The simple answer is this: A land survey depicts and records the location of a property’s boundaries, structures and buildings. The results of a land survey are recorded as a legal document and the information provided is a graphic representation, similar to a map, of the property.
Real Estate agents need to be familiar with TRID and be mindful of the rules in order to assist both buyers and sellers. The below points are essential for agents to understand to keep closings on track and meet clients expectations.
You have found your dream home and you are now speaking with you lender about all of the additional requirements and expenses that you are responsible for. Along with inspections and permits, you find out that you need to pay for title insurance. Many people then start to question if it is actually necessary or is it just an additional fee tucked into your piles of paperwork.
Whether you are moving to a new town to experience something different or transferring for a job, the experience can be exciting, expensive and lonely all at the same time.
With the growing popularity of Zillow.com, Trulia.com and Realtor.com, I felt that it was important to discuss something you should look out for when you are visiting these sites. According to most real estate statistics, the majority of people are going online if they are in the market to purchase a new home, so there is a strong possibility that you will land on one of those sites. Let’s take Zillow as an example. On Zillow’s homepage, there is an opportunity to search for a property by town, here’s an example of this search feature from Zillow’s site.