Is a Land Survey Required for Closing?

Is a Land Survey Required for Closing?

We know that buying a house is the most important investment we make in our lives. It’s not just about you going and buying anything and if it is faulty you return it. Surveying a house before closing is a lifetime decision and you have to make it wisely. When buying a house there are many significant steps we follow before finalising it. For example title checks, financial paperwork, and home inspections. But many people miss the most important step, and it is the survey.

Now, we will go back to the question: is a Land Survey required for closing? The answer is yes, they are required before finalising. Because it clearly defines the legal boundaries of the land. Also, it uncovers the hidden faults of the property and it is also required to confirm legal descriptions of the property.

Define property boundaries

A Land Survey helps you define the exact boundaries of the property that you are purchasing. It helps you understand what you are getting or you have paid for, no more how many buyers are surprised to know that driveways, fences or other structures. It gives you the entire legal boundaries of the property, so if you are not doing a land survey, you might be unknowingly occupying land that is not legally yours, or in another case, you might miss out on our land that is yours. A survey of land helps you to make sure that you own your land legally within the boundaries.

Uncovered hidden faults

Another important benefit of choosing a surveying service before closing is that it uncovers the hidden force that might not be seen outside, but if you know, you might regret it. Land surveys do more than ensure boundaries they uncover the invisible forces you might not know during house inspections It includes 

  • Improper subdivision or overlapping parcels.
  • Access issues for example landlord passes with no legal road access
  • Land might be built in restricted areas

Such type of issue creates a problem after closing it. And then your hands are bound. So it’s important to know the faults of the land before closing it. So you can prevent yourself from hurdles during construction. 

Protects Your Lifetime Investment 

Land surveys act as an insurance policy for your land. It provides transparency and clarity to the legal aspects of the property, so make sure that you never buy online without inspection. Also, you should not close deals without a land survey by Professional Surveyors.

Whether you have a plan to make a house on that land or you are just selling it or renting it, it is very necessary to protect your investment from the very start. So when the time comes for selling, if there are any issues or uncertainty in the legal boundaries of the land, it lowers the price. Further, it loses the buyer’s trust and interest. So if the stamp of a well-known and professional land surveyor on the file exists, it helps to boost the interest of the buyer and increase the price of the land in the future. 

Conclusion 

Closing the land before surveying is like you are going to sign a land without reading it. Without a land survey, you never know the hidden faults of the land, you never know the risks of the land that you might face in the future, and at that time, it’s already too late to fix it. So there is a need for a professional land surveyor who uncovers the hidden faults of the land. They not only map out the legal boundaries of your land for you. But, they also provide you with the confidence that you are going to make a smart purchase. For that, Surveying People do this job exceptionally. They are well-trained and professional in their jobs. So feel free to contact Surveying People.

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