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Old 03-11-2008, 12:58 PM
 
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Originally Posted by rwmatfl View Post
Thank you, Elizamary. I will speak with my buddy about Pot Nets, but it looks like we'll have to keep looking around. That in itself can be fun.
Oh we looked for 2 years and had a ball. That is the one thing we miss now. I think that is why I hooked on to city data, it's like visiting communities, meeting new people and gathering information.
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Old 03-11-2008, 06:38 PM
 
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In the Pot Nets area, and on the road that leads there, I've seen 30-40 listings for sale between $100,000 and $200,000, in fee simple interest (own your own land). Some are nicer than others, and many are just as close to the water as Pot Nets. I don't understand people searching out communities near the beach area with leased land, when there are so many for sale (just as nice, or nicer) in fee simple. Maybe it's the tight knit community people are looking for, or the smaller lot, but many of these I've seen for sale are in well maintained areas, and on nice streets. As for other areas, such as Dover, I understand the leased land attraction, as Charley so well explained.
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Old 03-12-2008, 07:46 AM
 
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Quote:
Originally Posted by Delly View Post
In the Pot Nets area, and on the road that leads there, I've seen 30-40 listings for sale between $100,000 and $200,000, in fee simple interest (own your own land). Some are nicer than others, and many are just as close to the water as Pot Nets. I don't understand people searching out communities near the beach area with leased land, when there are so many for sale (just as nice, or nicer) in fee simple. Maybe it's the tight knit community people are looking for, or the smaller lot, but many of these I've seen for sale are in well maintained areas, and on nice streets. As for other areas, such as Dover, I understand the leased land attraction, as Charley so well explained.
It is the community near the beach that we were looking for. Not at all lonely.
Us retired folks dont' have to go far for socialization. It is not for everyone but there are load of folks that want this life. One thing, no taxes on the land. You only pay taxes on the house.
the way I figured, it is as broad as it is long.
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Old 03-12-2008, 08:27 AM
 
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Quote:
Originally Posted by elizamary View Post
It is the community near the beach that we were looking for. Not at all lonely.
Us retired folks dont' have to go far for socialization. It is not for everyone but there are load of folks that want this life. One thing, no taxes on the land. You only pay taxes on the house.
the way I figured, it is as broad as it is long.
Clarification: In that post, I was speaking of Pot Nets, Eliza. See my last line regarding Kent County land/lease communities, and I completely understand that attraction.
By the way, taxes on vacant land are cheap in Kent County. Here's the tax breakdown on my 3.5 acre vacant lot west of Dover.....Total $112.36 per year.

CNTYCOUNTY TAX 17.50COLBCOUNTY LIBRARY TAX 2.59D-10CULBRETH MARSH DITCH .45D-14MELTON DITCH 4.95S 20CAESAR RODNEY SCHOOL 78.75VOCAVOCATIONAL SCHOOL 8.12TOTAL TAX FOR YEAR 2007112.36
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Old 03-12-2008, 08:51 AM
 
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Quote:
Originally Posted by Delly View Post
Clarification: In that post, I was speaking of Pot Nets, Eliza. See my last line regarding Kent County land/lease communities, and I completely understand that attraction.
By the way, taxes on vacant land are cheap in Kent County. Here's the tax breakdown on my 3.5 acre vacant lot west of Dover.....Total $112.36 per year.

CNTYCOUNTY TAX 17.50COLBCOUNTY LIBRARY TAX 2.59D-10CULBRETH MARSH DITCH .45D-14MELTON DITCH 4.95S 20CAESAR RODNEY SCHOOL 78.75VOCAVOCATIONAL SCHOOL 8.12TOTAL TAX FOR YEAR 2007112.36

Yes, I know you were speaking of pots nets. I was just throwing out my two cents regarding land lease properties.
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Old 03-12-2008, 09:02 AM
 
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Quote:
Originally Posted by elizamary View Post
Yes, I know you were speaking of pots nets. I was just throwing out my two cents regarding land lease properties.
Oh, O.K.
Most certainly, there is a demand for this type of property.
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Old 03-12-2008, 10:43 AM
 
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I think that one of the few advantages of having to wait up to five years to get into my ultimate 55+ home is that I can watch the behaviors of the various communities and the land lease fee increases over time.
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Old 03-12-2008, 10:56 AM
 
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Originally Posted by Delly View Post
Oh, O.K.
Most certainly, there is a demand for this type of property.
Same here
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Old 03-12-2008, 12:51 PM
 
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Originally Posted by CMTAD View Post
I think that one of the few advantages of having to wait up to five years to get into my ultimate 55+ home is that I can watch the behaviors of the various communities and the land lease fee increases over time.
Smart Guy! You'd be amazed at the people playing the waiting game around here, also! Now, Nobles Pond.....custom built? as in stick built? or modular, as in "brought to the lot" but not a manufactured home.
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Old 03-12-2008, 12:56 PM
 
19,922 posts, read 7,412,509 times
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Quote:
Originally Posted by Delly View Post
Smart Guy! You'd be amazed at the people playing the waiting game around here, also! Now, Nobles Pond.....custom built? as in stick built? or modular, as in "brought to the lot" but not a manufactured home.
Modular ... and if I could make the move tomorrow, I'd do it. I hate the waiting, but clearly the benefit issue is a no-brainer.
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