Leasing a site can be a less expensive option and is typically less complicated than buying property. You do not have to worry about the high costs and hassles that purchasing and maintaining your own land would have, while still enjoying the comfort and security of living in an established community, close to the city’s amenities.
The Benefits of Leasing
Leasing can be a good option because the costs of the property are much lower than buying outright. Havill’s can help you locate an available home site in the rental community that is best suited for you. Different Land Leased Communities will charge different monthly lot rents, depending on proximity to the city, etc. Ask your home consultant about what the lot rent would be for the community of your choice, and what services will be included in that fee.
Understand the DetailsMake sure you understand, and can live with, the terms of your lease. As with purchasing land, there are a number of issues to consider:
- Relocation – Are there provisions in the lease to assist you, or hinder you, if you should choose to relocate your new home in the future?
- Rules – If the property is in a community, are there rules and regulations that tenants must abide by?
- Fees – What are the monthly lot rent fees and what services are provided by the community?
- Amenities – Are there schools, public transit stations, groceries stores, or other amenities nearby that suit your lifestyle?
Interested in leasing property? A planned community may be right for you.
Havill’s can help you find the perfect home site for your new Mini Home in any one of the many land-leased communities in the region. For information on lot availability and monthly lot rents, contact one of our Professional Home Consultants.