Welcome to the mailbag edition of Ask The Broker! We asked our Boomers & Beyond newsletter subscribers for questions submissions and they answered. Check out some of their great questions in this week's Ask The Broker video.
Welcome to Ask [...]
Real Estate Broker, Kathy Sperl-Bell of Active Adults Realty in Delaware, tackles questions about how land leases work in Delaware. It is a question we hear often and Kathy clears up the confusion many have about land leases, where you own the home but [...]
Do you know the difference between "land lease" and "fee simple"? I never did until I got into real estate and moved to Delaware. In a land lease community, you buy the house but you do not own the land on which it sits. You pay a monthly or annual fee to rent the lot from the owner of the community. Even though this makes the home more [...]