Submitted by MikeG782 t3_108n9yx in newhampshire
are_we_in_a_fight t1_j3u9y64 wrote
Reply to comment by MikeG782 in Business noise complaint by MikeG782
Even when purchasing in a residential area, I stalk the property at all hours before deciding to buy... go there at night to see what noises there are, what kind of light shines on the house (street lights illuminating a bedroom, for example), on weekends to see how the neighbors party, etc. I research the utilities available, costs that the current/previous owners paid. Maybe even talk to a neighbor I see working in their yard, ask them what their experience has been. You can also usually pull permit records to see what kind of work the house has had done on it over the years, or if a neighbor is planning a big addition that could block a view you thought you were buying. I might look up the local police logs and local paper to see what kind of drama the town has and ask myself if this is the kind of community I want to invest in. You'd be surprised what you can find. There was one town I looked at buying in (and eventually decided against) that I discovered had a lot of drama at the municiple level with tax increases, tax distribution, permitting, potential growth proposals that would change traffic patterns, light pollution, etc. There was a house we loved that was across the street from farm land. Turned out that the elderly owner was leaving the property to the NRA, which meant high potential for development in the future. We walked away (never get emotionally attached to a property!). The town I currently own in has a lot of issues with over development and the water table being stressed. Many new owners are freaking out because their wells are dry, but had they looked into the meeting logs, Facebook posts, etc. they would have seen that the issues they are experiencing existed for years before they moved in.
You can't catch it all, but there is definitely a lot of due dilligence that can be done before purchasing a property because, as others have said, once you move in, there isn't always a lot of recourse to be had.
Lastly, keep in mind that realtors just want to sell property. They aren't going to be forthcoming with information that makes their job more difficult. You have to do that work yourself (and it's not really as much or as time-consuming as my list suggests).
MikeG782 OP t1_j3uba7p wrote
Are you a realtor?! That is solid advice. We’ve been in the house for a few/couple years and as you know the market has been high stress for buyers. If you don’t make an offer within hours of viewing then you lose out. In a perfect world we would have had more time to do more research but we made our bed so now we have to lie in it awake because of the noise lol. Based on everyone’s feedback here I don’t think we have any legal options. Just gonna hope it doesn’t get worse and start house hunting
are_we_in_a_fight t1_j3ud9fc wrote
Ha! Not a realtor, but definitely found myself quickly fed up with dealing with them while purchasing my first property (on my 4th). I rarely work with a buyers agent, make sure I have a solid attorney, and represent myself.
At least your next purchase might go more smoothly and the market is shifting in your favor. Live and learn! Good luck with everything-- sincerely!
Umbert360 t1_j3uef11 wrote
The upside of this is that you will probably be able to unload the place without taking a big loss because there’s so much demand. But then you’ll be right back in the same boat, looking for a new place for yourself. That’s why I haven’t sold the house I bought in 2019 for a big profit
MikeG782 OP t1_j3uhl3g wrote
We bought the house before COVID so we will easily make a profit. Only problem is all that profit will have to go towards a down payment for a comparable home to keep the mortgage around the same
Viewing a single comment thread. View all comments