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Updated about 7 years ago on . Most recent reply

User Stats

21
Posts
5
Votes
Ashley Harris
  • Durham, ME
5
Votes |
21
Posts

Anyone have experience with right-of-way access to a property?

Ashley Harris
  • Durham, ME
Posted

I found a flip property that is in a great location with potential to make a great return. Went to look at it the other day and the the property is land-locked. Overall the property is in a good location for commuting, would make a great starter home for the price-point, and a similar spec home sold very recently in the same town rather quickly. Has anyone dealt with a right-of-way access before? Has it hindered resale? If it was the only land with right-of-way access I'd probably just offer the owners some cash to pay for that little section of land, however there's another lot adjacent to the one I'm looking at that also shares the same access. I know not many states allow land-locked lots, but was wondering if anyone had any experience with this. 

Thanks in advance!

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