A property survey is essential for a hassle-free home buying process, as it helps determine the property’s boundaries and compliance with zoning laws and local ordinances. The waiting time for a property survey depends on the type of survey paid for, which can range from basic to complex. A condition report typically takes 1-2 days for a residential property, while a property survey can take anywhere from hours to days and can cost between $500 to $750 for a home in a subdivision or up to $15, 000 if you own an 80-acre parcel.
A property survey is a detailed inspection of a property’s boundaries, which is critical for the home buying process. It can indicate changes by past owners, such as new structures or additions. The duration of a property survey depends on the precision needed and the number of variables involved. Drones can do about one hectare per day, taking into account processing. A boundary survey takes about two to ten business days to complete, so it is recommended to budget for at least ten business days.
Placement surveys are a complicated undertaking that requires a licensed professional to complete. The research phase can take hours or days, depending on the survey and property details. The process may take one day to two weeks, depending on the size of the property. For larger properties, land surveying can take up to two weeks. If you’re looking for an efficient yet thorough land survey company, consider calling Scalice.
| Article | Description | Site |
|---|---|---|
| How Long Does a Property Survey Take? | A HomeBuyer Report typically takes between 2 to 4 hours to complete. The surveyor conducts a more thorough inspection, looking at both the exterior and interior … | survey-network.co.uk |
| How Long Does It Take For A Surveyor’s Report To Come … | Homebuyer’s Reports can be returned within five working days, whereas Full Structural Surveys will take a little longer to compile, usually somewhere in the … | pettyson.co.uk |
| How Long Does a Level 2 Survey Take on a House? | A property survey can take anywhere between 1-8 hours. The type of survey and property type will determine how long the survey will last. | comparemymove.com |
📹 How Does A Home Appraisal Work?
Everything you need to know about how a home appraisal works, the timeline, and how to save an appraisal if it comes in too low.
What Happens After Survey Is Done?
After a survey on a house, the Building Surveyor completes an in-depth report outlining the property's condition. Some surveyors may give a brief summary over the phone, while others will have you wait for the comprehensive report, typically available within 5 to 7 working days. If problematic issues arise, particularly with older properties, you might leverage the survey results to renegotiate the purchase price or request repairs from the seller.
Post-survey, it's advisable to share findings with your conveyancer for a thorough review of any legal matters related to the property. The process from survey to completion usually spans approximately six weeks, though this timeframe can vary. Key steps include the conveyancing process, mortgage checks, contract exchanges, and finally, completion.
After receiving survey responses (assuming a business context), the collected feedback should be analyzed, benchmarked, and shared effectively over time.
If the survey report is less than favorable, you have multiple options: accept the findings and proceed, negotiate, or request necessary repairs. It's essential to complete a home survey as part of the home-buying process to make informed decisions moving forward. Ultimately, surveys can substantially influence negotiations and help buyers understand the property's condition before finalization.
Where Can I Get A Copy Of My Property Survey In NY?
For assistance, contact 311 or 212-NEW-YORK (212-639-9675). You can request certified or uncertified property record copies online or in person. Reach out to the county clerk for recorded survey maps or consult a local surveyor for surveying services. When making a request, provide your name, representative details, and contact information (phone, address, email). Access property maps via the Maps page, searching by address, Property Tax Map ID, last name, corporate name, Liber and Page, Index Number, UCC Number, or Business Name.
The Automated City Register Information System (ACRIS) allows property record searches and document viewing for Manhattan, Queens, Bronx, and Brooklyn. For property surveys, visit the Albany County Clerk's Office at 32 Russell Road, Albany. Building inspectors may also have surveys on file, and if purchasing or selling property in New York, obtaining a survey can be essential. If lacking an original survey, consider hiring a licensed New York surveyor.
To find property survey records, check with local government officials, the county clerk's office, or the planning department. Property documents are maintained through ACRIS, and clients may request copies from the Land Records office in White Plains by phone or email for further inquiries regarding property boundaries.
