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Do I Need A Real Estate Survey?


Getting a survey before you close on any real estate is very important.

Some people actually buy real estate without having a survey done. It is not a requirement from the financial institute, so does that mean you don't need one?

By getting a survey you will not only get a blueprint of your property you will get your property lines marked out for you. Most importantly, you will find out if there are any infringements on your property like a neighbors fence, a neighbors tree, a neighbors driveway, etc.

A survey can tell you many things.
It will disclose any easements you might have on your property. Easements can be a fire lane or an access road for the local Power Company. These easements cannot be blocked, built on in anyway to prevent the lanes from being accessed. You could have a city or county easement on your road front property anywhere from two to ten feet into your yard you might not know of. This gives the city or county use of this property for power lines, phone line and even city water drainage. Although you might have to mow this lawn the city has the rights to its use.

A survey will show you if your property has a right of way for the property behind your property. A right of way is incorporated onto your property and must be available to the property owner behind you to get to and from their property.

If the survey conveys a property infringement you can delay thepurchase until the infringement is moved or back out of the dealif necessary. Easements will not be removed.

A survey can and will give you peace of mind and knowledge aboutyour property preventing any unexpected surprises later. Knowledge saves you money and anxiety.

You decide if you should buy real estate without one!

Shirley Turetsky is the owner/webmaster for http://www.TodaysAds.netCentral Florida's for sale by owner listings. Find her Do It Yourself FSBO Tips for buyers and sellers to guide you towards successful real estate transactions! More articles about real estate can be found at http://www.todaysads.net


MORE RESOURCES:

Area's leading real estate brokerages toured properties at Quail West
Naples Daily News
A group of agents from Southwest Florida's leading real estate brokerages toured new model residences and resale properties at Quail West, a 1180-acre master-planned golf course community in North Naples. Organized by Realtors who specialize in serving ...

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This week's real estate transactions
Charleston Post Courier
Suelda LLC sold Unit 3G, 106 West Arctic Ave., Pavillion Watch HPR to Lynn W. Hodge for $435000. Ellie Alpert sold Unit 321, 201 West Arctic Ave., Charleston Oceanfront Villas to James G. Goodwin Jr. and Carol A. Goodwin for $659000.

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Alameda Real Estate Investor to Plead Guilty in Foreclosure Auction Fraud
Patch.com
Dominic Leung of Alameda conspired with others to manipulate real estate foreclosure auctions, the Department of Justice said. By Patrick Creaven An Alameda man and two others have agreed to plead guilty to conspiracies to rig bids and commit mail ...

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Real Estate Transfers - 2/12/12
Knoxville News Sentinel
Joe Judkins and Ann Judkins to Diane Valeriano, trustee, and Diane Valeriano trust, in Woods at Montgomery subdivision, $1390000. David Jacobi and Stacy Jacobi to Jeremy Rose and Catherine Rose, in Duncan Woods subdivision, $720000.



Upcoming real estate events
Detroit Free Press
Real estate and investment professionals are welcome. Seating is limited, so call 248-547-3006, or sign up at www.metro-mi.com . These free one-hour seminars will be 6-7 pm on the first and third Thursdays of the month at Metro Mortgage Investments, ...



SCHRADER REAL ESTATE AUCTION
Quad-Cities Online
Today is Saturday, Feb. 11, the 42nd day of 2012. There are 261 days left in the year. 1862 -- 150 years ago: About noon on Sunday a cow stepped down to the river's edge to drink, near the gas works where the river is open. She slipped into the swift ...

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Howard Lutnick's next reinvention: real estate
Crain's New York Business
Five years ago, as the real estate downturn began to deepen, Wall Street veteran Howard Lutnick wondered how his traders could make money from the emerging turmoil. “It was such a big market, but we couldn't find a way to play it that made sense for us ...



Real-Estate Crash Aids the Green Movement
Wall Street Journal
By LAURA KUSISTO The real-estate crash left pockets of the region's rural areas littered with the remnants of would-be golf courses, shopping centers and luxury subdivisions that never got off the ground. But the market swoon has yielded an unexpected ...

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USA TODAY

Bernanke Wants to Lend to Real Estate Investors
TheStreet.com
By Shanthi Bharatwaj 02/10/12 - 02:59 PM EST NEW YORK (TheStreet) -- Federal Reserve Chairman Ben Bernanke said Friday that making loans more easily available to real estate investors for bulk purchases of homes would be an important step in resolving ...
Tight Credit Conditions Impeding Housing and Economy RecoveryLoanSafe
Bernanke's speech to home buildersReuters

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IRA

Today's Real Estate Reality: How We Got Here
IRA
Jim Ingersoll is a successful real estate entrepreneur, author of Investing Now and soon to be released “Cash Flow Now.” Jim resides in Richmond, VA and he enjoys speaking at events and coaching others to achieve their financial freedom.

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