Looking for the Silver Insulation
June 22, 2013 6:52 PM Subscribe
If an absentee homeowner's property is condemned, can I take legal action against them for a loss in value of my own house?
posted by endotoxin to law & government (9 answers total) 2 users marked this as a favorite
The house directly across from me has been abandoned, winterized by the City of Albuquerque, and now sports some eye-catching Unsafe stickers as well as citations for yard waste. Looks like the place is going to get condemned soon, and the neighborhood property value is going to tank. This is a multi-part question:
1. Can I take legal action against the absentee owners for loss of value? And if so, 2. Is the value of a lawsuit, should it succeed, worth the cost of filing in the first place? Or, 3. Do I take this as the fortunes of being a homeowner?