What is the advantage of leased land?

You save money! The cost of owning the land is $100,000 to $150,000. that amount is deducted from the home purchase price and you enjoy
a significant annual savings on your property tax. This allows you to have less debt, invest the money an use the extra cash flow to enjoy daily living.

Fixed Rate Lifetime Lease
The lease gives homeowners security in more than one way. Our leases will not increase by more than 3.95% annually. You have the lease as long as you or your spouse live. Our innovative lifetime lease includes land cost, community maintenance, services and amenities into one low monthly payment that provides you with the long-term financial security, the luxury of a maintenance free lifestyle in a professionally maintained and managed community (only available on Fairway Homes).

What do I have to pay for the amenities and services?
There is NO additional cost. Often the cost of Home Owners Association payments will come close to or even surpass the amount of your lease payment. We don not have any HOA fees! Our lease includes professional property management, use and maintenance of community amenities such as club house, pool, fitness center, lawn bowling, softball, tennis courts, computer room, wood working, billiards room, ceramics and much more. All of these amenities and services are under your lease for $15.34X a day. A husband and wife pay $7.67 per day per person for the use of all the facilities plus the peace of mind of a gated community.