Are you wondering if you need to get a land survey after buying a piece of property? If so, congratulations! That means that you are close to completing a real estate transaction, and that is something worth celebrating.
But before you break out your party decorations, it is time to consider one very important question: Do you need to hire a land surveyor in Texas?
No matter what piece of property you are buying or where you live, the answer is simple: yes! A land survey is key to protecting yourself and your land. If you are unsure as to why you need to bother with a land survey, read on for four key reasons:
- Title insurance: If you plan to take a loan out from a mortgage lender, then chances are you will need to be covered by title insurance. Title insurance protects you as the owner in the event that something goes wrong with your mortgage. But here is the thing: title insurance is usually determined by a land survey. If your title insurance is based off of incorrect information, then it might be found invalid. In other words, if you want to protect yourself, be sure to invest in a proper land survey!
- Know what you’re getting: You wouldn’t buy a pair of pants if you weren’t sure they fit you, right? And chances are that you wouldn’t buy a car after only seeing 90 percent of it. The same holds true for a piece of property—a survey gives you a better idea of exactly where your land starts and stops, and what the unique characteristics of the property are. Don’t settle for “kind of” knowing about your property—insist on a thorough land survey, so you can know for sure.
- Zoning laws: Depending on what type of property you are buying, you might have plans to change it at some point down the line. If you are buying a commercial or industrial property, perhaps you have plans to expand it or switch up which business you are in. If it’s residential real estate, you might be thinking about putting an addition onto the house, or building a guest house in the backyard. But zoning laws dictate what you can do to a piece of property, and a land survey will help you determine what is and is not legal.
- Avoid boundary disputes: Chances are, you want to start things out on the right foot with your new neighbors, right? Well, one easy way to damage a neighborly relationship is to have a boundary dispute. Fortunately, a land survey will provide clear guidelines as to what is and is not your property.
Now that you know why a land survey is crucial before buying a piece of property, it is time to find a land surveyor in Texas! You will want to look for someone experienced, fully licensed and very accurate in their work.
D.G. Smyth & Company is proud to fit all the above qualifications and more. Get in touch today to learn more about how we can help!