There are a variety of situations that could require you to hire a surveying company to perform an ALTA/NSPS land title survey. Commonly, mortgage lenders and title companies will request these surveys when you apply for mortgage insurance or a land title. These surveys can reveal any problems that could arise around a land deal.
At Scalice Land Surveying, we are familiar with all the specific information required in ALTA/NSPS land title surveys in Concord, NC. We have been conducting these surveys for years and use the latest technology to continue to perfect our methodology.
Information Contained Within an ALTA/NSPS Land Title Survey
An ALTA/NSPS land title survey is a type of boundary survey with specific requirements. The American Land Title Association (ALTA), working with the National Society of Professional Surveyors (NSPS), created the guidelines for these surveys. ALTA/NSPS land title surveys are some of the most commonly performed land surveys in the profession.
According to the regulations set forth by ALTA and NSPS, these surveys must contain information about:
- The boundary lines of the property
- The exact location of any buildings
- Renovations that these buildings have undergone
- Any easements on the land
Often, an ALTA/NSPS land title survey will contain additional information beyond what is strictly required. This data can include details about:
- Underground utilities
- Underground structures
- The height of any buildings
- The square footage of any buildings
When Must an ALTA/NSPS Land Title Survey Be Conducted?
A Concord ALTA/NSPS land title survey is most often requested by a mortgage lender or a title company. These surveys are needed for various reasons, including if you are refinancing or selling a piece of property.
An ALTA/NSPS survey can reveal any potential problems that could affect the refinancing or sale of the land, including:
- Boundary disputes
- Differences in legal descriptions
- Mathematical discrepancies
- Zoning issues
Because there are so many issues that an ALTA/NSPS land title survey can help to reveal, it is recommended that you hire a land surveyor even if there is no requirement to do so. Information gathered from an ALTA/NSPS survey can protect you from lawsuits or bad investments.
It is an especially good idea to hire a land surveyor to conduct an ALTA/NSPS survey if you are considering purchasing land that does not have an existing structure upon it. In these situations, it is quite likely that any survey of the land is out of date. There is also a strong possibility that no survey of this land has ever been carried out.
Who Is Required to Pay for an ALTA/NSPS Land Title Survey?
When a mortgage lender or a title company requires an ALTA/NSPS land title survey, it falls to the property owner to hire a land surveyor. If you need an ALTA/NSPS survey, contact our experienced team of land surveyors in Concord, North Carolina, for a free quote.
How Much Will I Have to Pay for an ALTA/NSPS Land Title Survey?
The price of an ALTA/NSPS land title survey is determined by several factors, including:
- The location of the property
- The size of the piece of land
- The terrain
It is impossible to give an accurate quote for an ALTA/NSPS land title survey without these details. However, because these surveys are more detailed and in-depth according to ALTA standards than simple boundary surveys, you can expect a pretty hefty price tag.
Our team of land surveyors uses the latest technology combined with extensive experience to conduct efficient and accurate surveys at a competitive price.
How Long Will I Have to Wait for My ALTA/NSPS Survey to be Completed?
Finding out that you need an ALTA/NSPS survey can be unwelcome news if you are in a hurry to finalize a deal. Unfortunately, conducting an accurate survey is not a speedy process. In addition to physically surveying the property, a survey team must conduct extensive research into the land.
It is always advisable to begin an ALTA/NSPS land title survey in Concord as soon as you know that one will be needed. Our land surveying team will do everything we can to provide you with a thorough ALTA/NSPS survey in as little time as possible.
What If I Have an Old ALTA/NSPS Land Title Survey?
If a mortgage lender or title company requires an ALTA/NSPS land title survey, it may be possible to use a previously conducted survey. These surveys are generally considered valid until changes are made to the property. If you have not made any changes since the land was last surveyed, these parties may accept the old survey.
However, there is no rule that says that a title company or mortgage lender must accept a previously conducted survey. The more time passed since the survey was completed, the more likely a new survey will be requested.
Hiring a Surveying Company to Perform an ALTA/NSPS Survey in Concord
When hiring a surveying company, you want to make sure you hire a trusted surveyor with a history of producing high-quality work. At Scalice Land Surveying, we pride ourselves on our record of high customer satisfaction. We combine experience with technology to provide our clients with detailed and accurate information about the properties we survey.
We work efficiently, offer competitive pricing, and take pride in the quality work that we produce. Contact us today for a free quote if you need an ALTA/NSPS land title survey in Concord, North Carolina.