Is your neighborhood changing rapidly? Are your neighbors rehabbing, upgrading or rebuilding? Paying attention to the neighborhood, and how it grows and changes directly affects the value of your home and whether it appreciates, depreciates or pretty much stays even. Check out the articles, columns, radio shows, blog posts and videos for more information about how your neighborhood can affect your home. As always, if you are buying a home, you must make sure to consider the neighborhood and its school district.
Easement Agreement Determines Property Use
Even if you have an easement on a property, the property owner retains ultimate rights to the property. So if your driveway is on land with an easement, but you don't own the property, it may be a problem. While you may be able to come to an agreement with a current neighbor, that could change with new neighbors. The easement agreement language is key to understanding this dispute.
Highway Will Affect Home’s Value
A home buyer is considering a home that has a 4-lane expressway proposed being built behind the backyard and wants to know if it will affect the home's value. Having a major highway in the backyard could limit appreciation in the home's value and be more of a nuisance than the buyer might realize. It might be wise to pass on this home and find one that will have an opportunity to grow in value.
Contractor May Help Avoid Extensive Landscaping Changes
What can you do when the property that borders yours is to undergo extensive landscaping changes? Do you have a say in the matter? Even if your local government has approved the landscaping changes you may be able to provide an alternative by suggesting a qualified contractor.
Is Zillow.com Redlining Black And Latino Neighborhoods?
The thing I've always loved about the Internet is that it's by and large color blind. Whoever you are, whatever you do, you could go anywhere, tap int...
Survey Dispute May Be Solved With Property Taxes
A new survey revealed a lot line closer to the neighbor's home, giving the homeowner an extra 10 feet. The neighbors claim that the survey is incorrect, and they own the 10 feet. The homeowner should stake the boundaries of their lot, and investigate the tax parcel to determine if it matches the survey. It might come down to who has been paying the taxes for the extra 10 feet.
Zoning Revisions May Change Builder’s Interest In Property
It's important to know how your land is zoned when you want to sell it. A land's zoning affects what can be built on the property as well as the price that the seller can get. To find out your zoning, you need to contact your municipality.