Private Long Lease?
December 11, 2013 7:22 PM Subscribe
Pros and Cons of a Private Long Lease? I'm looking at property that must be purchased via this method (rather than fee simple or gov. long lease). Anyone have any pertinent information?
Long Lease Purchase renewable after 120 or so years. 200 dollar monthly lease payments. Some of my concerns are refinancing and resale value. I have never encountered this kind of purchase in America
The property is outside the states, obviously. In the former Netherlands Antilles to be more specific. Thank you for your help!