Train running behind property

[Seyed Javaheri]

Does moving train behind a property effects & delays the selling? Should it be a deciding factor in taking over the project? I am thinking about rehabbing this property in Richmond Texas.

[Mark Johnson]

@Seyed Javaheri It will affect your ability to resell.  Certain buyers will not consider the property because of the tracks.  I have dealt with this numerous times with my clients.  However, look at the comps along the track that have sold over the last 90 days.  See what those specifically sold for and take a close look at the days on market because it might be a little higher than those that do not border the track.