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Buying a property with only a part of the land
Comments
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I'd also be worried about where all the builders cars/vans and 'stuff' (equipment etc) is going to go when the garage is converted. The owner doesn't sound like someone who considers the effect on other owners.1
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lookstraightahead said:What a hassle. Just walk away and find a buyer who wants to sell properlyI see a lot of people leave comments like that on here.That's very easy in a buyers market, lots of properties on the market in all the right areas and so on.Right now, there's nothing on the market and the desirable stuff that does ends up getting in an auction.1
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newsgroupmonkey_ said:lookstraightahead said:What a hassle. Just walk away and find a buyer who wants to sell properlyI see a lot of people leave comments like that on here.That's very easy in a buyers market, lots of properties on the market in all the right areas and so on.Right now, there's nothing on the market and the desirable stuff that does ends up getting in an auction.
BUT... what's on sale in this case is what's on sale. Ignore what it was before. If the vendor was half-way competent, they'd have sorted the new fencing and title out before viewing.
So the question is whether you want to buy what he's selling. Not what it used to be. What it will be post-sale. Smaller plot. Access. The lot.
If not... walk away.3 -
newsgroupmonkey_ said:lookstraightahead said:What a hassle. Just walk away and find a buyer who wants to sell properlyI see a lot of people leave comments like that on here.That's very easy in a buyers market, lots of properties on the market in all the right areas and so on.Right now, there's nothing on the market and the desirable stuff that does ends up getting in an auction.It's not really the land situation, it's the seller. I've just been through a drama with land but the sellers were very accommodating.
why buy somewhere you don't want just because it's a sellers market? Of course you can find somewhere else.1 -
Thank you all for your comments. We have decided not to go for this purchase. It's too much hassle now and on the long term. As much as we like the place, we are not willing to compromise on either giving up a bit of land in front of the place or giving right of access/any easement at all on this area, there is no gain for us.4
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srlam said:Thank you all for your comments. We have decided not to go for this purchase. It's too much hassle now and on the long term. As much as we like the place, we are not willing to compromise on either giving up a bit of land in front of the place or giving right of access/any easement at all on this area, there is no gain for us.
You may even find that the vendor comes back to you when he finally wakes from his stupor and realises patsies aren't for the picking.No man is worth crawling on this earth.
So much to read, so little time.1 -
Emmia said:Is the vendor splitting the title (at the land registry) to retain ownership of the 60cm + garages? How does your lender (assuming you're buying with a mortgage) feel about the reduction in size & presumably value?
I wouldn't be letting him park or walk on your land and I'd probably avoid this property because of him.
Agreed, we decided to walk away from this sale anyway.1 -
Rosa_Damascena said:srlam said:Thank you all for your comments. We have decided not to go for this purchase. It's too much hassle now and on the long term. As much as we like the place, we are not willing to compromise on either giving up a bit of land in front of the place or giving right of access/any easement at all on this area, there is no gain for us.
You may even find that the vendor comes back to you when he finally wakes from his stupor and realises patsies aren't for the picking.2
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