Home Buying in Sylmar>Question Details

Lori, Home Buyer in Los Angeles, CA

What are the HOA dues in the Santiago Estates in Sylmar, Ca.?

Asked by Lori, Los Angeles, CA Sat Jan 12, 2008

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Hi Lori,
As you are probably aware, the homes at Santiago Estates are manufactured homes. When you purchase the home, the only thing that you are buying is the home. Each of the homes is on leased land. When you purchase, you then sign a lease agreement with the management of Santiago Estates. Currently the land leases range from $750 to over $1,000 per month. The lease is under rent control, so the management can not increase it more than the city mandated amount. If you have any additional questions, please feel free to contact me.
0 votes Thank Flag Link Tue Mar 25, 2008
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