Do you really believe that they didn't ask survey respondents how much of a discount they'd be willing to take?

The fence hasn't been up for long and the seller failed to get a survey done before it, now I have to deal with it if the property owner next door wants it removed or when they go to sell a few years down the line and the buyer wants it done.

No condos or town homes are included in the survey data so they are not in the index.No adjustment is made for the condition.

I order the various inspections and surveys and I prepare the financials and other reports for the lenders, which for multi-million dollar commercial deals consists of "boxes" of information.

There's actually a fair amount to it, not just drawing a line on a map.I've never done it, the land is zoned as rural residential so from my understanding I still have to get the lot surveyed & sketched, go to the township and request permission to sever and get building permits.

Here are some of the things that I do for them:Prepare and update budgets and timelinesPrepare or review vendor contractsMake sure W-9s, insurance certificates and lien waivers are receivedAssist with preparation of due diligence itemsOrder surveys, appraisals, inspections etc. and make sure they are received on-time (or sooner)Review and prepare closing documents for signing (after received from the attorney)Coordinate closing with broker, real estate agent, title company, lender, etc.Full charge bookkeeping including A/R, A/P, FinancialsPrepare and submit draw requests to Lender's for payment of contractorsThere are a lot more things I can do for local clients, such as meet contractors to receive bids, check-in on remodel sites, etc.Usually the REI's locate the properties and do comps themselves.

The purpose is to look how market trends affect the value of an "unchanged" home over time.Robert,How do they know the condition of the homes in the survey?

If you hadn't noticed, Bend was on almost every national survey representing one of the hottest real estate spots in the US.

I understand that the 50% rule of thumb is based on surveys in which individual expenses for rentals add up to 45-50% in the aggregate of which taxes are around 10% of gross rents.

Once escrow is opened, both buyer and seller have to authorize any changes in escrow instructions.Typical seller paid items:Deed preparation; existing mortgage and accrued interest; transfer taxes; commission; title insurance; repairs based on termite inspection report.Typical buyer paid items:Hazard insurance; document preparation fees; survey; mortgagee's title insurance; credit report; loan origination fee; prepaid mortgage interest; discount points; Recording fees (deed and mortgage); termite inspection.