Jan is highly professional and motivated to meet her customers needs. She was quick to answer all our phone calls & texts. I never realized how much is involved in selling & buying a home. Anyone working with Jan can readily see how much she enjoys her job. We appreciate the "extras" that Klein Realty offer like usage of the moving truck. We will & have already spoken to others encouraging them to call Jan. She is a wonderful realtor.
Why does the mortgagee sometimes require a Survey of the property?
Most mortgage lenders require a current and valid Real Property Report (survey) and proof of zoning by-law compliance from the local municipality, i.e. city, town, Municipal district, etc. The mortgagee (lender) does this to insure initially that the buildings are entirely within the property boundaries and there is no risk that the security for the mortgage will be damaged by the forced removal of the improvements. Most Lenders will now accept a Real Property Report and evidence of municipal compliance or a policy of Title Insurance.