Saturday, May 26, 2012
FAQ: What will happen with the lot next door?
Buyers who are considering the purchase of a home or condo with a vacant lot(s) next door or even a wooded area behind them must be careful when evaluating the property for purchase.
These are only words of caution....not legal advice.
Yesterday while showing an oceanfront condo in Indialantic, Florida I was asked about the vacant lot next door and what could happen with it. The condo had some great south and east views from the balcony but if another condo was built the view could vanish.
My answer was one I have spoken many times in the past... I can't speculate on what may or may not happen.
All I (or any other real estate agent) should say is that as of this moment it is vacant and you have a clear view of the ocean.
When considering a real estate purchase in Florida the buyer should perform their due diligence....investigate, seek answers, ask questions and when you are comfortable with your results, go forward.
Answering questions out of my sphere of knowledge is something I will not do but I will refer you to the appropriate expert.
If you have a question about Brevard County, Florida homes for sale or selling your Brevard County, Florida home, please send me an email.