I'm closing on a rental property on Friday. The title company called and asked if I wanted a survey. They said that since I'm paying cash, I don't have to have one. I told them no I don't want one. What do you gu...
A survey was done on the property, which discovered an issue. It turns out the property was actually two separate lots with the same address and no signs of a property line (previous owner did not disclose there were ...
Hey everyone!I'm compiling some research for a report, blog post, and possibly a book.If you suddenly had an extra $250,000 in cash, how would you use/allocate it in your real estate investing business?(assume you cou...
It is a cash offer and the seller doesn't have the survey. Is it a must to obtain the survey for the property in this case? If a survey will be done, who must pay for it? Seller or Buyer? Thanks!
Hi all,We are in contract for a property and just discovered part of the house may sit on a separate lot owned by another party. Property is located in Gatlinburg, TN. We just checked the county website and discovered...
I'm about to buy a duplex off the MLS, and the owner has forwarded me the survey from when he bought it. Do I really need to get the property re-surveyed? Why? There are no buildings close to boundaries, nothing has b...
Looking to purchase a home on a corner lot and had survey done on the original plat drawn out in 1926 it states the lot to be 67.8ft wide 130.5 ft deep. The house has not been sold since then, the tax accessor office ...
Hi BP community, This isn't the first time I'm doing a cash buy for properties, and I have never purchased a survey for properties before. However, this time it is different, I am buying a trustee sale. Should I purch...
Hi everyone,Last summer I purchased a nice single-family home in my town in southern Michigan to rent out. The neighbor is now giving my tenant a hard time by saying that his property actually extends into the drivewa...
I have a unique property that is 11.6 acres divided into 4 parcels of 0.4, 0.4, 0.8 and 10 acres. I bought it in 2006. At the time I bought it, the mortgage company had me survey off the 0.8 acres so that they c...