By Living Room Realty, February 7, 2018
By Living Room Realty, February 7, 2018
Yesterday was a fun scrambly educational real estate day. Sometimes real estate can feel repetitive –
here’s a house. yes it is old. it needs repairs. negotiate. close. hand-off keys. done. rinse. repeat.
BUT Occasionally, there are tidbits of information or technicalities that we find fascinating and get us excited about learning something new in real estate.
Yesterday we were trying to negotiate an offer for a client when we discovered that the house had a sewer line that ran through the lot behind it. Looking at plot maps, quick calls to the City of Portland, conference calls with our favorite sewer expert – all trying to find and answer to the question “what would happen if the easement was revoked?” or “what would happen if the empty lot behind was sold to a developer?”. In all of this research we discovered a few things:
While showing property is nice of course, it is the research we think is the most important. And the most fun.