We bought a 2500 square foot home within a sub-division nearly a year ago. (First time home buyers). And recently, we found out that 10 feet of our property is in fact a public access way to the common five acre area behind our house (as well as the other homes located on our street and another) within our subdivision. The homeowners association is now wanting to place a concrete path so that residents within our subdivision have access to this common area. Now we had plans on having a beautiful wooden fence around our property for privacy. But they are saying they will place a cast iron fence on one side of our house but not the entire house. They will not use wood like we prefer. At any rate, I really don't think anyone would be interested in purchasing our home mainly because of this public access area if we decide to sell out. My question is this: will this pathway to the common area lower our home's property value which would make it harder to sell and make profit off of it?
2007-03-10 13:18:13 · 2 answers · asked by charmed4evr 2 in Home & Garden ➔ Other - Home & Garden
you should ask this question under business---renting and real estate. you'll get your answer there! :)
2007-03-10 14:33:42 · answer #1 · answered by austin_texan 3 · 1⤊ 0⤋
sounds such as you have an incredible association. You gotta get interior the motor vehicle and take place at their place of work and stay till you get what you pick. i assume you haven't any longer have been given a realtor, to pawn that interest off on? It should not be so complicated, in simple terms survive them like stink on poo.
2016-11-24 19:30:03 · answer #2 · answered by ? 4 · 0⤊ 0⤋