Living a lifestyle of true freedom in a 55+ community means owning a beautifully designed home while leasing the land it sits on, which can eliminate many of the costs and chores of traditional homeownership. In a Temple Companies Lifestyle Community, that approach comes with a full range of amenities and one simple monthly lease fee.
Key Takeaways
- The Temple family’s vision goes back to 1955 and goes beyond building manufactured homes. The goal was to give people 55+ a way to live a freer, more unique life.
- In a land-lease community, you own your home and lease the site it sits on.
- That model can mean far less cost than a site-built home, no upfront property costs, and no big monthly mortgage payments.
- Residents pay one easy monthly lease fee, with no real estate taxes, association fees, or additional property costs.
- Homes are built in a controlled environment, are energy efficient, and come in a wide range of designs you can customize.
- The Temple Companies manages your community rather than a typical Homeowners’ Association, which helps keep neighborhood politics out of daily life.
- When it’s time to sell, you can sell your home to anyone within the age guideline.
- Details vary by community, so ask the community team exactly what your monthly lease fee covers.
Standing on the Shoulders of the Temple Family
Someone once said that any time we find success, we are standing on the shoulders of those who came before us. In a very real sense, the people who enjoy life in a Temple Companies Lifestyle Community are doing exactly that. The Temple family’s vision, which goes back to 1955, has produced communities that are truly something special.
They didn’t simply decide to build communities of beautiful manufactured homes. They saw beyond that. The real idea was to give people 55+ a way to live a unique life, with both visual beauty and the freedom to live.
A New Kind of Opportunity for People 55+
That idea became the driving force for The Temple Companies. What could they do to create real opportunities for people 55+, retired seniors, active seniors, and anyone who wanted to downsize? They started by asking what features would matter most to active adults, and then they built the answer. Each Temple Companies Lifestyle Community is part of that answer.
What “True Freedom” Looks Like in a Land-Lease Community
Homeowners in our communities enjoy a practical kind of freedom, and it comes from several things working together.
A Better Home for Less
- The superior construction of a manufactured home
- Far less cost than a site-built home
- Homes built in a controlled environment
- Energy efficiency
Simple, Predictable Monthly Living
- Leasing a home site in the community
- No upfront property costs
- No big monthly mortgage payments
- No real estate taxes
- No association fees
- One easy lease fee each month, with no additional property costs
Lifestyle and Flexibility
- A full range of amenities
- The option to sell your home to anyone within the age guideline
- The ability to invest the money you save
Look at that list again and think about what it would mean for your day-to-day life. That’s what we mean by “lifestyle.” It’s a practical, smart way to live. People who have looked at condos, townhomes, and single-family homes are often amazed when they discover a land-lease community like ours.
How the Costs Compare
This is a simple way to see where the savings come from. Exact numbers vary by community and by home, so use this as a starting point for your questions.
| Cost or Responsibility | Traditional Site-Built Home | Temple Companies Lifestyle Community |
|---|---|---|
| Cost of the home | Often higher | Far less cost than a site-built home |
| Land | Purchased with the home | Leased, with a home site in the community |
| Upfront property costs | Usually required | None |
| Monthly payment | Typically a mortgage plus separate property costs | One easy monthly lease fee, with no big mortgage payment |
| Real estate taxes | Typically paid separately | None |
| Association fees | Depends on the neighborhood | None |
Land-Lease: A Unique and Affordable Way to Freedom
Many seniors live on a fixed income and have limited housing options. Frankly, that’s true for plenty of people given today’s high cost of living. It’s the reason The Temple Companies developed these communities in the first place.
With a land lease, homebuyers save money by leasing the land under their home while still owning the home itself. You can save significantly on the cost of the home you want, and you can customize a wide range of home designs to fit your lifestyle.
Managed by The Temple Companies, Not a Typical HOA
The Temple Companies manages our communities rather than a typical Homeowners’ Association. That helps eliminate the neighborhood politics that can come up when personalities clash, so you can get back to enjoying your home and your neighbors.
Common Questions About Land-Lease Living
Do I own my home in a land-lease community?
Yes. You own your home and lease the site it sits on. That is how homebuyers save money while still owning the home itself.
What does the monthly lease fee cover?
The lease fee is meant to be one easy monthly payment with no additional property costs. Because details differ from one community to the next, ask the community team for a clear list of what is included and which personal expenses, like utilities, are separate.
Are manufactured homes built to a high standard?
Our homes are built in a controlled environment, with superior construction and energy efficiency, and they offer a wide range of designs you can customize.
Can I sell my home later?
Yes. You can sell your home to anyone within the age guidelines.
Is this the same as living in an HOA community?
No. The Temple Companies manages our communities, not a typical Homeowners’ Association, and there are no association fees.
So, How Do You Live a Life of Freedom?
Start by seeing it for yourself. Explore our communities to find the Temple Companies Lifestyle Community that fits you best, then arrange a visit and learn about all the benefits you’ll enjoy as a homeowner.
Home designs, amenities, lease fees, and age-qualification requirements vary by community. Please contact the community directly for current details.