Buyer wants survey. (by NE [PA]) Sep 7, 2020 7:49 PM|
Buyer wants survey. (by Ken [NY]) Sep 7, 2020 8:06 PM
Buyer wants survey. (by FloridaNative [FL]) Sep 7, 2020 8:42 PM
Buyer wants survey. (by FloridaNative [FL]) Sep 7, 2020 8:46 PM
Buyer wants survey. (by NE [PA]) Sep 7, 2020 8:51 PM
Buyer wants survey. (by Robert J [CA]) Sep 7, 2020 8:56 PM
Buyer wants survey. (by James [NC]) Sep 7, 2020 9:00 PM
Buyer wants survey. (by Ken [NY]) Sep 7, 2020 9:07 PM
Buyer wants survey. (by Laura [MD]) Sep 7, 2020 9:09 PM
Buyer wants survey. (by MikeA [TX]) Sep 7, 2020 9:13 PM
Buyer wants survey. (by Dave [MO]) Sep 7, 2020 9:24 PM
Buyer wants survey. (by FloridaNative [FL]) Sep 7, 2020 9:35 PM
Buyer wants survey. (by Greg [MO]) Sep 7, 2020 9:37 PM
Buyer wants survey. (by Still Learning [NH]) Sep 7, 2020 9:51 PM
Buyer wants survey. (by JKJ [MA]) Sep 7, 2020 10:04 PM
Buyer wants survey. (by Mike [TX]) Sep 7, 2020 10:10 PM
Buyer wants survey. (by Nellie [ME]) Sep 7, 2020 10:16 PM
Buyer wants survey. (by Sisco [MO]) Sep 7, 2020 10:28 PM
Buyer wants survey. (by LindaJ [NY]) Sep 7, 2020 11:06 PM
Buyer wants survey. (by BRAD 20,000 [IN]) Sep 8, 2020 2:01 AM
Buyer wants survey. (by Mike [TX]) Sep 8, 2020 6:21 AM
Buyer wants survey. (by WMH [NC]) Sep 8, 2020 6:38 AM
Buyer wants survey. (by Albert [PA]) Sep 8, 2020 6:46 AM
Buyer wants survey. (by NE [PA]) Sep 8, 2020 6:54 AM
Buyer wants survey. (by S i d [MO]) Sep 8, 2020 8:18 AM
Buyer wants survey. (by NE [PA]) Sep 8, 2020 8:25 AM
Buyer wants survey. (by NE [PA]) Sep 8, 2020 8:33 AM
Buyer wants survey. (by PG [SC]) Sep 8, 2020 9:44 AM
Buyer wants survey. (by myob [GA]) Sep 8, 2020 10:01 AM
Buyer wants survey. (by NE [PA]) Sep 8, 2020 10:22 AM
Buyer wants survey. (by Nicole [PA]) Sep 8, 2020 10:27 AM
Buyer wants survey. (by BRAD 20,000 [IN]) Sep 8, 2020 11:54 AM
Buyer wants survey. (by RR78 [VA]) Sep 8, 2020 12:38 PM
Buyer wants survey. (by RB [MI]) Sep 8, 2020 1:44 PM
Buyer wants survey. (by myob [GA]) Sep 8, 2020 2:39 PM
Buyer wants survey. (by NE [PA]) Sep 8, 2020 2:48 PM
Buyer wants survey. (by Landlord ofthe Flies [TX]) Sep 8, 2020 2:48 PM
Buyer wants survey. (by ROCKING BEAR [FL]) Sep 8, 2020 10:32 PM
Buyer wants survey. (by John [NY]) Sep 10, 2020 4:10 AM
Buyer wants survey. (by Jim [OH]) Sep 11, 2020 7:25 AM
Buyer wants survey. (by Pmh [TX]) Sep 12, 2020 2:00 PM
Buyer wants survey. (by Ray-N-Pa [PA]) Sep 13, 2020 4:31 PM
Buyer wants survey. (by NE [PA]) Sep 14, 2020 1:07 PM
Buyer wants survey. (by JKJ [MA]) Sep 14, 2020 2:50 PM
Buyer wants survey. (by Cjoíh [CT]) Sep 16, 2020 5:48 AM
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Buyer wants survey. (by NE [PA]) Posted on: Sep 7, 2020 7:49 PM
Let's get out of the way first the fact that a person buying a property has a right to a survey. Fine, I understand that.
