Residents of Park Communities enjoy privacy and neighborliness reminiscent of small-town America. Since homeowners do not own the lots, in many of the parks, they benefit from low property taxes and insurance costs. Life in a community is commonly thought of as a maintenance free lifestyle. While the homeowner is responsible for a little bit of maintenance and upkeep to his home site and the home itself, it is extremely minimal when compared to the maintenance requirement of a homeowner who also owns his land. "Investment" Since the purchase price of a manufactured home located in a land-lease community is significantly less than that of a home with land, it stands to reason that both the initial investment (formerly down payment) and the monthly investment are also considerably less.
"Security" There is a sense of "neighborhood" which creates closer relationships than generally found on stick built home communities. People feel closer to each other in a community and look out for each other. Space rents vary on different parks. Some have long term leases which are transferable. Some are controlled by the Consumer Price Index. Check with park management at the desired park of interest to find out what they offer.
If you're considering "down sizing", "less maintenance", "lower overhead" with more time on your hands to enjoy your lifestyle, than I would recommend mobile home living. If you want "home ownership", but can't see paying that high mortgage and property taxes, than consider a mobile home. Mobile homes are in more demand now than ever due to the increased prices of real estate and also the rental market.
There are family and senior parks to choose from depending on your living arrangements. View some of the homes listed and call for others. I am a mobile home owner myself and fully aware of all aspects of mobile home living. Allow me to help you find that perfect home.