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Updated about 8 years ago,

User Stats

38
Posts
11
Votes
Jonathan Jordan
Pro Member
  • Investor
  • Virginia Beach, VA
11
Votes |
38
Posts

Importance of a Survey

Jonathan Jordan
Pro Member
  • Investor
  • Virginia Beach, VA
Posted

Hello all,

I am closing on a property in NC tomorrow, and it is for a family member who is going to purchase the house from me in a few years, and is renting it until then. Since they are family I knew I would not make a lot of money on this deal, so have been trying to keep expenses to the minimum. When asked if I wanted to do a survey I was originally leaning towards no, as I did not want to shell out more money on the property, but I'm glad the BP forums steered me otherwise. After having the survey done it was discovered that the septic system was not on the property, and the sellers had to spend around $4,000 to correct the problem. So grateful for the community steering me in the correct direction!!

  • Jonathan Jordan
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