Is your mortgage provider mandating property surveying prior to purchasing property in Fife? Since not all lenders require this step, it can seem like a major nuisance when you first learn about it. Luckily, it doesn’t take a whole lot to hire a residential surveying service to perform this labor-intensive process. Here are some details about how it works.
Property Survey Basics
What is property surveying? Mortgage companies typically require a survey to ensure the property’s value is actually worth the amount the borrower is requesting. A surveyor will need to perform research on the land, including looking up the deed history and measuring the property boundary. This will also include sketches and other logistical work.
Plan to be present during the survey. This will give you the chance to see for yourself where the property lines begin and end. By being present, you can also use this moment to ask the surveyor any questions or bring up any concerns you may have.
Even if surveying isn’t required by your mortgage company, it’s still something you should consider due to the many benefits. It provides accurate information regarding land boundaries, which can be invaluable should property disputes ever arise between you and a neighbor. It also ensures you aren’t paying more than what the land is worth.
Need Professional Property Surveying Services in Fife?
Are you a Fife resident acquiring property in the area? Count on the industry professionals at True Point Surveying for property surveying done with precise accuracy. Aside from residential surveying, we also perform commercial surveying for business owners in the region. Contact us today to find out what we can do for you and to arrange an initial consultation.
Professional Property Surveying Services in Fife
Serving Pierce, King & Thurston Counties, including Puyallup, Tacoma, Kent, Bonney Lake, Federal Way, Seattle, Bellevue, Waller, Fife, Edgewood, Sumner & Parkland