In this episode of our podcast, we delve into the world of buying on leased land. We discuss the pros and cons of buying a property on leased land, including the benefits of having a long-term lease agreement and the potential for lower upfront costs. We also cover important considerations such as the terms of the lease agreement, the length of the lease, and the potential for renewal. Additionally, we discuss how to navigate the financial aspects of buying on leased land, including budgeting for lease payments and understanding the impact on financing options. We also talk to experts and real estate professionals about the legal and regulatory aspects of buying on leased land, and how to protect your interest as a buyer. This episode will provide valuable information for anyone considering buying a property on leased land, whether it's for residential or commercial purpose.
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eXp Realty Kelowna
1631 Dickson Ave, Suite 1100
Kelowna, BC V1Y 0B5