Buying a house one door next to a current demolished house

[Jose Ortega]

Hi, I am buying a row house tomorrow. I was not aware that the second house to the Left was going to be torn down, I discovered this when I drove by. Is there any recourse to stop the purchase without losing my deposit?

Also, assuming I buy this property. How much the appraisal would be affected if any? I am not sure if the house is going to be rebuilt, or if the shell structure is going to remain a shell (they left only part of the facade that has original stone).

I am trying to BRRRR.

[Paul S.]

I'm not exactly sure what your situation is.  Go to L&I and look up the permits to see who is doing the demo and if there are any other permits being pulled for reconstruction and whatnot.  If its the city tearing it down, try to figure out how to purchase the resulting lot.  If its an investor tearing it down, they are probably planning a rehabb of some sort.