Leased land is a good option for many and here is why. Comparable properties on Fee land are more expensive thus more of your available investment $ are used and/or your mortgage is higher thus a higher payment. If you buy on leased land in most cases you have an equal (or nearly equal) monthly expense including the lease, but more available assets to do other things with whether it be buy more property or pay green fees or whatever it is you want to do with it.
Be aware that not all leased land is the same. If the lease is "short" i.e. less than 33 years you cannot obtain a 30 year note. Thus when you do sell it it greatly impacts the buyer who are able to afford it and.or want to enter into a short lease. Rule of thumb is make sure the lease is at least 33 years past the time you expect to hold the property or you expect to die and let your heirs deal with it!
Best of luck in your property search!
Lease Amnt / Yr. $966.00 (Buyer to verify)
Lease Expires MM/YY 10/42
Assoc Dues #1 $335.00 (Buyer to Verify)
Let me know what your reall estate needs are I can email you a list of homes with photos to review.
Looking forward to working with you.