Land-lease is a relatively unfamiliar concept for most home buyers, but yet one of the most interesting and financially empowering home ownership options in the marketplace. If you are not familiar with the concept of land-lease, it is very simply, an alternative home ownership option. You buy the house, but lease the land. Imagine reducing the purchase price by at least $120,000! Invested properly, that’s a huge opportunity for financial freedom.
As with each home ownership option, land-lease has its pros and cons, but if you are searching for a better lifestyle, Meadows of Morinville could totally be it.
- Save costs on down payment, land title transfer, yearly taxes and interest payments
- No home owner association or maintenance fees
- Never deal with special assessments for common areas
- Rules and regulations enforced consistently, without bias
- Meadows of Morinville is architecturally controlled and professionally managed
- Safe and secure neighborhood, with like-minded neighbors
Concerned about rising costs of living? Meadows of Morinville is locking in the lease rates for the next decade. Free yourself from that massive mortgage and choose a better lifestyle.