However, I understand it more on a much larger tract of land than I do on a property where the property lines are typically self-explanatory like a basic house located on a basic road.
I have sold tons of properties and have had all sorts of inspections done. I have NEVER had or even been asked to have a survey done from the buyer.
Given that the lines are pretty much self-explanatory, I'm really not too inclined to give permission to the buyer to have a survey done on the property pre-closing. And the reason is, is because ignorance is bliss. If the buyer finds something negative about the survey, I don't want to know about it. If he does find something negative about it and backed out of the sale, that requires me to disclose it in the future. That is the reason I don't want to know about it.
Like I said, the lines are pretty much self-explanatory, and I have nothing to hide. I just don't want to end up with an issue should they find some thing and back out of the sale.
For folks who have flipped their fair share of properties, how would you handle this? --50.107.xxx.xxx
Buyer wants survey. (by Ken [NY]) Posted on: Sep 7, 2020 8:06 PM
If i had other offers i would take one of them,if it was new on the market i would wait to see what else comes along.If it was looking like my best option i would tell them to do it at there expense.You can always tell them you wont accept the offer with that contingency but that will probably just scare them off --104.229.xxx.xxx
Buyer wants survey. (by FloridaNative [FL]) Posted on: Sep 7, 2020 8:42 PM
In our area of S FL if the buyer is financing the lenders require a survey of the property and it's paid by the buyer. Yes, the lots are "normal" lots in many cases. In fact, the lots are within are even platted subdivisions. The title co requires the survey to remove some conditions from the title commitment/policy. The lender is looking for encroachments and easements etc. If there haven't been any changes since you purchased it (no additional fencing causing an encroachment for example) then give them a copy of the survey you received from your seller when you purchased the property. Didn't you get one? Did you get a title policy? Both surveys and title policies are optional for cash purchases.
NE, If everything is on the up and up then I don't understand why you would stand in the way of a buyer getting a survey of the property s/he is buying from you especially if it is at their expense and their lender requires it for funding like they do here. Seems like shooting yourself in the foot.
Buyer wants survey. (by FloridaNative [FL]) Posted on: Sep 7, 2020 8:46 PM
Forgot to mention in my post above that it would be a huge red flag to me as a buyer if the seller wouldn't allow a survey at all as opposed to just passing the expense over to the buyer. --68.104.xxx.xxx
Buyer wants survey. (by NE [PA]) Posted on: Sep 7, 2020 8:51 PM
It might be shooting myself in the foot telling him no and it might be shooting myself in the foot telling him yes, him finding something and then backs out. It could put me in a bad position.
In 60+ deals, I've never had a survey when buying or selling. Never been an issue or even brought up for mortgages or title insurance. --50.107.xxx.xxx
Buyer wants survey. (by Robert J [CA]) Posted on: Sep 7, 2020 8:56 PM
One can purchase title insurance on the boundary of a property with a certified survey. So a survey is good thing to have if you're the buyer..
Buyer wants survey. (by James [NC]) Posted on: Sep 7, 2020 9:00 PM
You may be looking at this the wrong way.
Is there an agent and/or a closing attorney involved? Many of them suggest by default that a survey be conducted, so the buyer may be relying on the advice they have been given - not that they suspect there are issues.
Also, in NC/SC, buyers title insurance will not cover any claims related to property line disputes that may arise in future, if a survey is not ordered as part of closing and recorded with the title work. Assuming it works the same way in your part of the world, having the buyer have a survey done after closing would mean they would not get the title insurance benefit.
Eitherway, I agree with FloridaNative. This is an expense the buyer should cover if he/she desires it, but I would have no problem allowing it.
