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Updated over 5 years ago,
Property Line in the middle of House
Today while searching for new properties in my area I ran across a home that looked to be in the middle of a re-model. It was purchased a year prior at $85,000 and now listed for $34,000, so it grabbed my attention. It definitely needed some more work but comps in the area were a minimum of 135K. The more I dove into the property I found out the house was being sold as QCD and I assumed this was because the owner was in Foreclosure and possibly realized THE PROPERTY LINE WAS IN THE MIDDLE OF THE HOUSE. The home was encroaching the neighboring property lin by more than 28 feet.
Has anyone every experienced anything like this? if so, how would you go about approaching the property and possibly getting the property lines redrawn?
From what I have gathered, the encroached property owner had both pieces of land at some time or another...
any and all comments appreciated :)