OUR Freddie Mac LOT LEASE PROGRAM SAVES YOU $$$!
We are a "SMART 55+ Active Adult Community" Clearly the BEST Part of our Community Structure! A CHANGED WORLD REQUIRES A "SMART" SOLUTION & WE HAVE IT ALL HERE FOR YOU!
This is ONE reason why AARP & Home Builders Association gave us their 2009 Special Recognitions Award for a community with over 250 units! Affordability is a must for all of us on a fixed income!! We have it here!
HUGE FINANCIAL SAVINGS TO EVERY RESIDENT with our Land Lease Program! You Will NEVER want to own your home lot under our great program! Our Freddie Mac Lot Lease Structure Program WILL keep more of your fixed income in your pocket as you further enhance your lifestyle! THAT'S SMART & It Easily Pays for Itself - Here is how:
- FIRST: You don't pay for an Expensive city lot! This SAVES you up front over $60,000 in lowering your homes purchase cost! Keep YOUR $60,000 invested making you much more money each month than our 36 year renewable Freddie Mac Lot Lease program costs! You are now easily cash flow positive every month! (It gets much better below). You are not investing in a long term land purchase that has market ups and downs-but YOU invest to get more monthly income EVERY MONTH to enjoy every day of your new lifestyle. OR-This structure greatly reduces your monthly mortgage payment by more than the lease amount times 2!!! This structure pays for itself and gives you added monthly cash income in your pocket EVERY MONTH!
- Further-You're not taxed on the land since you don't purchase it, but you still qualify for Idaho's $101,000+ Home Owners Property Tax Exemption to be fully applied to your home cost only. This SAVES you Property Tax Dollars Every Year!
- The lease further includes all the following normal expenses: ALL Your City Water, City Sewer, City Streetlights, Garbage pickup and any snow removal costs. What do you spend for this now??? NO MORE AT GOLDEN SPIKE ESTATES!
- No Homeowners Association dues or other hidden fees.
- FREE Complimentary use of all Clubhouse facilities for you, your family and friends at NO added costs to you. WHAT DOES IT COST TO BE A MEMBER OF A CLUB OR HEALTH SPA? IT'S FREE HERE AT GOLDEN SPIKE ESTATES!
FREE RV parking space! No charge for RV and/or boat storage. You have an RV? WHAT DOES THIS SAVE YOU each month??
FREE High Speed Internet WiFi signal to every home! We give you the signal FREE! ANOTHER $50/MONTH BACK IN YOUR POCKET LIVING AT GOLDEN SPIKE ESTATES if you surf the web!
ADD UP all the Benefits and you can clearly see the Land Lease Structure costs you MUCH LESS than traditional housing communities. We put more money back into your pocket while all the amenities of Golden Spike Estates enhance your lifestyle at NO ADDED COSTS! When you're on a fixed income or planning to soon-saving money every month is very important!
LOOK-THE LEASE WILL NOT INCREASE OVER THE FULL 36 YEARS EXCEPT FOR BASIC INCREASES THAT MAY TAKE PLACE IN LOT PROPERTY TAXES, CITY WATER AND CITY SEWER CHARGES ONLY! SO ANY FUTURE INCREASE WILL BE ONLY ADJUSTED BY ITEMS OUT OF CONTROL BY BOTH GOLDEN SPIKE ESTATES AND THE HOMEOWNERS. IF THESE ITEMS GO UP - THEY GO UP CITY AND COUNTY WIDE. OTHER ADJUSTMENT WILL ONLY TAKE PLACE AS A HOME CHANGES OWNERSHIP! THIS ENSURES YOUR RETIREMENT FIXED BUDGET STAYS PROTECTED AS YOU ENJOY THE NEW ENHANCED LIFESTYLE GOLDEN SPIKE ESTATES OFFERS ALL IT'S RESIDENTS! WHEN A HOME RESALES-THE OLD LEASE IS CANCELED AND A NEW ONE IS MADE FOR THE NEW HOME OWNERS TO ENSURE THEY HAVE THE SAME 36 year PROTECTION YOU DID!
COMMUNITY COVENANTS: PRIDE OF OWNERSHIP is our Standard
- A very fair and respectful set of community covenants are designed to protect you, your family, your home and ensure a high quality of life Golden Spike Estates offers.
- A clean-well cared for and pride of ownership atmosphere is clearly present. This ensures higher resale value and provides consistent curb appeal.
- Covenants restrict rentals. All homes are 100% owner occupied. PRIDE OF OWNERSHIP is best for all of us!
ON-SITE PROFESSIONAL MANAGEMENT: