Housing Wire
FEBRUARY 7, 2024
The GSEs should “increase certain loan purchases” in Duty to Serve markets; develop new and accessible loan products and programs; and evaluate new business partnership opportunities. Better loan products to serve “high-needs rural regions” should also be developed.
Housing Wire
DECEMBER 5, 2024
Department of Housing and Urban Development (HUD) and U.S. Despite that attention, however, some in the industry have chafed at the portrayal of land-lease communities by government housing authorities. An analysis of data from the U.S. increased by 58.34% between 2018 and 2023.
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Propmodo
JUNE 5, 2023
Yet, there are plenty of instances in which the land and the building are owned separately, with the building owner occupying the property under a ground lease agreement with the landowner. The addressable market for ground leases in the United States totals $2.5
First Team Real Estate
FEBRUARY 9, 2022
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. What started out as a $5 Million listing was quickly bid up by several interested developers to a final price of $7.35
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.
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.
McKissock
SEPTEMBER 1, 2020
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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