March 2017

Found 1 blog entry for March 2017.

Mar 16

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One of our most common requested properties are the homes located in the Lido Peninsula community.  For those not familiar with Newport Beach you can easily understand the attraction, living in Newport Beach by the water for often times under $400,000.  So what's the catch?  First, these home are manufactured homes and not a traditional single family residence.  The homes are also located on lease land which many don't understand including local real estate agents.  The most common question we get is wanting to get more information on the lease land.  This is our understanding of how this is set up but we always encourage you to consult with the management company for exact details on the lease.

On December 31, 2023 the lease will come due on the homes