Day 150

While lot #4 almost ready to move in, there hasn't been much action in lot #3 or lot #2 in quite some time. Besides what appears to be a few planted trees and the addition of a small storage shed, nothing appears to be done to either and the home building process has not yet begun. However, lot #1 is another story.

We toyed with the idea of purchasing the lot next door to potentially farm. However, our finances quickly ended that idea and we waited as the lot was put on the market, taken off, and then put on again.

Based on what the surveyor had told us about this specific lot, we were not sure if it would sell unless the price dropped dramatically. We were told that because of the floodplain, there were certain disadvantages to building on that lot.

So, we were a bit surprised  (and somewhat worried) when we saw the sign change to “accepted offer.” My wife said she had met with a visitor to the lot just a few days earlier, so we assumed that individual was the person who put in the offer. Within a few days, the sign changed again to “sold” and work began almost instantly. 

Heavy machinery came in and created a gravel driveway over the culvert and cleared some of the land. Pink flags were placed on the land. My wife saw the process firsthand and went to re-introduce herself when she saw what appeared to be the new owner. He mentioned that the flags marked where the house would be built. 

Our interest quickly became anxiety. We noticed the pink flags seemed closer to the lot line than we had expected and the house lined up almost directly with our chicken yard. Knowing fill was sure to be brought in to help with this wet, wet land, we wondered how this would impact our barn. Considering we had just poured thousands of dollars into improving it with grading, improved wood, and a nice big chicken yard, this was concerning.

What was needed to protect our assets?

What was the responsibility of the new owner?

What could we do if there were complications?