Landlease apartments are cheaper, but are they worth it?

… be significantly cheaper than condos a savvy investor could buy in a landlease coop and rent it out charging the same … a steep groundrent increase or effectively be forced to buy the land Either scenario would translate to a sharp … wary of landlease buildings as well making it harder for buyers to get mortgages This can impact your ability to get …

By Leigh Kamping-Carder |October 9, 2014 - 11:59AM
Why I bought in a landlease building despite the horror stories

… building And thats where the complication comes in If you buy in the early stages of a landlease theres nothing to … left on the leaseat 30 years banks will stop lending to buyers because mortgages generally have 30year terms  On one … in nonlandlease buildings This is because buyers tend to be wary of a landlease especially one with a …

By Jill F. |August 5, 2014 - 12:00PM