One of the most common sources of aggravation is a neighbor. Most everyone has one and when they’re a problem, they’re a big problem. Boundary interactions with neighbors are controlled by California Codes. Unfortunately, the law is not completely clear.
Trees on The Property Line: The limbs and roots of your neighbor’s trees grow over the property line into your space. That’s easy, just cut off the limbs and cut through the roots. Right? Very Wrong. That’s how you make your lawyer rich. These disputes end up in Court and they are long and costly and your neighbor hates you. Try to work it out with your neighbor before you cut anything.
Look at the tree trunk. If the trunk is entirely on your land, you’re pretty free to do what you want. If the trunk is on the neighbor’s side, only trim limbs & roots on your side. You better be sure how you trim and where the property line really is. The California Civil Code provides for triple damages if you’re wrong.
Common Fences: Many people share a fence with their neighbors. Fences get old and need repairs. Also, fences are sometimes not on the actual property line and part of your land is on the other side of the fence. By law, neighbors must share maintenance costs of fences. Try to work out any disputes. Get bids from several contractors. Take photographs. If the fence is in the wrong location, the law makes little sense. Call me. If you are replacing the fence, your neighbor may have to share the cost.
Article by Law Office of Bernard A. Sherwyn
Bargain prices on San Diego real estate combined with low interest rates below 5 percent may bring the San Diego real estate market its busiest spring season in years, economists say.
Distressed sales continue to put downward pressure on San Diego home prices, which may lure more buyers off the fence and ready to snag a deal during the typical prime-time buying season.
Some San Diego home builders are ramping up discounts on new homes as well as boosting commissions to brokers to try to spark more transactions.
Sellers of existing homes also are getting more competitive in pricing their homes.
“After three years of the housing downturn, people are becoming much more realistic in terms of valuing their homes,” says Lawrence Yun, chief economist at the National Association of REALTORS®.
An improved job market with better income potential may also motivate more people to buy, says David Berson of the PMI Group.
“Household formations are also very important,” Berson says. “Kids may have moved back in with their parents, or two people may have moved in together, because of job concerns. Now they can move into their own place.”
While interest rates are sitting comfortably below 5 percent for now (30-year fixed rates averaged 4.76 percent last week), economists warn the attractive low rates won’t last long.
“Few think mortgage rates are going lower,” says Mark Zandi, Moody’s Analytics chief economist. “It’s more likely they will be 6 percent than 4 percent next spring. This lights a fire under buyers.”
Source: “Discounts Expected in Spring Housing Market,” The Wall Street Journal (March 22, 2011)
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