Both times we have used Klein Realty to sell our property, they were sold quickly. I especially like the personal contact they offer, such as updates on showings & monthly reports. The yard signs are big enough not to be missed. The final closing day is no hassle, with all the paperwork prepared ahead of time, and each paper was explained before we signed. From first listed to sale day, we had to do nothing but sign our names. All was taken care of by the kind, professional, dedicated people at Klein Realty.
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.