Post # 1
My last post was about renting a house from BIL and it was a pretty bad situation. We decided to not rent from him and move on. Well a family friend of DH put her house up for sale. We went to look at it…and fell in love! It is perfect and such an amazing price. Its on a corner lot, has two empty lots behind it and nothing but an empty field across from us. So we only have one neighbor and they seem like sweethearts.
The problem is DH’s parents ran into the older gentleman who owns the two empty lots behind the house. They really wanted to see if we can buy those lots too, but the guy actually told them he definitely will not sell them and that the lady’s fence is actually on his land. So we all met him over at the house and he told us he owns RIGHT UP to her back porch!! And that she came to him and asked for permission to build a fence on his land. We were so upset because the “large” backyard was such a selling point for us…especially after living in an apartment for 3 years we really wanted yard space.
I called the realtors and they had no idea about any of this. The MLS listing said the lot is 100×70…but I went to the courthouse and looked at the plat and it is actually 109×40. We still get about 12-15 feet in the backyard and a pretty large side yard.
Now I am anxious because we put in our offer and came in way under her asking price. We don’t want to offend her, especially because she is a family friend, but she basically led us on about the backyard and we had to find out ourself that when we buy the property, we don’t get all that was shown to us.
So we are waiting to hear back from our realtors and I am such a nervous wreck. Buying a house is stressful! My DH is cool as a cucumber though lol.
Post # 2
I just got off the phone with our realtor and they countered to $3000 above our offer…and we accepted! Yay! We’re going tonight to sign the contract. Ahhh!
Post # 3
Congratulations! Best feeling ever 🙂 But as a real estate agent in training I just learnt that not having the correct measurements on the listing is a big no-no. I’m glad she only countered back $3000.
Post # 4
I’m glad it worked out for you but I wouldnt buy that house. You never know when the owner of the other property might change his mind and tell you he wants you to take down the fence. Also, when he eventually passes away that land will go up for sale and you won’t have any right to the land that the previous owner got permission to use. If you don’t care about somone owning land right up to your back porch, then I guess it’s ok. That’s not something I’d be ok with though.
Post # 5
That’s great that it worked out. You may want to consider having the fence removed so you have a clear land title. You could run into problems if you have to pay for the easement for the fence.
Post # 6
Yes, I agree that you need to ensure everything is clear and legal before offically taking ownership. Perhaps you should talk to your agent tonight about that prior to signing the paperwork. Does the current owner have a real property report (that’s what they’re called in Canada, not sure about other countries.)
Post # 7
I should have clarified in my OP, the owner of the other property only owns maybe 6 inches into where the seller has the fence up. DH has talked to her and she is going to take down the fence so we have nothing on his land. Then we are going to get the land surveyed and staked so we can put the fence up where our land begins.
But thank you all! We are really excited 🙂