Consider your options. One is to commit a large amount to the purchase of land - an arrangement whose primary beneficiary is the developer. The other is to purchase a less labor-intensive home on leased land and keep your funds available for discretionary or emergency purposes. Some of our competitors still push land purchase, claiming land ownership frees you from additional financial obligations. However, this is not the complete story.
Land ownership is an expensive way to live due to high property taxes and maintenance requirements.
When you're considering a purchased vs. leased developed lot, look at the entire picture - financial, lifestyle and the business relationship. Be sure you get clear, concise answers to important questions. Property ownership is important to some people. Others enjoy the lifestyle advantages offered by a land lease community with protective standards. Evaluate both options.