Obtaining a boundary survey ensures your protection before all purchases of property.
Many real estate transactions have some type of problem. These problems can be minor (a fence is over the property line) or more serious (a driveway, pool, or deck is over a property line, the deed outlining the parcel of property is incorrect, the house is in a flood zone, etc.). Some problems are irreparable. If a driveway is completely off the property, for example, the buyer has no ingress or egress to the home.
By getting a boundary survey, you can be sure that you know the location of your property corners. Using an older survey of the property does not ensure your protection because new improvements may exist which are over the property line. A survey is essential for any buyer, whether it is for the re-sale of a home or sale of a new home.
If a buyer elects to avoid the expense of obtaining a survey, any related property issues that would have been revealed by a survey could be the sole responsibility of the buyer. These problems can cost many times more what a residential survey would cost. If a fence is over the property line, for instance, it must be replaced. If a driveway is over a property line, it must be cut and re-poured. If your air conditioning unit is not on your property, the unit must be rewired. A problem that may initially seem small can quickly become complicated and expensive.
As mentioned above, more serious problems are sometimes irreparable. If the house is over the property line, for example, nothing can be done to correct the situation unless the buyer negotiates with the neighbor to buy a piece of their property. Problems such as the ones described above can greatly reduce the value of the property.
Getting a boundary survey before closing is a key to a positive real estate transaction. Other people involved in the real estate transaction are most interested in finalizing the deal. By getting a reliable survey from a respected company like Advanced Surveys, before closing, the buyer has a negotiating tool to use regarding the price of real estate if a property issue arises.
Many real estate transactions have some type of problem. These problems can be minor (a fence is over the property line) or more serious (a driveway, pool, or deck is over a property line, the deed outlining the parcel of property is incorrect, the house is in a flood zone, etc.). Some problems are irreparable. If a driveway is completely off the property, for example, the buyer has no ingress or egress to the home.
By getting a boundary survey, you can be sure that you know the location of your property corners. Using an older survey of the property does not ensure your protection because new improvements may exist which are over the property line. A survey is essential for any buyer, whether it is for the re-sale of a home or sale of a new home.
If a buyer elects to avoid the expense of obtaining a survey, any related property issues that would have been revealed by a survey could be the sole responsibility of the buyer. These problems can cost many times more what a residential survey would cost. If a fence is over the property line, for instance, it must be replaced. If a driveway is over a property line, it must be cut and re-poured. If your air conditioning unit is not on your property, the unit must be rewired. A problem that may initially seem small can quickly become complicated and expensive.
As mentioned above, more serious problems are sometimes irreparable. If the house is over the property line, for example, nothing can be done to correct the situation unless the buyer negotiates with the neighbor to buy a piece of their property. Problems such as the ones described above can greatly reduce the value of the property.
Getting a boundary survey before closing is a key to a positive real estate transaction. Other people involved in the real estate transaction are most interested in finalizing the deal. By getting a reliable survey from a respected company like Advanced Surveys, before closing, the buyer has a negotiating tool to use regarding the price of real estate if a property issue arises.
"This is a picture of a new property corner set. The actual property corner is the yellow cap. A wooden stake has been placed near the property corner so it can be easily found. The yellow cap is attached to a metal rod going down into the ground"
**These definitions are not intended to be legal or technical definitions. The purpose is to help a member of the general public have a general understanding of survey terms. For more definitive definitions other sources should be used.