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1. Buying Home Near Railroad Tracks And Resale Value

One of the greatest benefits of being a renter versus homeowners is if you do not like the area, you can not renew your lease and move.

Or you can give a 30 day notice and vacate your rental and get another place to live
If you do not like your neighbors, you can always move
If you do not like your neighborhood, you do not have to live there and find another rental
If you are backing into railroad tracks and the noise bothers you, you can move
However, that is not the case being a homeowner
It is not easy to move for homeowners
It takes time, patience, and there are many costs involved when selling your home and buying another

We will discuss Buying Home Near Railroad Tracks.

2. Deals In Buying Home Near Railroad Tracks

Home buyers can get deals when buying home near railroad tracks where it may not affect their resale value. The closer the tracks are to the subject property, the greater the noise and the less chances of appreciation. Homeowners can re-insulate the home to have less track noise. They can replace their windows with thermal windows to minimize noise levels. Freight trains are powered by diesel fuel which can cause much pollution. This can create soot and fumes which often discolor home’s exteriors. Many communities have placed curfews for trains where they are not allowed to run during certain times of the day. Trains carry toxic materials. Accidents do happen and the whole neighborhood may need to be relocated if a freight train with chemicals derails. There are pros and cons to seriously consider when buying a home near train tracks.

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