Indiana-Hi, we recently purchased a small 10 acre farm in the country on contract. We have not taken out a loan on this property yet.
There is a plan in progress(not yet approved, but will most likely be happening in the next year) to widen the road in front of our house. The rumor is that they will be buying land 40 from the center of the road. Our farm house sits 47 feet from the center of the road. I was told they would not purchase our house if the easement does not run through the house, but that would put the easement 7 feet from our front door. Now I understand in the city this would not be uncommon, although it would be in this setting. It is bad enough how close our house is to the road right now, but 7 feet would be a nightmare. We would rather them just buy our house and have to rebuild somewhere else on our land. Can someone give me some advice on what we should do in this situation?
There is a plan in progress(not yet approved, but will most likely be happening in the next year) to widen the road in front of our house. The rumor is that they will be buying land 40 from the center of the road. Our farm house sits 47 feet from the center of the road. I was told they would not purchase our house if the easement does not run through the house, but that would put the easement 7 feet from our front door. Now I understand in the city this would not be uncommon, although it would be in this setting. It is bad enough how close our house is to the road right now, but 7 feet would be a nightmare. We would rather them just buy our house and have to rebuild somewhere else on our land. Can someone give me some advice on what we should do in this situation?