I recently listed a house as a short sale the legal description
included lots 1, 2 and 3. The sellers also owned lot 4 not included in the short
sale. So the sellers had to short sale their house and sell the adjacent lot as
a regular sale. I listed the house and the lot separately and recommended that a
buyer purchase the two properties together.
Then I had a buyer come along that ONLY wanted to buy lot 4.
While doing research the boundary survey reviled a shed attached to the house
was encroaching onto lot 4 and the RV structure on lot 4 was encroaching onto
lots 1, 2 and 3. That was not the only problem. Walton County had abandoned the
road in front of all lots 1, 2, 3, and 4 and deeded one half of the road to the
sellers. Now the buyer would need an easement to access lot 4.
The solution... have the buyer for lot 4 remove the encroachments
and the sellers grant an easement across lots 1, 2 and 3 for access to lot
4.
We closed on the lot and the buyer removed the encroachments,
easement was granted. The house with lots 1, 2 and 3 sold about 3 weeks later.
Problem solved!!
Bev Dudley, Realtor
Fleur de Lis Realty
included lots 1, 2 and 3. The sellers also owned lot 4 not included in the short
sale. So the sellers had to short sale their house and sell the adjacent lot as
a regular sale. I listed the house and the lot separately and recommended that a
buyer purchase the two properties together.
Then I had a buyer come along that ONLY wanted to buy lot 4.
While doing research the boundary survey reviled a shed attached to the house
was encroaching onto lot 4 and the RV structure on lot 4 was encroaching onto
lots 1, 2 and 3. That was not the only problem. Walton County had abandoned the
road in front of all lots 1, 2, 3, and 4 and deeded one half of the road to the
sellers. Now the buyer would need an easement to access lot 4.
The solution... have the buyer for lot 4 remove the encroachments
and the sellers grant an easement across lots 1, 2 and 3 for access to lot
4.
We closed on the lot and the buyer removed the encroachments,
easement was granted. The house with lots 1, 2 and 3 sold about 3 weeks later.
Problem solved!!
Bev Dudley, Realtor
Fleur de Lis Realty