Getting Your Property Corners Marked by a Licensed Surveyor
If you’re buying land, I want to talk to you about why you want to make sure you get your property corners marked by a licensed surveyor. Now, let’s say you’re right at the very beginning and you’re writing an offer. You want to make sure you have your real estate agent or yourself request from the seller that he or she has a licensed surveyor mark the property corners.
Why You Need Your Property Corners Marked
The reason you want to do that is because you don’t want to be paying for a record of survey down the line to mark a corner that was not properly marked and recorded. Let’s say, we want to put a building on our property later. The first thing we have to do is establish our property lines. This means we have got to know the location of at least two property corners on one side of the property, so we can pull a setback for our building. The county or city building inspector will need to know where the property line is at. If we hire a surveyor and after looking into things we find out that there was never a record of survey done on a property corner it could cost you anywhere from $5,000 to $6,000 or more, depending on the amount of work that the surveyor has to do to go back and actually locate and pin that corner.
Understanding the Inspection Period & Due Diligence
When you write your offer to purchase a property you will have a period of time to complete all of your inspections. During that inspection period, you will want to do your due diligence to check into all of the details and look for any issues that the property might have. You will need to complete all of your due diligence during the inspection period. You will want to ask the seller to have the surveyor come out and mark the property corners and confirm that they’re there and properly recorded so that you know you will not have to do a record of survey. If you find that a record of survey does need to be completed then you can negotiate on price point with the owner or have them pay to have it done.
A Survey Can Help Resolve Property Boundary Disputes
You can also have issues too where you have a boundary dispute. I had one property that we purchased where our property line was actually 15 feet into the neighbor’s yard and the fences were not placed correctly. The neighbor wasn’t too excited about losing 15 feet of his property. This is another big reason to get a survey done by a licensed surveyor. In the event there is a dispute the survey can help you resolve it.
Helpful Resources from Freeman’s Construction Inc
I hope that helps. Make sure you get those property corners marked, and if you have more questions about buying land, building a custom home, building an ADU, remodeling your house, or if you want popular floor plans for ADU’s or custom homes, you can download those here on our website. Thank you and have an excellent, excellent rest of your day.