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what exactly is the survey inspection?

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DC HJJ M

Member since 8/07

3732 total posts

Name:
Crystal

what exactly is the survey inspection?

and is it common to be one of the last things that are done before closing? my loan officer is saying it should take 1-2 days but I was not aware we needed to wait for this until today, do you think it will push back my closing date?

Posted 3/8/11 10:35 PM
 
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ali120206
2 Boys

Member since 7/06

17795 total posts

Name:

Re: what exactly is the survey inspection?

It is common to have a survey right before closing.

Ours pushed back our closing date because our neighbors had fences/sheds on our property and we needed them to sign an affidavit (years ago - everyone put up their own fences in the neighborhood and they didn't do it correctly).

I think it pushed our closing back 4 days or so (our neighbors signed quickly). We couldn't get title insurance until the documents were signed.

Posted 3/9/11 8:50 AM
 

Deeluvsvinny
DONE

Member since 10/08

4952 total posts

Name:
Whatever

Re: what exactly is the survey inspection?

a survey & survey inspection are different.

Do you currently have a survey? Usually an inspection is when there is already a current survey of the proerty and then they send a surveyor out to make sure that what's listed on the survey is still accurate. this should take a day or two.

Getting a new survey done usually takes at least a week.

It is usually left until the last minute, but I'm not 100% sure why..maybe because both of them cost YOU money, so they want to make sure the deal is definitely happening before they order it. Also, they want the most up-to-date accurate reading.

Posted 3/9/11 9:37 AM
 
 

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