Home Buying Update :(

posted 3 years ago in Home
Post # 3
Member
2657 posts
Sugar bee

That sucks, I’m so sorry.  Can the sale not proceed without the fence being changed?  Our survey found that our neighbor’s fence was a good 2-3ft onto our property and it didn’t affect anything for us at closing.  We’re actually getting ready to redo the fence now (about 1.5 years after closing) and install one around our backyard.

Post # 5
Member
5518 posts
Bee Keeper
  • Wedding: November 2012

There are definitely worse things that could go wrong with house buying than a fence.  Hope it fixed soon!

Post # 6
Member
2657 posts
Sugar bee

@b00kbug:  Ohhhh that could be.  My parents used to live in NY and have all kinds of crazy stories about going through hoops before closing, so it could be a NY law.  At least everything is being taken care of before closing and you can get everything you’re paying for right out of the gate.  We got kinda lucky because our neighbor with the fence has been really nice and accommodating, but things could have turned out really bad for us if that wasn’t the case.

Post # 7
Member
896 posts
Busy bee
  • Wedding: July 2009

@b00kbug:  I understand why it needs to be fixed.  It is adverse possession.  If it does not get fixed, over time it becomes HIS property, not YOURS.  That is, he gets whatever portion of the property he was encroaching with his fence, which is why the bank will want it fixed because it affects the property value, even if only slightly.

Post # 8
Member
11772 posts
Sugar Beekeeper
  • Wedding: May 2013

Ugh! That stinks! I hope it gets fixed quickly for you!

Post # 10
Member
896 posts
Busy bee
  • Wedding: July 2009

@b00kbug:  exactly.  Different states have different periods, and the time starts running from when the true owner becomes aware of the encroachment, so it is better to just fix it even if it means delay.  Sorry, I know how frustrating buying a house can be.  I’ve done it twice, and both times I felt I could murder someone.

Post # 11
Member
1472 posts
Bumble bee
  • Wedding: August 2011

We had to wait for a new roof. In winter. In a Rocky Mountain state. There was a chance it wouldn’t get done in time to close and we’d lose our rate and everything. Luckily, they were able to scrape a foot of snow off the roof to replace it while it luckily didn’t snow for 2 days. Phew!

Post # 12
Member
9220 posts
Buzzing Beekeeper
  • Wedding: September 2012

@b00kbug:  Bummer!  I’m so sorry that happened to you.

Something like that going wrong scares me since we’re in the process of building a new house.  We just got our official closing date from the builder and it’s supposed to be Dec 20.  But our survey was done quite a while ago … do you know why your survey wasn’t taken care of at the beginning of the process to avoid any delays like this?  Of course, I’m in NC, I wonder if things are different here.

Post # 14
Member
4468 posts
Honey bee
  • Wedding: April 2013

@b00kbug:  ugh how frustrating:( I hope there is a turn of events and everything works out – fx  for you!!

Post # 15
Member
9220 posts
Buzzing Beekeeper
  • Wedding: September 2012

@b00kbug:  Oh, no!  

I’d be tempted to just give them the fence and the land and be done with it rather than go through all this crap, is that an option?  Of course, you may not want to do that and I couldn’t blame you. 

 

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