Leased Land

Aerial View of Palm springsWhat is land fee land?
A land fee home is a home where you own the land and the structure that is on it.

What is lease land?
A lease land home is a home where you lease the land. A few tips before you should consider before purchasing:

Mortgages: we recommend that you contact a local Palm Springs mortgage lender when searching for a leased land mortgage. Palm Springs’ lenders have local knowledge of leased land and are used to processing leased land mortgage.

The length of time on lease: land leases in Palm Springs are for a long term lease. Although, you should how many years are remaining on the lease.

Annual Costs: annual lease prices can vary between as low at $1,500, up to more than $7,000 per year.