In tight times like we are currently going through, there is a definite urge for many to save money at every opportunity. In most cases, this is a good thing; we eat out a little less or walk instead of drive when we can. But, there are instances when we should spend a few extra bucks to ensure we are making a sound investment. In real estate, not paying for a survey prior to closing can be a huge mistake and result in months or years of heartache. A quality real estate company in Oregon and Washington will be able to arrange a survey for you.
A survey will show the buyer the true property line of the land and home being purchased. Also, the surveyor will show the buyer exactly the area he is buying by marking it off on the ground with posts. This is so important when dealing with real estate it cannot be stressed enough. Many buyers have made a purchase thinking the property was one size and upon closing find out it is a lot smaller than expected. Often, a seller may not even truly know where their property line is and may mow more of the property than they own giving the buyer a false idea of the property size. A survey will prevent this from happening, and at the same time, it will ensure there are no surprises at closing.
There are plenty of times we can save money, but when ensuring you are making a sound investment should not be one of them. The relatively small cost of a survey can go a long way to save a buyer from pain and misery. Sitting down at closing is no time to realize the property being purchased is on half the land envisioned.
Related posts:
- Do You Need A Land Survey When Buying A Home?
- Home Buying: Who Should Negotiate The Buying Price
- Important Steps to Home Buying
- Home Buying Without A Buying Agent ? Dumb Move?
- Buying a Vacation Home
Source: http://www.realestatebriefings.com/home-buying/home-buying-survey-says/
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