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You’re Selling Property
You are Buying Property
Building Fencing or Adding on
Installing an in-ground pool
You’re Subdividing
Refinancing or Obtaining a Mortgage
New Construction (stakeouts, final surveys, etc.)
A mortgage company, whether it be a bank, trust company or others, usually requires a survey before they will lend money. Why is this a necessity and why are you often asked for an up-to-date survey?
Does the lot size, building set backs, pool and fence locations meet with local Zoning Laws?
The mortgage company will require the survey to protect their investment. They want to be sure that the land and buildings on which they are lending money are as described in the documents which accompany the transaction. They also wish to know that if they have to foreclose there will be no problems in re-selling the property.
