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MomMom
LIF Toddler
Member since 9/10 428 total posts
Name:
hi
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After you go into contract, when was the survey done?
Was it right away when you entered contract or before or after the mortgage is done?
Message edited 9/12/2012 5:07:02 PM.
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Posted 9/12/12 2:47 PM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
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Re: After you go into contract, when was your survey done?
The survey is usually done prior to obtaining a mortgage loan commitment. After all parties sign the contract and the title search is ordered, the buyer's attorney will either order a new survey then (takes 1-2 weeks to get) or have the title company attempt to locate an existing survey. If a useable survey is found that is not too old and changes were not made to the property, you can use that in lieu of a new one.
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| Posted 9/12/12 3:10 PM |
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MomMom
LIF Toddler
Member since 9/10 428 total posts
Name:
hi
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Re: After you go into contract, when was the survey done?
Posted by The Law Office of Robert Perrotta, PC
The survey is usually done prior to obtaining a mortgage loan commitment.
Thank you. So would you say a survey is done closer to closing or further from closing?
Message edited 9/12/2012 5:15:45 PM.
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| Posted 9/12/12 5:15 PM |
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After you go into contract, when was the survey done?
Further. The sooner, the better (in case issues turn up, there's then time to resolve them).
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| Posted 9/12/12 7:15 PM |
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ali120206
2 Boys
Member since 7/06 17789 total posts
Name:
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After you go into contract, when was the survey done?
Ours was done close to closing and there were issues with our property lines (neighbors fences, sheds, etc) that delayed our closing.
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| Posted 9/13/12 11:43 AM |
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Paramount
Sweet!
Member since 7/12 4287 total posts
Name:
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Re: After you go into contract, when was the survey done?
Ours was done closer to closing. We thought we could use the old survey, but after speaking with our attorney, we all decided to pay the money and get it done.
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| Posted 9/13/12 2:39 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: After you go into contract, when was the survey done?
a real estate attorney oders it earlier in the transaction- b/c of knows issues- c/o, fence in the wrong spot etc
a non-real estate attorney always orders it so late it holds up closing- never fails- going thru that now on a deal that we have been clear on for 2 weeks
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| Posted 9/13/12 6:27 PM |
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Re: After you go into contract, when was the survey done?
I typically order a new survey when I order title.
Kristen M. Breglio, Esq.
The Breglio Law Firm, PLLC
1225 Franklin Avenue, Suite 325
Garden City, New York 11530
p: 516.240.8033
f: 516.240.8032
www.thebregliolawfirm.com
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| Posted 9/14/12 7:53 AM |
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