- Dec 5, 2007
- Professional Status
- Certified Residential Appraiser
I have an REO purchase on a standard interior lot 58' x 150' (rectangular) where the neighbor appears to be 2 feet inset along the rear portion of the fenced lot (been like this for several years, at least 2 last purchases). Addressing the issue as "subject to" removal of or re-aligning the fence? getting a survey cert?, or "as-is" with an overall description and adjust? The agent thinks I'm making a big deal out of nothing, the lender/owner is unaware of the issue. Buyer wants the property desperatly. It is what it is....Time sensitive.