Skip to main content

How to determine if empty lot next door is abandoned.

Tl:dr- is there a way to find out if the city or county has determined an empty lot is abandoned. Is there a way to stay informed in case it goes up for sale.

I bought my home 4 years ago in California. Next door on one side is an empty lot. The previous owner of my home said that my lot and that lot were all one parcel at one time. The people she bought the house from decided to split them (which zoning allowed for). For 3+ years, no one did anything to or with the lot. Then, last fall there was a wildfire in the lot that cleared out a lot of loose brush and several beautiful old trees. A few of my trees along the edge of my property were damaged, otherwise we got off scot free. CalFire and the fire department took out the fence on the fire side of the property. According to heresay, CalFire and PGE are considering the property abandoned (per the tree service PG and E hired to take out one of my damaged trees).

I would love to buy the lot, as it would double the size of my lot to 3/4 of an acre. Also it is zoned for building. I could qualify for a loan to buy it if I don’t have enough cash to purchase it outright. It has no buildings on it, so I wouldn’t be competing with home buyers. I asked the agent I worked with to purchase my home for help and she was sent a letter of interest to the owners last known address, but got no response. Is there anything I can do to find out the status of the lot? With COVID and the wildfires, the owners could be dead. Their last address was in a major wildfire-adjacent area. Is there anything I can do to stay informed if the property is seized/sold.

submitted by /u/yourdelusionalsunset
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/thp5bk/how_to_determine_if_empty_lot_next_door_is/

Comments

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...

Obtaining a real estate license as a hobby?

Hello, I am 24 years old - 2 years out of college and I have my main job. I was looking to get a real estate license (in California if location matters) as a hobby/for fun since I like real estate ever since I was in high school. In the past 2 years, I would go to open house in the weekends to look at homes for fun. I don’t plan to practice real estate full time as I have my main job but I am curious are there any benefits to this? In the future, I plan to own multiple properties and have rentals, so I was wondering if getting a real estate license can help me with it? Thanks submitted by /u/AlohVera [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1f0qx9i/obtaining_a_real_estate_license_as_a_hobby/

Advice? Moved out of my primary residence and now renting

I moved out of the house I own in August 2021, I lived there for 8 years, I have been renting an apartment the past 3 years and renting out my house. My current tenant is moving out in September. I seem to have just missed the living 2 years out of 5 years rule for being exempt from capital gains tax and my house being a primary home. Any advice on what the best thing to do would be moving forward? Continue to rent out my house? I'm happy with my rental, but wouldn't mind buying another property down the road. I could sell my house down the road and try to do a 1031 exchange? Moving back in my house isn't ideal because it's an hour away from where I currently live. I could take a HELOC perhaps and try to buy another property and continue renting for the long term? I do have a 2.4% mortgage rate on the house so I don't mind keeping it for a while. Thanks for everyone's advice. submitted by /u/Ok-Top-7859 [link] [comments] source https://www.reddit.co...