Will you have a survey done before your coming real estate deal? Of course, a professional will be examining the title. But a title search does not include a survey. With a title search, the title company reviews the chain of title, up to the present ownership. It does not reveal specific physical details of the property.
Depending on the region of the country (and even the state) in which the home exists, the mortgage company might or might not require a survey. Nevertheless, either the seller or the buyer may want to hire a service to produce an up-to-date survey. Here, we make the case for having this done — so you can decide for yourself.
Continue reading “The Property Survey: Do You Need One?”