How Long Does It Take To Get Survey Results Back?
Home Surveys Level 1 and 2 generally take 3 to 5 days to complete, while full structural surveys can extend up to 10 working days. Timeframes can vary, so it’s advisable to confirm with the surveyor before proceeding. Survey results are typically received within 3 to 7 working days post-inspection. However, if a Level 3 Building Survey is conducted, additional time may be needed for the comprehensive nature of the report. Generally, most surveys identify some issues, particularly in older properties, which can be useful for price negotiations or requesting repairs from the seller.
The speed of report delivery can fluctuate depending on the surveyor; some may provide a brief summary right after the inspection, while others take longer. Homebuyer’s Reports commonly return within five working days, whereas Full Structural Surveys may take around eight days. The duration for obtaining results is influenced by the survey commissioned, with Level 2 Surveys usually needing 2-4 hours for completion. For a swift response, if booked with SAM, a call with initial findings occurs the same day, followed by the detailed report within 5 working days.
More complex surveys may experience delays depending on the surveyor's workload and backlog, especially influenced by local real estate dynamics. Overall, expect the Homebuyer Report in 3-5 working days, while a Building Survey may take up to 10 working days.
When Should A Home Survey Be Completed?
When buying or selling a home, completing a property survey is essential, though rules vary by location, so consult local regulations. Surveys are invaluable even when not explicitly demanded. It is crucial to have the survey completed promptly to inform decisions regarding the property. Ideally, a property survey should be conducted as soon as possible—especially if the home has undergone any additions that may lead to encroachment concerns. The buyer typically organizes the survey and should book it 1 to 3 weeks after their offer is accepted.
A basic homebuyer report generally takes 3 to 5 days to produce, while a detailed building survey can require up to 7 days for completion. It is crucial to book the survey promptly to demonstrate commitment to the property. Understanding the property's dimensions and boundaries is vital, particularly to resolve potential disputes.
For properties that are larger, older, or require significant renovation, a more thorough survey may be necessary. Ultimately, obtaining a property survey early in the home-buying process allows for ample time to review findings and ensures buyers are well-informed about their prospective new home.
Are Property Surveys Public Record In NY?
Land surveys are public records in New York State, accessible through the Office of General Services (OGS), which provides thousands of government land records and maps. They assist various professionals, including land surveyors and attorneys, and hold documents from the Dutch colonial period to the present. Records can be searched by address, property tax map ID, or various other identifiers. The New York State Archives offers brief descriptions of land title records and related information.
Property records serve for legal and financial transactions like purchases and mortgages. The Erie County Clerk maintains official records of deeds, mortgages, and liens, while the Automated City Register Information System (ACRIS) allows searches for property records in New York City boroughs. Valid survey maps must be signed by a licensed land surveyor in New York. Surveys related to property conveyance are kept as public records upon filing.
However, surveys become public only if recorded with the municipality, as clients can opt not to make them public. Ultimately, land surveys are retained as part of the OGS's permanent records for future use.
How Long Do Surveys Take On A House?
Property surveys are essential for prospective homeowners, typically taking between 1 to 8 hours, influenced by the survey type and property size. There are four primary survey types: the basic Condition Report, which is quickest, and more comprehensive levels like Home Surveys (Level 1 and 2) and Full Structural Surveys (Level 3). Home Surveys Levels 1 and 2 generally require 3 to 5 days, while a Full Building Survey can extend up to 10 working days.
The wait time largely rests on the surveyor's availability and the specifics of the property, with factors such as size, age, and any identified issues impacting duration. For instance, a boundary survey may take between 2 to 10 business days, and surveying may last from 1 to 4 hours for physical inspections based on property specifics. House surveys can take several hours to several days, and costs vary significantly, from around $500 to $750 for standard homes to much higher sums for larger parcels of land.
A HomeBuyers Survey usually takes about 3–5 working days to complete, whereas a Full Structural Survey could take up to 8 days. It's critical not to underestimate the importance of these surveys, as they provide vital insights and potentially avert legal complications.
