A land surveyor is one of the most influential professionals who play a critical role in real estate title closing. You must undertake the necessary mortgage surveys, which will require the assistance of a land surveyor. You cannot close any real estate deal without consulting such individuals. If you are planning to buy your residential property, here are some significant benefits a surveyor will offer in real estate closing.
1. Locating and Marking True Boundaries
A surveyor will help you understand your land’s actual boundaries in any land transaction. This is essential as you do not want to purchase a piece of land that does not have well-defined boundaries. The surveyor will use updated maps and GPS technology to identify the corners of your property. He will then use special equipment to mark these corners. In some cases, the surveyor may need to use paint or other materials to mark the corners of your land. This will help you to understand the exact boundaries of your land and avoid any disputes with your neighbors in the future.
2. Determining the Elevation of Your Land
The surveyor will also determine the elevation of your land. This is important to consider when building any structures on your land. The surveyor will use a special instrument called a leveling rod to measure the elevation of your land. He will then make a report indicating your land’s exact elevation. When you build a house or other structure on your land, knowing the types of soil will allow you to make informed decisions about what type of landscaping to use.
3. Assessing the Condition of Your Land
Another essential service that a surveyor can offer in a real estate closing is assessing the condition of your land. The surveyor will look closely at the land and note any potential problems. He will look for sinkholes, erosion, or other issues that could cause future problems. This information is critical in helping you to make an informed decision about purchasing the land.
4. Confirmation of the Closing Documents
You cannot close on a piece of real estate without the confirmation of the closing documents. The surveyor will review the closing documents and ensure they are accurate. He will verify that the boundaries of the land are correctly listed in the documents. In this stage, the ultimate role of the real estate surveyor is to confirm that the closing documents describe the actual property.
5. Identify Third-Party Interests
As you will discover, many different types of interests can be associated with a piece of real estate. For example, you may have an easement that allows your neighbor to use a portion of your land. The surveyor will identify any third-party interests in the land and make sure they are listed in the closing documents. This is an essential step in protecting your interests in the property.
A land surveyor is a critical part of any real estate transaction. He can offer various services that will benefit you in the closing process. Consult with a surveyor before you close on your next piece of real estate. Contact D.G. Smyth & Co. today and let us help you with your surveying needs.