When buying or selling property, having a detailed understanding of the land’s specifics is not just beneficial—it is necessary. This guide will walk you through the important aspects of Tulsa surveying and why land surveys are pivotal for both property buyers and sellers.
Why Do You Need Tulsa Surveying When Buying or Selling Property?
Whether you are buying or selling property, understanding the physical characteristics of the land is crucial. Before you sign on the dotted line to complete the transaction, getting a land survey should be at the top of your checklist because:
It Defines Property Boundaries
Land surveys are essential to determine the exact boundaries of the property. This helps identify the precise size and extent of the land you are buying or selling. Likewise, property boundaries can often become a point of contention during transactions. A precise survey can preemptively resolve disputes regarding where one property ends and another begins. This clarity is invaluable, as it saves all parties involved from potential legal troubles and disputes post-transaction.
It Aids in Future Planning
Understanding the details of a property’s topography and boundaries helps buyers and sellers plan future developments or uses. As such, a topographical survey Tulsa can be a critical tool for long-term strategic planning, especially if the property is intended for development or significant alteration. Knowing these details can influence the usability of the property for future projects.
It Helps Justify the Property’s Value
Accurate land surveys can significantly enhance the value and marketability of a property. By providing a clear, detailed depiction of the property, sellers can justify their pricing and attract serious buyers who are willing to meet their valuation.
It Meets Lenders’ Requirements
In many cases, having a recent land survey is not just beneficial but required. Lenders often require up-to-date surveys, specifically ALTA surveying Oklahoma, for property transactions to ensure that all information regarding the land is accurate and current. This requirement protects their investment and provides legal assurance for the buyer.
ALTA Surveying Oklahoma: Why Is it Crucial for Buyers and Sellers?
Both buyers and sellers can benefit from a specific type of land survey called ALTA surveying. For buyers, an ALTA survey provides a clear picture of what they are purchasing, revealing any issues or restrictions that could affect their use or purchase of the property. Sellers, on the other hand, benefit by providing this detailed information, which can help expedite the transaction process and prevent future legal disputes.
What Is ALTA Surveying Oklahoma?
An ALTA survey is a comprehensive tool that goes beyond a typical boundary or topographical survey Tulsa. Designed according to nationally recognized standards set by the American Land Title Association (ALTA) and other entities, these surveys are extensive and provide the information needed to obtain an American Land Title Association or Extended Coverage Title Insurance Policy. They include boundaries, improvements, easements, rights-of-way, and other elements of the property.
Confidently Buy or Sell Property With Tulsa Surveying
Whether you are buying or selling property, understanding the importance of land surveying and choosing the right surveying company can significantly influence the success of your property transactions. When searching for a reputable surveying company to meet your needs, consider the following:
- Experience and Reputation. Look for a firm with extensive experience and an excellent reputation in land surveying.
- Technological Proficiency. The surveying company should use the latest technology to ensure accuracy and efficiency.
- Professional Certification. Ensure that the surveyors are licensed and certified to perform the surveying services they offer.
Partnering With Sisemore & Associates
At Sisemore & Associates, we understand the critical role that accurate surveying plays in property transactions. We specialize in providing precise land surveying services, ensuring that all stakeholders in a property transaction have the detailed information they need to make informed decisions. Our expertise and advanced technology equip us to provide top-notch surveying services that meet all your needs. Contact us today to get started.