Leasehold properties can seem enticing based on their lower price point - and in some cases this is a great option for home buyers or investors. But there is a lot know about this type of property including who owns the lease, the amount of years remaining on it, the type of lease, the size of down payment required and what happens when the lease expires. In this episode we explain each of these aspects in detail and when it is, and when it isn't, a good idea to explore the idea of buying a leasehold property.
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