Abby gave me a tour of the town when I interviewed for a job. It was clear she was knowledgeable about the area. We later found a house we loved and asked if she would help us with very short notice. She jumped in right away and had our offer accepted in three days. She went above and beyond for us and was the best thing about our homebuying process.
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.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS
Listing Data updated: November 21, 2024, 4:30 am
IDX information provided by the Indiana Regional MLS
