Thursday, September 22, 2022

Title Survey in Bergen County NJ

Are you looking for a Title Survey in Bergen County NJ? Omland & Osterkorn are an accomplished engineering and surveying firm with expertise in conducting title surveys in Bergen County NJ.

Title Survey in Bergen County NJ

One of the many reasons people get loans is because they have a pending project lacking adequate finance. As easy as this may sound, getting a loan can be time-consuming and almost impossible without the right mortgage. For this reason, many people typically use landed property as a suitable mortgage.

On the other hand, if you intend to buy your property, it can also be a risky deal. When one fails to survey and make a proper appraisal of the property.

Whether you’re getting a loan or want to buy land, a land title survey is indispensable. Wonder how? Read on to find out.

What Does a Title Survey Do?

A title survey is an essential step in determining the utility and value of a piece of property. It helps to determine whether the description of the deed of a property matches its true status.  

Lenders know that offering a hefty loan can be risky. When property owners contact them with their property as a mortgage, it'd be easy to do a land appraisal to determine the property's value. However, business models today have changed so that lenders now look beyond the cost value but also want to know the utility of the piece of land.

On the flip side, buyers also don’t want to invest in a property they won’t be able to use as intended. Title surveys keep lenders' and buyers' minds at ease. A title survey will investigate the marketability of the property. It will show whether there are any issues with the title, such as easements, encroachments, and details influencing the title’s “clear” status.

Everything sounds confusing, right? This is why a title survey should be conducted by qualified title surveyors with proper licensing and experience.

Benefits of Title Survey

The title survey gives you detailed information about the exact limitations and rights attached to buying or inheriting land. That’s not all! The title survey can also reveal the following:

·         Where the legal boundaries of the property conflict with physical barriers like fences and walls.

·         Legal recognize use agreements by non-owners (encasements)

·         Encroachment by improvements on adjacent properties

·         Use of land by third parties like utility companies for which there are no recorded easements

·         How legal are the previous improvements made by non-owners

Get a Title Survey for Your Property in Bergen County NJ

Title surveyors like Omland and Osterkorn will give professional information on a piece of property. By using the latest and most efficient technologies, they’ll easily map out property lines, improvements, and encasements to help homeowners, buyers, lenders, attorneys, and companies make informed legal and financial decisions on a property. 

For more information about Title Surveys in Bergen County NJ, speak to one of our Surveyors at 973-647-7820.

Omland & Osterkorn – Your Trusted source for Title Survey in Bergen County NJ.

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