Winter Park Home Magazine - Winter 2004/2005

Surveys Can Be A Buyer's Best Friend
by Frank L. Pohl, Attorney At Law
Partner, Pohl & Short, P.A., Winter Park
As an attorney involved in real estate closings and the issuance of title insurance, I find that clients frequently raise the issue of a property survey. The question is almost always the same. "Do I really need a survey for this property or am I just throwing money away on an unnecessary exercise?"
If a mortgage lender is involved, you probably won't have a choice. Most banks and mortgage companies require a survey at closing. It's for their protection...and yours. Even if it's a cash sale, I always tell buyers to get the survey. The buyer needs to know the exact location of the property boundary lines in order to know precisely what is and what isn't part of the property. More......(Property Surveys)
