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What About Surveys?

Location Surveys and Boundary Surveys

On February 2nd, we had the pleasure of partnering with Bill Feller from McSteen Land Surveyors. There was a ton of great information presented! Specifically, the differences between a Mortgage Location Survey and a Boundary Survey.

Here is a little Chart to assist in comparing the two*:

Mortgage Location Surveys

Boundary Surveys

Price

$185-275

$1,400 +

Accuracy

Plus or Minus ft

Plus or Minus .02 feet

Turnaround

Several Days

Several Weeks

Standards

Provides Substantial Proof that the property is there and within property lines for Title & Lending Purposes

Determines the boundary lines for the property owner’s use (sometimes these are necessary for the county’s use if a new legal description is required)

Shows

-Boundary Lines according to the Legal Description

-all about the title company provided information & identifying potential title issues

-Boundary Lines as calculated by Surveyor

-all about the Surveyor research and calculations to determine boundary lines

*Information taken from McSteen Land Surveyors, GIS Mortgage Location Surveys and Boundary Surveys presentation on 02/02/2023.


Feel free to reach out to reply to this email if you are interested in receiving a copy of the presentation for future reference. Also, if you or a client is asking for contact information for a surveying company, McSteen Land Surveyors are wonderful to work with.

McSteen Contact information: Email: orders@mcsteen.com | Number: 440.585.9800


Last, we hope you can join us for a CE Course on Thursday, February 23rd on Real Estate & Title Law from 10 am -12 pm. Reply to this email if you would like to come!


As always, please let us know should you have any questions regarding this topic!

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