However, it is important to keep in mind that you own the home and not the land. Leasing a site can be a less expensive option and is typically less complicated than buying property. As with undeveloped land, consider the practical factors:ДЄre there covenants and/or home ownersвЂ™ associations?ДЄsk the locals вЂ“ What are their experiences with the community management?ДЄmenities вЂ“ What is available in the community? Leasing property One big advantage they offer is that much of the preparation work, including streets, lights, landscaping and utilities, has already been done. These are attractive, well thought-out communities.

Buying land in a subdivisionДЄn increasingly popular option is purchasing a lot in a planned subdivision. Permits вЂ“ What is required in your community? More than one permit may be required for site improvement and the installation of your home. Utilities вЂ“ Is there access to utilities such as electricity, gas or alternate fuel, water, sewer or septic tank? Zoning вЂ“ Are there any regulations that would prevent siting your home on your land? A title search will probably reveal any such restrictions.ДЄccess вЂ“ Is there adequate access to the site for delivery of your home? To ensure the timeliness of the delivery process, the utilities hook up, and any site improvements, it is important to take some precautions to provide long-term durability for your new home. Developing Your PropertyДЄlready found or have the land on which you want to build? Congratulations! A Fleetwood home can be ideal for placing on undeveloped land. It may make it easier to qualify for conventional financing and the land and home together may appreciate faster than owning a home alone. Owning the property under a home is attractive to many buyers. We have contacts with agents who are experienced with sourcing land. If you are looking for property to purchase, we can help. When choosing where to place your new home, you have two primary options: placing your home on land you own or intend to purchase, or leasing property on a private lot, in a planned community, or in a park.

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