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Annual sales growth has been positive since late Spring. While the OSFI mortgage stress test and higher borrowing costs have kept sales below 2016’s record pace, many households in the Greater Toronto Area remain upbeat…
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Property Surveyors, sometimes referred to as land Surveyors, play a vital role in the real estate world. They are the professionals who determine or confirm the exact boundaries of a property.
Will you need to deal with a Property Surveyor when selling your home?
Sometimes the mortgage lender will ask for a land survey, especially if your property is older and hasn’t changed hands in many years. You might also be asked for one by the buyer if there is any confusion about the size and boundaries of your property – or if significant changes have been made to it in recent years.
This is nothing to be concerned about.
A qualified Property Surveyor will do the appropriate inspection and measurements on your property and issue you the survey. (It looks a little like a blueprint.)
Property Surveyors are highly trained and licensed. In the United States, the profession is represented by the National Society of Professional Surveyors, with each state having its own governing body. In Canada, Professional Surveyors Canada (PSC) represents the professional nationally, and most provinces have their own professional associations.
Before getting a new land survey, make sure you don’t already have one. Hopefully, you’ve stored the paperwork that relates to the purchase of your home. Look through it. A valid land survey night be right there. If you have questions about land surveys, call today.
This client sold his home and decided to move in with his daughter. He says: “I sold my home in Toronto through the efforts of Ms. Carmel Kidd b.a.. I am pleased to attest that this was handled in a professional manner and I was satisfied in every way.”
I was delighted to be able to sell this client’s income property to enable him to buy his first family home. “Carmel seemed to quickly come up with the appropriate information when I needed it. Her advice to conduct a home inspection before I purchased has truly paid off in peace of mind.”
EMPTY NESTERS TO CONDO
These clients were empty nesters having lived in their family home for over 50 years. They moved into a beautiful condo with a spectacular view of the Lake. They say, “We are very grateful to you for your sensitivity and care in facilitating this transaction with minimal disruption. In particular, your expeditious sale and your determination for a higher price reduced our anxiety level considerably.
This was a couple who sold their home to move to cottage country. “Carmel was open and honest when assessing the market value and length of time expected to sell. The house sold within $3K of list price within four weeks in a slow uncertain market.”
It was lovely to receive a letter from a peer who said: “It was a pleasure working with someone who conducts their business in such a professional manner.”