Property Manager MA: What to do when a Neighbor is selling his home

Property Manager MA

Property Manager MA: What to do when a Neighbor is selling his home

When you move to a new home, it is not the end of the story for you. There are many things they need to consider once they make that move. It is crucial to stay aware of what is happening in the market and when your neighbors decide to sell. This has a great impact on your life as well, so you need to be aware.

These are the things you need to be aware of.

Document disclosure

When you neighbor is selling his home, you need to make sure that you do your duty and help the new buyer to be. It doesn’t matter how good of a neighbor you are, as you need to make sure that you disclose whatever you can.

If there is a property line dispute or any other issue with the neighbor, it is your job to let the new buyer know. The onus will be on you if you do not disclose it earlier. So let the seller’s agent know what the buyer has to know.

See things from their view

When your neighbor conducts an open house, this is a golden chance for you to get to see their home from inside. So don’t let go of the opportunity to explore the place and see how your home looks like from the neighbor’s side. You can inspect the home to see if there is something you can do with your own. Not only that but you can also see into your home and see how much privacy you get.

Property Manager MA: Learn about markets

This is also a good time for you to learn about the real estate market and see if there are any chances. Sure you can find information online but that is not in real time. You can always talk to the seller’s agent to get an idea of the market so that you know what the current situation is like. Going to your neighbor’s open house will give you an idea of the type of house and area which is in demand. This will also give you some insight to what sort of home design works well.

You will also get an idea of any changes to property tax rates and how assessments are done. The real estate agent will be glad to help because later on you may consider using him/her to sell your own place. So don’t miss this opportunity to check out your neighbor’s place.

We hope you liked our post “Property Manager MA: What to do when a Neighbor is selling his home”.

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