Archive for the 'Online Property Survey' Category

February 19, 2019

Has a lack of property survey ever delayed your deal from closing? If so, you’re not alone.

A property survey can be immensely important — even more important than the deed, say some.

While not all lenders require property surveys, if you are dealing with one who does you know that it’s necessary. But what can you do if you don’t have, or can’t find, a survey?

The long answer might be to arrange for a new surveyor to come out, but this can get expensive and time-consuming — especially when you are waiting on a deal to go through and the survey is the last piece you need.

The short answer is simple: access it online!

GeoWarehouse has existing historical surveys available online in our e-store. If a survey for the property in question is available, you’ll be able to obtain it at the click of a button for much less than it would cost to get a new one.

Even if your lender doesn’t require a survey for the deal to close, it’s still a good idea to see if a historical copy exists.

According to the Toronto Star, a 2015 study by the surveyors at Protect Your Boundaries showed that of 1.2 million freehold residential properties in the GTA, an estimated 49% have significant boundary issues, most of which would not be covered by title insurance since they involve fences, hedges, and retaining walls.

Plus, if an issue comes up at the last minute, you’ll want to be prepared. The same Toronto Star article references a vendor who owned a house on the wrong side of a street, and one who owned the wrong half of a semi-detached house.

These may seem like extreme cases, but it is often better to be safe than sorry — particularly when it comes to closing a deal.

Obtaining a property survey can just be good due diligence. And accessing it online makes it so easy to do that you’ll want to make it part of your regular process.

Access your property surveys today through the GeoWarehouse e-store. If you don’t have an account, call us at 1-866-237-5937 or visit www.geowarehouse.ca.

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Real estate technology is creating a lot of advancements, including when it comes to property surveys. Did you know that you can often access land survey records online?

A survey can provide potential issues, such as fencing that extends past the property line, or an overhanging garage roof. In the past, obtaining a survey has been a major cost and inconvenience, especially when a new survey is required. But some services offer the ability to access online property surveys and plans.

A survey can also reveal important information to your client. For example, if they plan to put in a double garage, they’ll need to check if the property is zoned for one. Or maybe your client wants to use part of their property for a business. A survey can reveal these restrictions that may pose problems later.

Whether your client is buying or selling a house, a property survey may be required.

  • When buying a home, you might need to confirm that what is being sold is actually for sale.
  • When selling a home, you may need to confirm what land is actually available for sale.  
  • If considering building or renovating, permits for many exterior projects require survey plans.
  • Boundary disputes: a survey plan can help quickly resolve this.

GeoWarehouse offers online property surveys and plans, so if your client needs a survey, check our store first — we might have one available for the property in question.

In our online store, subscribers can access plan images, such as reference plans and plans of subdivision. This can help identify property boundaries and their location. You can also view an image of the Survey Plan portion of a Surveyor’s Real Property Report, Building Location Survey, or other undeposited Plan provided by third-party surveying firms. This can grant you dimensions of boundaries and structural elements on the land.

If a survey is available online, it can save you a lot of time and money and make you look even better to your client. Online property surveys cost a lot less than requesting a whole new survey! The time to get it is also vastly reduced as its delivered electronically.

Don’t let a sale be delayed because of a lack of survey — the next time your client needs a property survey, check online first. Search for surveys and plans in the GeoWarehouse Store. If you’re not already a subscriber, become one today at www.geowarehouse.ca.

 

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