A Few FAQs About ALTA Land Surveys18 May
If you are buying a piece of land in Las Cruces, you have probably been asked by the bank or titling company for an ALTA survey. You may be irritated that you need to obtain such a detailed land survey, but this document provides a wealth of info about the property at hand. It may be more costly, but it is an excellent document to have to avoid issues later on down the line. We have answered a few frequently asked questions about these specific surveys here.
Why Do I Need an ALTA Survey?
This land survey is quite detailed, as mentioned before. It can be a bit more costly than the average land survey, but with reason. Title companies as well as lenders may ask for this survey. It can happen either when you are buying, selling or refinancing a property. Most often times, lenders are looking to avoid “survey risks.” This can include disputes over boundaries, encroachments and other difficult issues that can lead to problems and even lawsuits down the line. An ALTA Survey would reveal any of these issues and more. Even if the bank or titling company doesn’t require you to purchase this detailed survey, it may be advisable to avoid problems. This can be especially true when purchasing vacant land that has never been surveyed, or has been survey over a decade ago.
Why is an ALTA Survey More Costly?
Some land buyers in Las Cruces may be unhappy with the higher cost of an ALTA Survey. However, this type of survey is only performed by a registered, licensed surveyor. It means specific standards outlined by the American Land Title Association (ALTA) and the American Congress of Surveying and Mapping (ACSM). In essence, this survey meets the highest standards recognized throughout the U.S. It includes much more detail than most other land surveys. This can include boundaries, fences, utility lines, roads, easements and areas that have been improved.
How Do I Get Started With a Land Survey?
Getting started with any kind of survey in Las Cruces is as simple as calling us up at Land-Mark Professional Surveying, Inc.. We are one of the best and most reliable land surveyors in the Southwest. We provide a wealth of services to help you with your property. Whether you are buying, selling or refinancing a piece of land, our certified experts can help. Contact us today for more info.