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Are you buying a house or planning
improvements to your existing property
but aren't sure if you should get a
survey? Ask yourself the following
questions:
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- Would you like visual
proof of where your
property's corners are? How
about knowing where the
building setback lines and
easements are?
- Considering fencing part
of your property? Have your
neighbors recently installed
fences in questionable
locations?
- Planning to landscape
along or near any of your
property lines? Are your
neighbors? Who's responsible
for the decrepit tree in the
backyard?
- Building an addition
onto the existing house? How
about a shed, deck, patio,
pool, or swing set?
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If you answered yes to any of the above
questions, getting a survey would be in
your best interest financially and for
piece-of-mind. Would you buy a house
without an inspection? Of course not!
You want to know before signing the
final paperwork if everything is working
properly and if there are any potential
problems. It's the same concept with a
survey. And, like an inspection, you
will receive a Surveyor's Report with
your survey to explain what was found on
the property.
Unfortunately, some lenders, title
companies, and realtors are encouraging
their clients to waive a survey to lower
closing costs - and it's hardly a
savings when you look at the overall
costs. Usually, it's only a savings of
less than half of a percent (>0.5%). Is
saving a minor amount in closing costs
today worth a costly legal property
dispute tomorrow? Protect yourself and
your investment with a certified land
survey.
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