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When you’re looking to take out a mortgage on a new home, you’ll need to schedule a time for land surveying. During the service, an expert will arrive at the property to map out the exact boundaries of the land for documentation. That way, there will be total clarity about the property lines in question as the deal moves forward. Here are three reasons it’s important to conduct the land surveying as part of a mortgage. 

Reasons To Schedule a Mortgage Survey

land surveying

1. It’s Required By The Lender

In most cases, before your lender agrees to give you a mortgage, they will insist that a land surveying is performed. It is the bank’s way of ensuring that the property they are investing in is the same as has been described in legal documents. While there is usually a small fee involved, the survey is necessary if you want to work with any reputable lender. 

2. It’s Necessary For Permitting

While it may be mandatory, the surveying comes with additional benefits. Any time you may want to make significant additions to your property, the first step is conducting a land survey to secure a permit. Thanks to the mortgage survey, you’ll already have that taken care of, so you’ll be able to get a head start if you want to add fencing or dig a new pool in the backyard. 

3. It Will Help Avoid Disputes

When you acquire property, it’s ideal to be on good terms with your neighbors. A land survey provides a welcome transparency that can settle any uncertainty about where property lines fall. If you have that document in your hand, you’ll be able to steer clear of any unintentional encroachment as you seek to make the most of your land. Having the right guidelines can even help you prevent litigation since you’ll be able to avoid mistakes.

 

Raber Surveying has earned a reputation as a trustworthy land surveying company in Summerdale, AL. Offering everything from property surveying to fence staking, these professionals have a wealth of experience delineating boundaries. You can start a conversation about your needs by calling (251) 975-7525. Learn more about the company by visiting their website

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