Do you need a survey when buying a home? When you apply for a mortgage your lender will more than likely require that you get a survey of the property. A survey shows the boundaries of the property, and whether there are any encroachments such as buildings, sheds, fences or easements. For example, utilities and cable companies typically have an easement to access their equipment on your property.
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The survey is important because it shows the different improvements made to the property, like a new garage or an addition to the house. Any deviations in the size of the lot structure or boundary lines are specified in the survey. The survey protects you from potential lawsuits that could occur over boundary disputes; always get a survey prior to starting to build a new home.
Don’t depend on your builder to determine the building location in relation to your lot lines. Even if your lender does not require a survey, it’s in your best interest to get one before you close the transaction to help protect your investment.
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One of the reasons to call the Agardi Team if you want to buy a home or have one to sell is:
Not only do we sell our clients’ homes for more money and faster than the average area agent, but your home is also more likely to sell. According to 2015 MLS statistics, only 71% of area homes sold during their listing term. Compare that to our 95% of homes listed that sold before the end of the listing term. YOUR HOME SOLD GUARANTEED OR WE’LL BUY IT*
To discuss the sale of your home, call The Agardi Team at 718-755-2882 and start packing!
*Agardi Team and the seller have to agree on the price and the closing date.