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Updated over 6 years ago,
One Property sitting on a shared lot Have you dealt with this?
I have an offer on a multi family duplex that's been accepted. I just found out that the property is shared by two lots. So there's a total of houses involved. House 1 - 2 bedroom, House 2 duplex, House 3 3 bedrooms.
The owner of the lot is the same guy that's selling me the duplex. The likely options are a package deal for all three properties.
- Have you dealt with this?
- What invoved with splitting the lots? Costs - I'd like to quantify his headache which may make him more motivated.
- What type of headache will I be inherting?
- This seems like this strenghtens my neogation strength?