Thursday, April 15, 2010

Who pays to have a survey done on property that is for sale?

I live in texas and have just put money towards a piece of property, I got to thinking this property needs to be surveyed who pays for that the seller or the buyer. any advice would be welcomed

Who pays to have a survey done on property that is for sale?
normally the buyer pays for survey...........


in most cases a survey has been recorded at courthouse and a clear deed/title is available...





is some case wheree land is divided the owner/seller pays...


mutual agreement can be reached to split payment also...





but buyer will be held liable for payment in most cases....
Reply:this is negotiable, but since lenders don't require it anymore (at least in most states) Traditionally, its been up to the buyer to pay for one if they want one or if the seller can't provide one. Its a small item -a few hundred dollars, so noone should be offended if one is asked for
Reply:Survey or inspection? Which? many people use the term survey and don't realize it only sets the boundaries.
Reply:Everything is negotiable in real estate. You can ask the seller to either provide a copy of a survey or pay for one. There is no standards for anything!





Regards
Reply:depends on what you write in to your contract. Do you have an agent you're working with?


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