When Do I Need an Alta Survey?
16 August
The short answer to this question is yes, as this particular type of survey has many uses. Alta means American Land Title Association, which is responsible for outlining certain standards for land survey work. As such, an Alta survey meets the highest standards of quality. Therefore, it can be recognized throughout the U.S.. Landmark Professional Surveying, Inc. can provide you with an Alta survey. They have helped many Las Cruces residents by providing quality surveys and they can help you too. On the downside, these types of surveys are usually a bit pricey than your average survey. This causes most people to question whether they actually need one or not. After all, how much better can they really be? The answer to that question is a little harder to see, but overall, the cost tends to even out in the long run. Still knowing when to get an Alta survey done can be hard for the average Joe. One bank might say you need it, while another may say you do not. The best way to tell is to consider the following criteria.
Buying or Selling Land
Having an Alta survey can make buying or selling your land much easier. These types of surveys are incredibly detailed. As such, they reveal just about anything that anybody could possibly want to know about your land. From utility lines to fences, boundaries and roads to improvements and possible encroachments. Besides physically going to the land in question, it would be hard to get such a detailed description of the land. In fact, the survey may actually be more useful than a pair of eyes. Having such a document helps any prospective buyer decide on whether they want the land or not. It can help you as a buyer as well.
Refinancing Land
An Alta survey can help you get a better refinancing rate for your land. Most lenders want to avoid survey risks, such as boundary disputes. This is because such disputes can lead to lawsuits later on and no one wants to be involved in such risks. Having this detailed survey can help ease the lenders mind and highlight the value of your land. As result, you are more likely to get a better offer.
Contact Us Today
Landmark Professional Survey Inc. can help you get the Alta survey you need. We have experience surveying the Las Cruces area and can bring quality results. Call us today to get started with an appointment.
A Few FAQs About ALTA Land Surveys
18 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.