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Old 07-25-2008, 04:59 PM
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Default Pots Net Community

Hello - I saw on a recent posting in which the author warned someone to stay away from PotsNet. My parents are thinking of buying there in a new community. They are looking to sell their home and move there in order to avoid land responsibility (close to retirement age, leaving a home with 3 acres of responsibility!) Can anyone tell me why a poster might have warned against the community? We live in Pennsylvania, so we are not familiar with the reputation of the community. Thank you for your help
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Old 07-25-2008, 05:38 PM
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You will find a lot of information about Pots Nets if you write the word above in that "search" square.
One thing to note is that the land leases have risen up very high, and that was not a good thing for some of the people who live there. Four thousand, in four years I'd call a bit excessive. Thus, bringing the total to 8,000 in lot rent. Some are upwards to 15,000 or thereabout if I am not mistaken. The lots on the water.
It is beautiful, the grounds are well kept, the clubhouse is very nice........the boat docking is a good asset. Very nice pools......
It really is nice being by the bay. Just let your parents be aware that the homes although well priced, are on land that can run high in a lease cost.
This goes up higher( and faster) then any tax bill I have received over any of the homes I have purchased.
Then there is a yearly tax on your home, a quarterly sewer bill,........the usual things.
There are a few other places with more stable rises in the lease amount.
I'd take a ride with your parents, slip in there and visit, walk around........
Its not that long of a ride 3 1/2 or so hours from PA locations.
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Old 07-25-2008, 07:20 PM
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Location: Kirkwood, DE and beautiful SXM!
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If your parents can afford the lot rent at Pots Net, they could purchase a home in a community such as Angola by the Bay and just pay someone to take care of the yard, even though those yards are very manageable.
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Old 07-25-2008, 08:03 PM
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I think there are a few places around..........one in the marina area.
But, Angola is great.......that goes under Lewes when you look for homes on line.
I think there HOA is up to 500 per year...But that is a drop in the bucket compared to other places. I also like the town of Millville a bunch, Ocean View...and that area.
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