How to Fix Structures Built on Property Lines
Hi Team,
Occasionally, I find older homes that were built on property lines. This probably happened generations ago when numerous lots were owned by a family, but eventually, smaller plots were passed to heirs. Now, perhaps children, siblings, cousins can't sell their land because a structure was built on lot lines.
I think there may be opportunity in my area to re-draw/re-plat lot lines to fix these issues and liberate the owners. And, perhaps, negotiate a sale in the process.
Have you come across an issue like this and were able to structure a creative deal from it? How long did it take to fix? What obstacles did you encounter, e.g. variances, heirship disputes?
