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Beautiful home, not-so-great location (busy road , near traffic lights) but this parking issue was the final deal breaker.

Incredible century home appealed to me but the busy road did not. Also, the narrow driveway between the property and the house next door was not great but manageable. We then learned that 5 feet of the width of the driveway was legally owned by the neighbours. The real estate agent had not disclosed this. We disovered this on our own. So there was a decades-old informal agreement between the seller and the neighbours, but nothing was signed . If the neighbours ever sold their house, there was no guarantee that the new owners would agree to the use of that 5 feet. Thus, we could park our car, but not be able to open the car door if the new owners opted for a fence etc. Why the listing agent didn't mention this is beyond me. I assume the issue would have come to light , but it should have been stated openly.

submitted by /u/Few_Weird5724
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source https://www.reddit.com/r/RealEstate/comments/1mdx543/beautiful_home_notsogreat_location_busy_road_near/
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