What is a Flag Lot and Why is it Screwing Your Real Estate Deal?
Dirty Deeds on Paper Are Hurting Deals
Buyers now see more odd property shapes online. Many listings hide tricky access rules that stall closings.
What is a Flag Lot and Why is it Screwing Your Real Estate Deal? is land reached by a long drive. Access runs through another owner's strip of ground. What is a flag lot and why is it screwing your real estate deal? is a legal description with big risk. Research shows title pressure rises when access depends on one driveway.
Hidden Clauses Can Block Financing
Banks hesitate on narrow, shared driveways. Appraisers discount value if ingress or egress looks weak. Studies indicate contracts fall apart when survey lines reveal surprise easements.
Simple Clarity Protects You
Get a survey and demand driveway language in writing.
H3 What happens if the driveway is blocked? A court may grant an easement or you could lose access.
H3 Can financing still happen on these parcels? Lenders can refuse loans; specialty portfolios may step in.
