I own a ZLL with a shared foundation. Both sides of the ZLL have been condemned by the city pending repairs. I cannot stay in the home neither can my neighbor. The contractor requires that both sides agree on the repair and divide the cost before they can start the engineering and permitting process. My side is ready to go, we have the funds necessary and are just waiting for my neighbor.
I have been waiting for my neighbor for several months while paying for a rental and a mortgage. I am not sure how much longer I will be able to pay for both places. I need to get the house repaired to move on with my life.
My neighbor is insistent on “having the bank buy him out” whatever that means and says that he cannot do a repair due to “negotiations.”
Do I have any recourse in forcing a decision?
Am I stuck with a unlivable home till my neighbor sells, or forecloses?
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source https://www.reddit.com/r/RealEstate/comments/c6rm39/shared_foundation_zll_repair/
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