Postage stamp survey
Posted: Sat Aug 16, 2014 1:52 pm
Attached is a snapshot of a property my client ( an experienced flipper ) is buying, even with all the very obvious encroachments.
Land area = 1644 sq ft. On the photo is a blue dashed line (Fee line) on the right of that is a 4ft x 33ft (red dashed lines) shared driveway easement.
When I first researched this and saw the overlaps I called the person up and told him about it. He is pretty sure that he can make about 200k by sprucing it up some then flipping it.
I guess he knows his stuff, but this is something most folks would walk away from
Land area = 1644 sq ft. On the photo is a blue dashed line (Fee line) on the right of that is a 4ft x 33ft (red dashed lines) shared driveway easement.
When I first researched this and saw the overlaps I called the person up and told him about it. He is pretty sure that he can make about 200k by sprucing it up some then flipping it.
I guess he knows his stuff, but this is something most folks would walk away from