Saturday, June 25, 2011

A while back, I wanted to purchase this property. After executing a purchase contract, I had the property surveyed only to find that the railroad's right of way cuts right through the kitchen addition. I spoke with the railroad's right of way person and then to our real estate attorney. Our attorney explained that with this particular title exception, it would be difficult for a home buyer, using conventional financing, to purchase the home. So, we terminated the contract.

No comments:

Post a Comment