Someone asked me what is leasehold properties and whether it is worth it to purchase one. The answer can be both complicated and not, as freehold properties remains the hot favorites for homebuyers. Why would one want to purchase a leasehold property, and why are there still a lot of leasehold properties on the market? Are consumers on the losing end if they purchase a leasehold property?

I am not a legal expert on definitions of properties, but here is what I know.

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