Expenses to Consider When Buying Your Lot

This is a “gossipy” question. Let’s gossip… no, seriously, this is a normal question.

What are expenses that you think the customers have that they didn't see coming when they buy a lot? Because somebody can get really excited and say, "Oh my God, I'm going to buy my lot." And buy it and then go, "Oh my gosh, "there's so many costs and things that I didn't know that are like sneaky costs, right?

What are some that you think that people underestimate when they're buying their first home?

-The truth?

-Yes, we wouldn't want anything else, but the truth is it.

-The taxes.

Okay.

When you buy a lot with Cayetano, for example, you know the taxes are $800. But once you add a house or you add a mobile home, it's going to go up. And it's an on average about 2.4 to 2.6% of whatever the value of the property is.

Okay. Ladies and gentlemen, hidden cost, taxes. That is the answer.