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THE TALK: Confronting a Neighbor Who's Hurting Your Home Value

Love Thy Neighbor?? Yeah, right. We're lucky if we can even tolerate them. A recent survey by Harris Interactive and State Farm Insurance found that 60% of Americans have a pet peeve with someone who lives nearby. A bad neighbor can make your life a total nightmare!!At the extreme, certain next-door nuisances, such as annoying pets, unkempt yards, foul orders, dangerous trees, and various other things could reduce your personal home value by at least 5% or MORE! A real estate buddy of mine stated that he sold a house for nearly 8% less than comparable homes nearby, cause by the fact BUYERS hated the large snarling dogs, and rundown conditions that the dogs had left the backyard. Be mindful of who you live by, and remember ....LOCATION, LOCATION, LOCATION. And do your own due diligence on your potential neighbors. Call local authorities for crime statistics, and if there have been major issues with other neighbors in the area!!!!!  

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