Article View: misc.rural
Article #1551Re: prepurchase survey? (was Re: flow rate for well)
From: C. Brunner
Date: Mon, 29 Sep 1997 00:00
Date: Mon, 29 Sep 1997 00:00
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2363 bytes
In article <bluenoteEH5E2v.A4q@netcom.com> bluenote@netcom.com (Bryan Hinkle) writes: >nospam@nospam.org wrote: >: Speaking of which, is it unusual to get land surveyed before you >: buy it? The sellers seem to think we're nuts to get it surveyed. > Nope you're not nuts to get it surveyed ,I'm going through crap >uncovered by a survey of a 40 acre parcel that would have never been >uncovered without said survey.... No, it's not unusual at all to have a survey done before you buy rural property. In fact, some lenders *require* a recent survey before they'll lend you money for the purchase. If you're paying cash, you can skip the survey but don't do it unless the title itself is clear (title search, insurance, etc.) and if you're *certain* the land is where the deed says it is. We've been involved in 3 rural land transactions in the past few years. On #1 we split the cost of a survey with the seller; the survey didn't reveal any surprises but the title search sure did! On #2 the seller (a bank that had foreclosed on a mortgage) had already done a survey and its cost was listed as a closing cost. On #3 we elected to skip the survey because the land was described as "SW 1/4 of Section 9, Township 24..." etc., the section corners were obvious, two of the 4 boundaries were well-marked, and the third boundary was a county road. We had a survey done last week and learned that the neighbor to the north is gardening on our side of the 4th boundary line. Just his corn patch, but there's no doubt he's over the line, and has probably been slipping over for several years (unbeknownst to us). Now we have to figure out what to do... C. Brunner
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 1012ff,5069959413ba8f49 X-Google-Attributes: gid1012ff,public X-Google-Thread: f514b,5069959413ba8f49 X-Google-Attributes: gidf514b,public From: brunncj@NOTvetmed.auburn.edu (C. Brunner) Subject: Re: prepurchase survey? (was Re: flow rate for well) Date: 1997/09/29 Message-ID: <brunncj.81.00FF6FCA@NOTvetmed.auburn.edu> X-Deja-AN: 276506079 References: <60bbc2$3qs$1@nntp2.ba.best.com> <60cqjf$5lo@sjx-ixn5.ix.netcom.com> <60gl60$msg$1@nntp2.ba.best.com> <bluenoteEH5E2v.A4q@netcom.com> Organization: Auburn University Usenet Server Newsgroups: misc.rural,ba.mountain-folk