Buyer wants survey. (by Ken [NY]) Posted on: Sep 7, 2020 9:07 PM
FloridaNative,would you allow a buyer to do a test for lead? every house i have ever owned was built before 1978 and i would say no to a lead test. Interesting that in your area the banks require a survey for every mortgage,they did that here in the 80s and when they stopped that practice i assumed it was nationwide,every surveyor in the area was driving new vehicles then --104.229.xxx.xxx
Buyer wants survey. (by Laura [MD]) Posted on: Sep 7, 2020 9:09 PM
Here you are required as a seller to provide a land plat with the disclosure paperwork. A land plat is slightly different than a survey. It is part of the public records and can be found online under the land rec documents (in my area). Often you can also find the survey that was done when the house was built online under public county records. I was able to find online the original survey for my residence when I was considering putting up a dog fence.
I would consider a survey part of due diligence. I can't imagine that you can prevent someone from doing their due diligence. I think the only issue is how much you will help them (beyond what is required by law) with due diligence and who will pay. If a problem came up with the boundary lines and they could prove you prevented them from doing a survey I think that could be a problem for you. --108.56.xxx.xx
Buyer wants survey. (by MikeA [TX]) Posted on: Sep 7, 2020 9:13 PM
Depending on the age of the house and it's sales history there is a fairly high likelihood that it has had a survey before. If it has ever had a conventional mortgage against it I would say 99.9% chance. I wouldn't be too worried about it but I would not pay for it. --64.130.xx.xxx
Buyer wants survey. (by Dave [MO]) Posted on: Sep 7, 2020 9:24 PM
For me Iíd shrug it off. If itís a city lot Iíd say the survey company will find the pins and you will be good. Today, buyers can back out for any reason.
I would see it as I donít want to know the inspection report or the survey but if they want it, thatís ok.
Ate there any incumbents on the title work, you have? --173.216.xxx.xx
Buyer wants survey. (by FloridaNative [FL]) Posted on: Sep 7, 2020 9:35 PM
I've bought and sold many homes built before 1978 (mandatory disclosure requirement) and never had a request for LBP testing. Naturally, I had to disclose LBP but its no big deal in my area. So to answer your question, if they asked for a test after I disclosed the LBP issue and provided the booklet, I would say yes and then get a backup contract behind the primary contract. There are more buyers here than properties for sale.
I'm not afraid of disclosing what is factual about the property and I personally prefer the buyers due their due diligence so there aren't any future issues with the buyer claiming "they didn't know X so now they want compensation". Let them do their inspections, tests and surveys. They can't claim they didn't know when they have the reports/surveys/test results in hand. JMO
Buyer wants survey. (by Greg [MO]) Posted on: Sep 7, 2020 9:37 PM
I also have bought many properties and sold without a survey and no problems.
But... I have one I bought 10 years ago at auction and had a tenant want to buy it last year and his lender insisted upon a survey.
Well, turns out the neighbor behind me owns 1/3 of my house and will happily sell it to me for $25,000.
I wish I had a survey when I purchased the house. BTW, it looks 'normal' for lot lines but isn't.
I had a survey done on a house I made an offer on last year and found out the driveway for this house within 2 feet of the house was owned by neighbor. I passed.
