protected species: Help for Buyer of waterfront property that has lost frontage due to Damn water release... - 09/26/09 03:48 PM
Help for Buyer of waterfront property that has lost frontage due to Damn water release...
Situation: Buyer purchased lakefront property on land contract with 121' frontage. They have been making payments for 3 years. This spring water was release from a Damn to help protect "cricket Frogs" in the area. Now the land has only 74' of frontage and Buyer can no longer build the home they had planned to build. Furthermore, current setback rules will only leave about 14' of buildable area, thus it may not be possible to build at all!
Questions:
1. What options are available to buyer? … (2 comments)

 
Ray Spitler (Keller Williams Realty)

Ray Spitler

Plymouth, MI

More about me…

Keller Williams Realty

Address: 789 W Ann Arbor Trail, Plymouth, MI, 48170

Office: 734-386-1881

Mobile: (989) 737-8042

Real estate in Saginaw, Midland and Bay County Michigan! Listings, Short Sale Specialist, Market conditions, activity, schools, relocation, Investing, help for homeowners to sell regardless of mortgage balance. Help avoid foreclosure.


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