Buying lot adjacent to ours

Anonymous
Anonymous wrote:This is OP. There’s a small house on the lot, hence the inspection. It looks like it’s in pretty good shape, and DH and I were thinking we could use the house as guest accommodations including long-term stays for the grandparents. It’s definitely zoned for residential and I wouldn’t expect any weirdness like an oil tank given the history of the neighborhood.

Forgot about the title company, thanks! Yes, I will definitely hire a title company to make sure title is clear.

So I should hire a title company, appraiser (as we have no idea about price), and maybe a home inspector?


I would buy that lot in a heartbeat. Have told you how much they want to sell the home for?
Anonymous
Summary
Real estate attorney, survey, home inspection, confirm utilities, zoning and occupancy rules, appraisal, closing and get owners title insurance.
Anonymous
Anonymous wrote:
Anonymous wrote:This is OP. There’s a small house on the lot, hence the inspection. It looks like it’s in pretty good shape, and DH and I were thinking we could use the house as guest accommodations including long-term stays for the grandparents. It’s definitely zoned for residential and I wouldn’t expect any weirdness like an oil tank given the history of the neighborhood.

Forgot about the title company, thanks! Yes, I will definitely hire a title company to make sure title is clear.

So I should hire a title company, appraiser (as we have no idea about price), and maybe a home inspector?


I would buy that lot in a heartbeat. Have told you how much they want to sell the home for?
Anonymous
Anonymous wrote:You should get a survey and make sure that it has clear title.


This
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