#33
9500 Harritt Rd
Lakeside Ca, 92040
Age 55+
#92
9500 Harritt Rd
Lakeside Ca, 92040
Age 55
#193
9500 Harritt Rd Lakeside Ca, 92040
Age 55+
#135
9500 Harritt Rd
Lakeside Ca, 92040
Age 55+
Unit #157
$625,000
Closed on 03/12/2020
Sold for $875,000.000
Closed on 04/18/2020
$265,000.00
Closed on 04/10/2020
$825,000
Closed on 03/29/2020
$365,000
01/25/2020
$285,000.00
Closed on 12/20/2020
This is the most common of the 3. You purchase the MobileHome and pay a lease to the park. When purchasing the buyer will have to be approved by the park. Usually the buyer has to have a 650 credit score and income 3x's the park rent. In these types of parks the homes are usually more affordable than the other 2. The down side is the lease goes up on a monthly basis. Land leases can run any where from $600 to $1,500 a month! It's important to understand the lease increases before making a offer.
In a resident-owned community (ROC), homeowners form a non-profit business called a cooperative. Each household is a Member of the cooperative, which owns the land and manages the business that is the community. Members continue to own their own homes individually and an equal share of the land beneath the entire neighborhood. There are many benefits to living in a ROC.
Those communities typically have a homeowners association (HOA) run by park developers or the residents. The HOA establishes community rules, and dues often run in the $200-$300/month range. Often trash, water, sewage, and park maintenance are covered by your dues. You’ll also need to follow the rules of the HOA, which might limit which colors you can paint your house and where you can park, among other thing
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