Don't be mad it is just buyer beware as we all should be. Get it done and deal with outcome. --192.129.xxx.xx
Buyer wants survey. (by Still Learning [NH]) Posted on: Sep 7, 2020 9:51 PM
Looks normal doesnít always equal that is how the survey is. Can you pull the deed and try to see if it looks like it matches what you think? We had to do a survey after our house burned down in order to get plans to rebuild approved. Turns out what seemed like lot lines wasnít where they really are. We own 1/3 of our neighbors back yard (we are set behind and slightly offset). However there is a natural boundary which makes sense which we both put some trees in for privacy so it doesnít make sense for us to use or claim they canít use that land. We do understand at some point they could make a claim against that land since they have mowed and used it for the last 20 years. I would be concerned without a valid reason why they want the survey? --107.77.xxx.xxx
Buyer wants survey. (by JKJ [MA]) Posted on: Sep 7, 2020 10:04 PM
Say what you want about me, but with any large purchase I make, I do my due diligence. I have never, and would never buy a property without knowing 100% where the lot lines are for the reasons stated above. I have had surveys done on all homes/land I have purchased. What seems obvious, isnít always what it seems. It appears you know this, thatís why you are apprehensive about the survey. Not because youíre hiding something, but worried about what may be hidden from you. --70.20.xx.xx
Buyer wants survey. (by Mike [TX]) Posted on: Sep 7, 2020 10:10 PM
NE I was a surveyor for almost 30 years. In most states if a mortgage or title co. Is involved they usually require a survey. If nothing has been changed since the last survey they can use that one. I can tell you many of properties where the owner thinks he knows where the lines are ...... he doesnít. Many property lines are not where everyone thinks they are. I canít count the discrepancies I have found through the years. Most fence companies will require a survey before putting up a fence also. --73.166.xxx.xxx
Buyer wants survey. (by Nellie [ME]) Posted on: Sep 7, 2020 10:16 PM
There is a street in our city that used to have a street that ran between the lots that are back to back now. Recent surveys have found that when the street was closed And the land was added to the existing 120+ years ago the deed transfer was not technically done correctly. So the city in reality still owns about 30í. The landowners have been paying taxes on the land and buildings on the land all this time. A survey for the mortgage and title may or may not find the problem. Some closings go through without a problem, some get hung up. There are probably 30-40 properties affected by this problem.
So, in conclusion, those property lines you think are correct may or may not be what you think they are. --71.161.xxx.xxx
Buyer wants survey. (by Sisco [MO]) Posted on: Sep 7, 2020 10:28 PM
Do you think the buyer wants to pin the lot? A survey in an established subdivision wonít be any different than the description. --67.43.xxx.xxx
Buyer wants survey. (by LindaJ [NY]) Posted on: Sep 7, 2020 11:06 PM
I want a survey of my purchases, unless it is a super deal with a fast closing. I will pay for that survey. If a seller will not let me survey, I will figure something is up and that would make me very wary of buying. --108.4.xxx.xxx
Buyer wants survey. (by BRAD 20,000 [IN]) Posted on: Sep 8, 2020 2:01 AM
What do you care how your buyer spends his money? If they find a problem you have a problem that was already there. A confident buyer is a happy buyer.
Survey is standard practice in my area. *I* require a location survey when buying.
A local big shot investor bought a Wendy's on a busy corner. The surveyor crossed the lot numbers and the guy actually bought the hard to access much cheaper BBQ place BEHIND it with a covenant that said they could never sell hamburgers.
We have 3 types
-stake survey (expensive with transits and guys holding poles and boundary pins are "staked")Required for construction.
-location survey (Surveyor just makes sure the structures are on the subject property, no stakes)
-mortgage survey (Surveyor drives by or looks at satellite photos to determine if the structures on or the subject property.
I sold a home with a large lot and the title company found to streets that were never built intersected directly under my 3 car detached garage.
An appraiser found a 30' wide gas main easement across the front yard just touching the corner of the brick home.
Buyer wants survey. (by Mike [TX]) Posted on: Sep 8, 2020 6:21 AM
Sisco, surveyors actually have to do a full survey no matter if things are changed or not. Normally they will not re stake the property unless the owner request it as re staking is usually several hundred dollars more on the cost of the survey.
Brad 2000 a mortgage survey And a location is done by a complete field survey. The lot and structure have to be tied into everything else others they are just floating in space. They cannot just do a drive by or look at satellite photos. A complete survey has to be done even if no changes have been made and they are going to use a previous survey. Until they bring the survey back to the office and it is adjusted out on the computer No one knows if there has been any changes made or not. Surveys are extremely precise... to 1000ths of an inch in a lot of Cases. --73.166.xxx.xxx
Buyer wants survey. (by WMH [NC]) Posted on: Sep 8, 2020 6:38 AM
I'll take an old survey if one exists and the Seller has it to hand, but if not we have them done as part of our due diligence. In an old neighborhood, neighbors can encroach on neighbors and you won't know without a survey.
In my county, we need to turn in a survey with every permit request. I know you don't pull permits, but sometimes you have to.
