Boone Lake Topics: Alabama Power Leases

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	Name:	HappyCamper -
	Subject:	Alabama Power Leases
	Date:	1/24/2006 7:09:04 PM

Our real estate agent offered this tempting option as a way to build a much bigger house for "the same money". The problem is that you own the house but not the land. It is a lot like owning a condo. Not a problem until your building is wiped out in a natural disaster (fire, hurricane, etc) and you find you only own air & space and must negotiate with the other "owners" on rebuilding (or not). We decided to put our money in unrestricted deeded land and a tiny cabin. I hope we are right.

Other messages in this thread:

View Entire Thread

Alabama Power Leases - Island Camper - 1/24/2006 5:04:30 PM

Alabama Power Leases - HappyCamper - 1/24/2006 7:09:04 PM

Alabama Power Leases - JIM - 1/24/2006 7:27:04 PM

Disagree With Newbie - GoneFishin - 1/24/2006 11:53:31 PM

Alabama Power Leases - copperline - 1/24/2006 10:07:59 PM

Alabama Power Leases - Osms - 1/25/2006 12:21:05 AM

Alabama Power Leases - Feb - 1/25/2006 7:37:49 AM

Alabama Power Leases - Osms - 1/25/2006 8:17:30 AM

Alabama Power Leases - PikeSki - 1/25/2006 9:34:38 AM

Excellent analysis - roswellric - 1/25/2006 8:50:05 AM

Alabama Power Leases - TBird - 1/25/2006 9:28:40 AM

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