A blog about the restoration of a wonderfully unusual house in Durham's Cleveland+Holloway neighborhood.
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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment