial property in Rancho Cucamonga, Ca. Rob represented both the buyers and the sellers totaling the sale of $14.7 This sale is the largest single transaction completed by the First Team High Desert offices since starting in 2019.
HomeLight
SEPTEMBER 24, 2022
Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Relatively low property and sales taxes. About: Golden Spike Estates is a 55+ land-lease community with spectacular mountain views. Get Estimate.
Toronto Realty Blog
FEBRUARY 16, 2022
In Monday’s blog, I noted that there are some Victorian mansions on Jarvis Street regularly for sale for $10M – $20M, but nobody can buy those buildings at that price, to keep them in their current form. Land leases? However, shall we do so at a major cost to natural development and expansion of the city?
HomeLight
MARCH 24, 2023
More than half of top agents surveyed by HomeLight predict that retirees will put their homes up for sale and downsize when they make their next move. Some communities have a land-lease structure in which you purchase the house, but lease the home site.
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