Lenders use to require surveys, but in NC at least the requirement has fallen by the side of the road and home owners could suffer in the future. Home owners need to understand that it is up to them to make sure they are buying what they think they are buying and a survey is the only way to make sure.
Never use an old survey. Parcels can be redrawn and recorded. Recently I had a buyer to purchase a home and the home was eight feet to close to the line. The County inspector and contractor used an old survey 10 years ago. If my client had not ordered a survey he would have been stuck with an issue when he decides to sell.
Another reason to have a new survey in the current owner's name is to keep the title insurance company from having an out if something comes up on the title in the future that a survey could have discovered.
A new survey in the new owner's name is very cheap insurance. Never downplay how valuable it is.
If you have buyers moving to the Greensboro NC area please check out our website at www.yourtriadrealestateagent.com . We have a great MLS search tool and will take great care of your referrals.
"Caring for all your real estate needs every step of the way"
Karen and Wendell Hodge
Greensboro NC Real Estate Agents with REMAX of Greensboro
www.YourTriadRealEstateAgent.com
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