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What should I know before granting my neighbor a shared driveway easement?

My neighbor has proposed removing our shared fence to create a wider driveway, offering me an easement over his portion in return. The arrangement seems reasonably fair, though I haven't yet consulted an attorney. What should I understand about the recording requirements and long-term liabilities before granting a permanent easement like this?

7 Answers

Can a USDA loan cover both land and construction costs?

My partner and I hope to build a small homestead in upstate New York, and we understand a USDA Single Family Housing Guaranteed Loan can sometimes finance both the land purchase and the construction of a home on it. Is that accurate, and are there restrictions on the type of home or materials, such as straw bale construction, that would qualify?

4 Answers

our hoa just hit us with a $4000 special assessment out of nowhere for roof repairs on the clubhouse we never even use.

our hoa just hit us with a $4000 special assessment out of nowhere for roof repairs on the clubhouse we never even use. is that even allowed or can we fight it somehow

6 Answers

How long does short sale approval usually take?

My offer on a short-sale property has been accepted, and I understand the seller's lender must still approve the transaction. Since I am in no rush and would actually prefer a slower closing, what is a realistic timeline for that approval process? The lender in question is Rocket Mortgage, if that is relevant.

7 Answers

What should I verify before buying a house tied up in the seller's bankruptcy?

We had an accepted contract on a house, but right before anything could move forward, the seller's agent told us there's a bankruptcy filing tangled up with the property, plus it went through a foreclosure sale that never got fully resolved. The seller's attorney is working with the mortgage company now, and we've been told to hold off on ordering the inspection or appraisal until that's sorted out. If they eventually clear us to proceed, what should we specifically verify before spending money on inspection, appraisal, and title work?

5 Answers

Looking to borrow equity out of my house

Need to fix a couple windows.Get A/CnSystem , check and get some debris removed from the yard

5 Answers

Is a cash offer smarter than listing traditionally?

Our house doesn't need any major work, but with three kids and two dogs, small repair requests already feel exhausting. We have a specific number we'd be happy walking away with, low enough that we could probably get it in cash without ever listing traditionally. Is it worth skipping the repair-negotiation-commission dance for a guaranteed cash number under market value, or am I underestimating what we'd be leaving on the table?

11 Answers

Do I need a contingency plan if my new construction closes before my current home sells?

My newly constructed home is slated for completion in late October, yet my current residence remains on the market amid unusually slow regional activity despite an aggressive marketing campaign. I am a licensed agent myself and have exhausted the marketing tactics I know. I would appreciate guidance on the financing and timing options available to buyers in this predicament, specifically bridge loans, rent-back arrangements, or builder extensions, so I am not forced into an unfavorable decision as my closing date approaches.

7 Answers