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Old 04-15-2008, 11:29 AM
 
Location: PA
53 posts, read 102,128 times
Reputation: 44

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Hi Elizamary
I have visited Bon Ayre and was also struck by how abrupt the sales manager was. He didn't show any interest in talking to me about the houses and when I went back for a second looksee he still had the same attitude. I don't like hard sells but it would be nice to feel welcome when looking. The sales reps at all the other developments couldn't do enough for me even though they knew my time frame for moving was two years down the road.
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Old 04-15-2008, 02:36 PM
 
16,199 posts, read 10,547,986 times
Reputation: 28844
Quote:
Originally Posted by kc50down View Post
Hi Elizamary
I have visited Bon Ayre and was also struck by how abrupt the sales manager was. He didn't show any interest in talking to me about the houses and when I went back for a second looksee he still had the same attitude. I don't like hard sells but it would be nice to feel welcome when looking. The sales reps at all the other developments couldn't do enough for me even though they knew my time frame for moving was two years down the road.
Yep.....Mr Draper wouldn't win any personality contest, that is for sure I'm surprised how he has managed to sell as many homes as he did. I believe they have started yet another phase.
At one time, we were thinking of Bon Ayre but then we found Southern Meadows which offered a bit more for our money. Plus, our sales rep, Debbie is much nicer.
We came down 2 years before we were ready too. At that time Southern Meadows was not in exsistence.
How much Are the homes now in bon Ayre. I know our have gone up since we bought .
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Old 04-16-2008, 06:06 AM
 
Location: PA
53 posts, read 102,128 times
Reputation: 44
Elizamary
The prices for BonAyre ranged from $99,900 to $140,000 when I was there last fall. I also discounted BoyAyre because it only had one model with a garage option. Seeing all the cars in driveways gave the neighborhood a closed in feeling. They did have some nice models though. Which model is open for showing at Souther Meadows now?
Kathy
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Old 04-16-2008, 06:58 AM
 
16,199 posts, read 10,547,986 times
Reputation: 28844
Quote:
Originally Posted by kc50down View Post
Elizamary
The prices for BonAyre ranged from $99,900 to $140,000 when I was there last fall. I also discounted BoyAyre because it only had one model with a garage option. Seeing all the cars in driveways gave the neighborhood a closed in feeling. They did have some nice models though. Which model is open for showing at Souther Meadows now?
Kathy
Oh Gee, I think it is the wisteria next to the office and The office which is a campanula.
Not sure about the others. They all have 2 car garages.
Yes, bon ayre models were nice and reasonable too. We were on our way to put money down on a model when I turned off route 1 and said to my husband, "I have to see Southern Meadows one more time to be sure." So we did and the rest is history.
The only thing that was stopping us was the trailers lined up as you come in. But we just loved the houses so that we decided to buy here.
Since, the trailers have been removed.
Bon ayre does not have a pool and I love to swim in the summer so this was the best choice for us.
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Old 04-29-2008, 06:36 PM
 
16,199 posts, read 10,547,986 times
Reputation: 28844
brought this topic back for anyone that is interested.
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Old 05-01-2008, 05:58 PM
 
1 posts, read 2,207 times
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Don't come in on RENTAL GROUND! We have been up for sale,and cannot get our price, and the landlord can refuse the new people a lease.POT NETS IS certainly not the place to come and retire. The land rent goes up more than your pension will. To all that want to retire to the Long Neck area, please buy your property, and don't get caught in the LIVING ON RENTAL GROUND TRAP...
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Old 05-03-2008, 10:13 PM
 
Location: Nashville, TN
957 posts, read 3,324,946 times
Reputation: 432
Quote:
Originally Posted by beegeesmom View Post
Don't come in on RENTAL GROUND! We have been up for sale,and cannot get our price, and the landlord can refuse the new people a lease.POT NETS IS certainly not the place to come and retire. The land rent goes up more than your pension will. To all that want to retire to the Long Neck area, please buy your property, and don't get caught in the LIVING ON RENTAL GROUND TRAP...
You can't use Pot Nets as an example of leased land. You're dealing with the Tunnell cartel. There are plenty of good land lease deals here, even right here on Long Neck.
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Old 05-06-2008, 07:50 AM
 
Location: Sunshine N'Blue Skies
13,320 posts, read 20,105,171 times
Reputation: 11645
Quote:
Originally Posted by beegeesmom View Post
Don't come in on RENTAL GROUND! We have been up for sale,and cannot get our price, and the landlord can refuse the new people a lease.POT NETS IS certainly not the place to come and retire. The land rent goes up more than your pension will. To all that want to retire to the Long Neck area, please buy your property, and don't get caught in the LIVING ON RENTAL GROUND TRAP...
Exactly...........I know people in drastic trouble there. Please, please, people......live on your own land. Things can change overnight, costs, fees.......you are at the mercy of someone else.
I lived in a community but on " owned land" in Pa........and there was control there too. I am so happy to be on my own, on my own lot.........just wonderful. Good neighbors, nice and neat........no one watching over me.
No rents raising up.........just feels so good.
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Old 05-06-2008, 08:43 AM
 
7,327 posts, read 10,758,419 times
Reputation: 14833
Summering....I've come to realize that in Delaware, Kent & Sussex Counties, that I know of, rented land is the current, hot trend, especially for those moving from other states to Delaware. It' not for me, and like you, I've seen and heard of some hardship cases and law suits. One such pending case involves this dilemma: To sell your house/manufactured home on rented land is one thing, but not always is the community obligated to rent the land to the person buying your house. All is not rosy within these communities, and the picture painted by sales agents can indeed fade. The developers of these communities are relatively unknown in Delaware, but are experienced in developing raw land to guarantee a lifetime of continuous income. Someone equated Delaware to being the future "Retirement Capital" replacing Florida, and eventually leading to a predominantly elderly occupied State, unattractive to the young and ambitious. They are somebody else's words, not mine.

Having said all of that, we must realize, that these are grown adults, making their informed decisions, in regard to land leases. I equate this situation to trying to tell an over 18 year old son........."Don't Date Her".
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Old 05-06-2008, 10:46 AM
 
19,922 posts, read 9,975,390 times
Reputation: 27341
The question for me is, "Can I get all the house I want for the same money without using the land lease option"? Here is a very specific example from two actual communities using today's dollars for purchase and inflation for future costs:

House #1 - Land Lease. Base cost $228,000. First year's tax, HOA and ground rent is $5,900. Using 5% annual inflation, over 25 years, tax, HOA and ground rent will cost $297,526. Add that to the cost of the house and the total is $507,526.

House #2 - Fee Simple - but not exactly the same size at House #1, but close enough for comparison. Base cost $ 284,900. First year's HOA and tax is $4,780. Using 5% annual inflation, over 25 years, tax and HOA will cost $225,015. Add that to the cost of the house and the total is $509,915.

In this example, based on two homes that meet my needs, the cost for land lease, over a 25 year period is less than the cost of owning my own. Further, the land lease house is larger and closer to what I want than the non-land lease. The non-land lease house does have slightly better appliances and a whirlpool spa in the community center.

Having said that, I have NOT locked into anything yet. In my next trip down, I am taking a second look at Champions Club in Magnolia. But I can certainly understand why there is a segment of the population that has no problem with land lease and I happen to be one of them - assuming that I have read, can understand and will accept all the fine print. (terms, conditions, etc)

Charley
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