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Updated over 7 years ago,

User Stats

85
Posts
32
Votes
Tim Greenfield
  • Rental Property Investor
  • Wiesbaden, Hesse
32
Votes |
85
Posts

Survey shows fence in neighbors property_closing in 1 week_1st TK

Tim Greenfield
  • Rental Property Investor
  • Wiesbaden, Hesse
Posted

Getting ready to purchase my first TK property in Cleveland, OH and planning on closing next week. I have received the plot survey from the title company and it states that a portion of the chain link fence is approximately 1.5 feet inside the neighbors property for approximately 114 feet.

The TK provider has stated that this was not installed by them and wants to know what I want to do about it.

However the title company has said that this is not a show stopper for closing.

My gut tells me that I am purchasing the property from them and they as the owner should resolve this prior to me closing as I don't want this to come up 5 weeks or 5 years from now at my expense but as this is my first TK purchase, I want to make sure that I am not over reacting.

Two inspectors I have had gone through the property say that it is a good rehab.

Any guidance would be appreciated.

Thanks,

Tim

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