Oak Mountain Lake Topics: Leased Property

Oak Mountain Lake Topics: Leased Property - answers

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	Name:	John C -
	Subject:	Leased Property - answers
	Date:	7/21/2009 11:04:04 PM

suzyq- here is a link to an article on my blog, it also links in 2 more that I have written over the years.

other folks - thanks for the mentions.

the only change since these have been written is that new leases from AL Power increase CPI or 4%, whichever is greater, each year. That's new leases, mind you, that would not apply if you assumed the old lease of the home you are buying. That is why I advise getting a copy of the lease for any home you are interested in, or at least the particulars, so that you can compare all of the details vs the competition, and past sales.

Really, it's just like deeded lot homes. It really pays to shop around and get a perspective on what you are getting for your money.

URL: Low CPI is Good News For Leased Lot Homeowners On Lake Martin

Other messages in this thread:

View Entire Thread

Leased Property - suzyq - 7/21/2009 8:46:01 PM

Leased Property - Maverick - 7/21/2009 9:18:07 PM

Leased Property - lucky67 - 7/21/2009 9:24:39 PM

That depends - Kizma Anuice - 7/21/2009 10:24:18 PM

Leased Property - answers - John C - 7/21/2009 11:04:04 PM

Leased Property - answers - suzyq - 7/28/2009 7:46:34 AM

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