How Important is a Survey When Buying a Home?

When buying a single family home, you don't want any surprises. 

Many of our new home buyers have asked us if they really need to pay the extra money to get a property survey.

After all, the backyard is already fenced, isn’t that enough?
— Home buyer in Washington D.C.
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Buying a home is the most expensive purchase most of us make in a lifetime.

And you are not just buying the house, you are buying the parcel of land that the house sits on. So the short answer to the question above is, "Yes! You should seriously consider paying for a survey when you are buying a home."

A land survey is a map showing the legal boundaries of a property. The surveyor measures the property and identifies buildings on a property.

In some cases, like when we had our property surveyed in Maryland, the surveyor drove flagged metal stakes into the ground to identify the boundaries. Sometimes surveyors put concrete markers into the ground when the house is built. We found one of these when our surveyor came out to determine the line between our neighbors' property and our property line. 

 

A house location drawing is not a boundary survey. 

A house location drawing is fairly accurate and indicates where the house sits on the property. 

It does not, show the property lines. To have a true understanding of your property size, we recommend paying for the boundary survey. Depending on the lot size and location, a boundary survey can cost between $500 to over $1000. 

  • You will save yourself a lot of trouble if you get a boundary survey. In our case, we paid for a survey and erected a privacy fence. Our neighbor, who was an original buyer from 1961 complained that we had built the fence on his land. However, he was mistaken. He had long thought our side yard was his yard. The fence set the record straight and we were glad to regain the use of our land. 

  • Keep a copy of your boundary survey. If you want to build a shed or plant trees or bushes near your property line, you may need to provide the survey to your County or other local officials. 

Your settlement attorney or title company should answer all your questions about boundary surveys. Remember, you are not just buying the house, you are buying the property. You will want to know what land is yours. Someday, if you decide to sell your house, a buyer will want answers to these questions. If there are any issues with easements or encroachments, you will have a problem. 

 

Happy House Hunting! 

Exclusive buyer agents with Buyer's Edge

HomesBuyHendersons.com

What Does Love Have To Do With Buying A Home?

"True love is the greatest thing, in the world-except for a nice MLT – mutton, lettuce and tomato sandwich, where the mutton is nice and lean and the tomato is ripe. They’re so perky, I love that." Miracle Max

The Princess Bride.jpg

 

The 1987 movie Princess Bride is a beautiful story about true love.

Princess Buttercup and Wesley encounter serious obstacles (the entire movie) but eventually end up together and live happily ever after.

True Love Prevails!

This true love story is a lot like buying a home. There is no such thing as the perfect house for everyone! Every home buyer has unique expectations and dreams regarding their home. So if you are planning to buy a home this Spring, consider why love matters!  

  • Love your Neighborhood - You can remodel and fix up a house but you can't do much to change your neighborhood. You need to love your location first and then focus on the house. To love your neighborhood, you'll want to write a list of what's important to you and your partner. How long is your daily commute? Have you actually driven the route and determined you can live with it? Is there an HOA? Do you think you can abide by rules? Loving your location is imperative if you really want to enjoy your daily life.
  • Love the bones of the house - My grandfather had a great expression, "You can't make a silk purse from a sow's ear." Keep this in mind when buying a home. If it's poorly constructed with cheap aluminum siding with sagging garage door headers-don't buy it. You will regret the purchase even if you do all the right upgrades on the house. 
  • Love the flow - I've seen hundreds of galley kitchens in the Washington & Baltimore area.These kitchen designs were popular back in the day when the wife cooked and then served family and guests in the dining room. Thankfully, those days are gone! If a house you love has a galley kitchen, consider taking down a wall and opening up the space.Galley kitchens are one of the biggest drawbacks for home buyers who are touring older homes. 
  • Love the outdoors - Even if you don't spend lots of time in a yard, it's important to consider who your neighbors will be. Do they have tidy yards? Is there any privacy? If not, is there room for a few trees or a privacy fence? The biggest gray area when buying a home is who lives next door. If you are considering buying a home, drive by in the evening and on the weekend and try to meet a few neighbors. This could help you move ahead with writing a contract or run! 

Love Matters in Real Estate

Best wishes for a happy & successful house hunting adventure this Spring!