Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

203
Posts
34
Votes
Allison Meggison
  • Realtor
  • Bangor, ME
34
Votes |
203
Posts

How does leased land effect the sale of a single family home?

Allison Meggison
  • Realtor
  • Bangor, ME
Posted

I searched some other posts but it seems like I just need to get the details of the lease? I found a seller in Maine who has a Single family home on a 7,405 sq ft lot, half the lot is empty from where an older house was torn down. The homeowner said he pays $250 a month for the lot rent because it's leased land. He said that in order for the land to be built on it would have to be bought and rezoned. How do I account for this when making an offer on the house?

Loading replies...