On our own property we found we didn't own a section of land that was fenced as part of ours: NCDOT does. Doesn't matter on a daily basis but when it started to crumble during a hurricane we didn't spend the $13k to fix it as we would have if it was indeed ours. --50.82.xxx.xxx
Buyer wants survey. (by Albert [PA]) Posted on: Sep 8, 2020 6:46 AM
While you may be the personification of ignorance is bliss, anyone with half a brain is going to want to do their due diligence. A fool and his money are soon parted. --73.40.xxx.xx
Buyer wants survey. (by NE [PA]) Posted on: Sep 8, 2020 6:54 AM
Wow, I'm shocked how many people do surveys on here. That's unheard of around here for everyday house closings. Cash or mortgage, doesn't matter.
We don't need them for permits, title ins., or anything like that.
I'm still leaning towards not letting the buyer. There will be another buyer next week who just takes it without potentially opening Pandora's box.
Not that I have anything to hide, but I don't really want find out either. --50.107.xxx.xxx
Buyer wants survey. (by S i d [MO]) Posted on: Sep 8, 2020 8:18 AM
NE, can't you tell them that whatever they find on the survey you don't want to see it? --107.216.xxx.xxx
Buyer wants survey. (by NE [PA]) Posted on: Sep 8, 2020 8:25 AM
Sid, I can, but most likely any boundary disputes or encroachments would be made obvious. Plus The likelihood of nosy neighbors wanting to see what's going on.
To me a survey could be worse than a buyer asking for full inspections.
I much prefer no inspections, but deal with them for the bank. A survey could be much more problematic should it go in a direction that's not controllable or favorable to me.
The art of CONTROLLING the deal, I guess. :)
The property is what it is take it or leave it. --174.249.xx.xxx
Buyer wants survey. (by NE [PA]) Posted on: Sep 8, 2020 8:33 AM
Also, in regards to a nosy neighbor. Say for example there is an issue with the survey and the buyer walks. This particular property has a horseshoe driveway around the house. Say one side of it ends up being 5 feet over onto the neighbor, but given the natural looking property lines, the next-door neighbor doesn't know that.
Once the survey is done and a pin is driven into the middle of my driveway, I have no idea who the neighbor is and thry may not care because it really isn't usable given the lay of the land in relation to their property.
However, they may very well be interested in running a fence right now the middle of an existing driveway.
The more I play ouy these scenarios in my head, the less I'm interested in the granting permission for a survey for this guy or anyone else on other properties in the future. Unless it's a large tract of land.
I think this is a rock the boat kind of thing. --174.249.xx.xxx
Buyer wants survey. (by PG [SC]) Posted on: Sep 8, 2020 9:44 AM
NE Maybe the buyer is playing a game with you. Maybe the buyer has spoken to the adjacent property owners.
And as Mike Tx noted do NOT assume the current survey is correct.
But it seem you are playing the game as I do when selling As Is. I tell the buyer do all the inspections you want the property is still As Is. --184.20.xxx.xx
Buyer wants survey. (by myob [GA]) Posted on: Sep 8, 2020 10:01 AM
If their paying-- why not?
HERE's Why not! what if something s found-- something negative you now have to disclose to next party. On one of mine the purchaser said the garage was t close to the property line and the neighbor found out. Wanted the corner of the garage removed that was inside the 10 ft. LUCKY for me I also saw the survey and saw the mark showing the neighbors driveway about 4 ft into our property.
Was very easy to negotiate THAT.
We have used the county plat room. If we don't have the plat from our purchase (which we usually do) you can go to the plat room and make a copy. Also in the legal description it has the lot measurements from pin to pin. --99.103.xxx.xxx
Buyer wants survey. (by NE [PA]) Posted on: Sep 8, 2020 10:22 AM
My thoughts exactly myob. I sent them a screen shot of the county's plat map. Take it or leave it. --50.107.xxx.xxx
Buyer wants survey. (by Nicole [PA]) Posted on: Sep 8, 2020 10:27 AM
NE and I are both in Pennsylvania. Unless requested for a specific reason, surveys are not a common practice on a property sale unless there is a specific reason (perhaps they want to put up a fence, shed, garage, pool) and want to be certain before purchasing.
I own two properties there the actual surveys were SIGNIFICANTLY different than what everyone thought for MANY years ... and I mean a whole row of properties were affected.
