The Significance of Surveys Before Purchasing Your Home

By: Shareholder, Danny Hoy, Bradley K. Richardson, P.C.
January 25, 2024

The Significance of Surveys Before Purchasing Your Home

Buying a home is one of the most significant financial investments one can make in one’s lifetime. It involves careful consideration of various factors, and one crucial step in this process is conducting a property survey. Surveys can play a pivotal role in ensuring that your home doesn’t turn into a nightmare due to unforeseen issues. Let’s explore the importance of surveys before purchasing a home and why they can be a vital step in the real estate journey.

1. Property Boundary Clarification:

Surveys can help in clearly defining the boundaries of a property. Knowing the exact limits of your prospective home ensures that you are aware of what you are purchasing and prevents potential boundary disputes with neighbors in the future. This clarity is essential for a peaceful and hassle-free homeownership experience.

2. Identifying Property Encroachments:

Surveys can reveal any encroachments on the property. This could include structures, driveways, fences, or utilities that extend beyond the property lines. Discovering these encroachments early on allows you to address and rectify them before finalizing the purchase, saving you from potential legal issues down the road.

3. Assessing Easements and Right of Way:

Surveys can provide information on easements and rights of way that may exist on the property. Understanding these legal obligations is crucial, as it can impact your ability to use and develop the land. Whether it’s a utility easement or a shared driveway, being informed ensures that you make decisions based on a comprehensive understanding of the property.

4. Planning for Future Development:

If you have plans for future expansions or improvements to the property, a survey is crucial. It can in some instances help you understand zoning regulations, setback requirements, and other restrictions that may impact your ability to carry out your vision for the property.

Property surveys empower homebuyers with the knowledge they need to make informed decisions and protect their investment. Skipping this crucial step can lead to unforeseen challenges and financial burdens. Therefore, before you sign on the dotted line for your home, ensure that a thorough property survey is part of your due diligence process. It’s a small investment that can save you from significant headaches in the long run, ensuring that your homeownership journey begins on a solid foundation. Of course, one of our attorneys will guide you through the process in deciding whether or not having a new survey done before closing is required or not.

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