Do I need a separate effort to survey and verify the property boundaries?

You want this person to be able to qualify the lead, perhaps they have a script, or an informal survey they give in order to know how to handle the call.

Most of your bigger banks and mortgage brokers have a $50k minimum, chase, b of a, and companies like countrywide and such, local banks and credit unions will normally loan basically any amount, I've done as little as $15k, but you still pay similar fees, orignation cost, and surveys, apprasials, and such fees that are generally the same cost if they loan $10k or $100k, so there becomes a point when imo its not worth going through the bank, as the upfront cost are too great for the property, i.e. $2000 to get into a $20k house, at 7%, or you can do a hard/private money or similar loan and pay 12%: but have less requirements to obtain the loan, that 5% doesnt make that much of a difference in payment.20k 7% 30yr payment $133.06/mo20k 12% 30yr payment $205.72While that may be $70 a month, if your orignation cost are $2000 greater it would take you 2.5 years of paying that higher payment to become even, if you wanna keep it for 30 years pay for the rate, if your unsure your longterm plans, pay the higher rate and keep your bank loans open for higher priced properties you may come across, it sucks to have your conventional loans all tied up with small $20k loansHml also close ways faster, giving you a buying advantage.Now a days with banks being so strict on the number of loans they will make and such it really sucks.tieing up one your money "lifelines" for a 20k loan.And with 25% down I'd think most private money guys would be all over that, get a deal at even 10% off retail, put 25% down, should be within most of there guidelines.Little off topic but something to consiter before using banks for smaller loans!

I am willing to pay $xx,000 cash no contingencies No inspection No survey Close as soon as possible Just had a purchase offer accepted no counter on a house on Monday exactly like that And another under contract this morning No counteroffers.  

Here are a few items some lenders do not include in the APR while others will include in the APR.Appraisal FeeAppraisal Update/Completion ReportCredit Report FeeLender's Title Insurance FeeNotaryAbstract & Attorney Opinion FeeEarly Issue Title Insurance FeeLien SearchMortgage CertificationMunicipal Lien Certificate FeeName SearchPlot Plan/Plat/Survey Search FeeTitle Endorsement(s) FeesTitle Enforcement FeeTitle Search/Exam/AbstractTermite/Pest InspectionRecording Fee

Put in due diligence, appraisal, phase one, survey, lender reserves and you are about maxed out.

A new survey just released today by the Realtors (survey was conducted July 18-22, 2013) says that 3 out of 5 home buyers consider the school boundaries in their buying decision.

The quiet costs breakdown as so:Buying Costs (Closing costs, Inspection, Survey, Appraisal) : 1.5% of $115k = $1,725Holding Costs (Property taxes, Insurance, Utilities & Maintenance) = 1.5% of 115k = $1,725Cost of Money ($130,000 Hard Money @ 12% +3 points over 5.2 months) = $10,660Selling Costs (Real estate commissions, Closing costs, 3% CCA) = $22,575TOTAL = $36,685Obviously I'll make more if I don't have to pay buyers closing costs and rehab and sell the house in under 5 months.

For 50+ units, if it is off market, then I am going to ask for 30 days after receiving all of the financials that I request (Taxes, rent roll, T-12, P&L's for the past 3 years, utility bills, surveys, environmental reports, etc). 

HI Kay, I think you'll probably want to have a formal survey done on the property to determine who "owns" the tree since the survey will determine exactly where the property lines are.