I think I would "rough it up" myself - 60 feet along Maple Street, thence along property of Joe Smith 200 feet, etc.... the distances, not the actual courses. --72.70.xxx.xxx
Buyer wants survey. (by BRAD 20,000 [IN]) Posted on: Sep 8, 2020 11:54 AM
States may vary. My answer was based on information from our County Surveyor and local bank financing requirements.
Buyer wants survey. (by RR78 [VA]) Posted on: Sep 8, 2020 12:38 PM
In my area. Years ago everyone got a survey. Even most banks required it.
Not so much in the last 20 tears or so.
Buyers maybe used to having a survey. I would just require them to pay for it.
If a seller does not allow one. It will look like sellers are trying to hide something.
I think it is rare to have a survey problem. So would not worry about it. And definitively not lose a sale over it.
This not much different than not allowing a home inspection. --73.40.xx.xx
Buyer wants survey. (by RB [MI]) Posted on: Sep 8, 2020 1:44 PM
Survey says, ................................. --199.192.xxx.x
Buyer wants survey. (by myob [GA]) Posted on: Sep 8, 2020 2:39 PM
the big racket in this title insurance for property's and the boundary's.
Agree with BRAD every county and state has different rules. Wouldn't you think we could get a uniform rule for this? --99.103.xxx.xxx
Buyer wants survey. (by NE [PA]) Posted on: Sep 8, 2020 2:48 PM
One would think that title insurance would operate by a more national set of rules. Apparently not. --50.107.xxx.xxx
Buyer wants survey. (by Landlord ofthe Flies [TX]) Posted on: Sep 8, 2020 2:48 PM
In Texas, an old survey accompanied with a form describing any new improvements to the property will suffice. It's not so much the large parcels that have problems, but the small ones. Fence lines creep over property lines, and utility easements can take a chunk out of the property.
It's like proper screening of a tenant, I'd never buy a property without a survey. NEVER!
If you're worried about learning something, then order the survey and have it delivered to the client, or pay for it and let the client's agent do it. Then request to not be shown the survey. However, I'd want to see it and have a copy to give to the next buyer so I only pay for it once. If you do learn something from it that's bad, you will be expected to disclose it in future deals. But, if you never saw it, you didn't learn anything new to disclose.
Buyer wants survey. (by ROCKING BEAR [FL]) Posted on: Sep 8, 2020 10:32 PM
Tread lightly, they can go crazy with this, let them do their thing and you or they can walk away, at the end of the day they want the place or they don't!! --71.214.xx.xx
Buyer wants survey. (by John [NY]) Posted on: Sep 10, 2020 4:10 AM
Iíve never heard of not allowing a survey. Iíll assume these properties were bought for $20,000 as is, without a survey. --67.241.x.xxx
Buyer wants survey. (by Jim [OH]) Posted on: Sep 11, 2020 7:25 AM
Buyer wants a survey? The buyer buys one. --184.57.xxx.xx
Buyer wants survey. (by Pmh [TX]) Posted on: Sep 12, 2020 2:00 PM
in TX seller is to provide survey. any time I buy I require a new one. I donít accept old surveys ďwith notesĒ --72.180.xx.xxx
Buyer wants survey. (by Ray-N-Pa [PA]) Posted on: Sep 13, 2020 4:31 PM
Buyer is always right - because the buyer has to pay for for what they want --24.101.xxx.xx
Buyer wants survey. (by NE [PA]) Posted on: Sep 14, 2020 1:07 PM
Told buyer no the other day. Buyer calls back today and says he is OK with it and would like to move forward without the survey. Fine by me. --70.44.xxx.xx
Buyer wants survey. (by JKJ [MA]) Posted on: Sep 14, 2020 2:50 PM
Well there you have it NE, another example of different practices in different states. Whatís common in 1 state is apparently unheard of in another. --70.20.xx.xx
Buyer wants survey. (by Cjoíh [CT]) Posted on: Sep 16, 2020 5:48 AM
When you get a survey in Northern Ireland it only goes back four or five hundred years................charlie --32.214.xxx.xx
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