Trying to sell a home in a tough real-estate market can present some unique challenges. Investing in upgrades to your home's interior may not be enough to fully capture the attention of potential buyers. If you are planning to sell your home in the near future, you should take the time to recognize the value of investing in a land survey.
Here are three ways that working with a land surveyor could help you sell your home more easily in the future.
1. A land survey gives accurate information about your lot.
While the condition of your home is important when it comes to selling the property, buyers also want to know how much land they will be getting if they decide to make you an offer.
Although you can provide an estimated acreage when asked how much property your home sits on, investing in a land survey allows you to provide detailed and accurate information about the size of your property. The land survey will clearly show the property lines that define your property, allowing buyers to see just what they will be purchasing when making an offer on your home.
2. A land survey helps to avoid future legal disputes.
Over time, property owners can begin to blur the boundaries of their building lot. This is often done through the construction of a fence that doesn't lie exactly on the property lines or by allowing a neighbor to access his or her adjoining property by traveling across the lot.
Buyers don't want to deal with the potential legal ramifications that are associated with blurred property lines. When you have a recent land survey in hand before listing your home for sale, you can reassure buyers that they will not be involved in any future legal disputes over blurred property lines should they make an offer on your home.
3. A land survey can streamline the mortgage process.
Most buyers finance the purchase of a new home through a mortgage loan. The financial institutions that issue these mortgage loans require a significant amount of documentation before transferring funds.
When you have a land survey completed prior to listing your home, you can easily provide this survey to the mortgage company in order to streamline the application and funding process for your buyers. Eliminating some of the hassle associated with obtaining a mortgage through a land survey is a benefit that may sway buyers to make an offer on your property.
Once you are able to see the ways in which a land survey can help you sell your home, it's easy to see why you should invest in a new land survey for your property before listing it on the market.
Talk to a company such as Burget & Associates Inc to get started.