How Much Does A Survey Cost In NY?
La determinación del costo de un levantamiento de tierras depende de varios factores, incluyendo el precio del terreno, el tamaño de la propiedad y su ubicación. En promedio, un levantamiento básico cuesta entre $200 y $700, siendo $500 la cifra común. Sin embargo, los costos pueden incrementarse a más de $1, 000 para terrenos más grandes. El costo estimado para los hogares varía de $800 a $5, 500, dependiendo del tamaño y el terreno a evaluar, y en Nueva York, el costo promedio de un levantamiento de límites es de aproximadamente $925.
Las tarifas para los levantamientos se calculan de forma individual, con una variabilidad que puede oscilar entre $375 y $25, 000, y un promedio de $2, 300. Los levantamientos en la ciudad de Nueva York tienden a costar menos de $1, 000. En Long Island, las tarifas rondan entre $300. En general, es probable que un levantamiento básico oscile entre $250 y $800, con un promedio nacional de $550. Para un terreno de 4 acres en Nueva York, el costo fue de $3, 000, dividido entre $1, 700 para el levantamiento de límites y $1, 300 para el mapeo de contornos.
How Much Time Should A Survey Take?
The ideal survey length is 10-14 minutes, with respondents typically willing to answer 7-10 questions. This "Goldilocks zone" ensures optimal feedback and completion rates. Research indicates that participants spend just over a minute answering the first question (including reading introductions) and about five minutes overall for a 10-question survey. Aaron Platshon from Tap Research suggests, "Eight minutes is the new ten minutes," emphasizing the need for shorter surveys to boost engagement.
Hubspot's survey found that most customers prefer survey lengths between 10-14 minutes. Best practices recommend keeping survey completion times under 10 minutes, especially for customer satisfaction inquiries, where brevity is key. On average, it takes about 7. 5 seconds to answer a survey question, allowing for eight simple questions to be posed in one minute. However, complex questions require more time, and surveys exceeding 15 minutes are likely to experience higher dropout rates.
It's crucial to focus the survey on specific goals and communicate expected completion times to respondents. To summarize, aim for a survey length of 5 to 15 minutes, prioritizing clarity and engagement while keeping questions relevant to the objectives. This approach will help in attaining quality responses and maintaining participant interest.
When Should I Get A Property Survey?
A property survey is a detailed inspection that maps and measures a land's boundaries, structures, and features, essential for defining property lines and protecting rights. The survey typically consists of a map illustrating the property's boundaries and a written report detailing the surveyor's findings. It is crucial in various scenarios, especially when planning to build new structures like pools or accessory dwelling units (ADUs), or during the home-buying process.
Understanding the precise dimensions and boundary lines can help avoid legal disputes. Many real estate professionals recommend obtaining a survey when selling a home, making significant landscaping changes, or constructing fences.
Most states require surveys when building a new home, with topographical surveys helping to determine the optimal placement of structures. Although property surveys may not be legally mandatory for all purchases, they can reveal potential issues and clarify ownership rights, making them valuable for buyers and sellers alike. While the time required for a property survey can vary, from several days to a week, timely action can alleviate future complications.
Conducting a survey can also be important for title insurance policies, safeguarding against boundary disputes. Ultimately, a property survey is a fundamental step in real estate transactions, ensuring a comprehensive understanding of property ownership.
📹 How to Read a Property Survey I House Survey I What is a Property Survey I What is a Survey
Hi there! I am an Architect and Urban Planner. In this video I will explain how to read a Property Survey. I will be using an example …
Your voice is very soothing Kyle. I’m binge perusal your articles. Im a first time home buyer, pre approved for $400k but man, I don’t expect how tough the competition was buying house here in Washington state😩. There’s a lot of buyer due to low mortgage rates but not much house in the market, driving multiple offers for a house, about $20-40k above asking price .
I’m going to echo Adam a bit in that I am an appraiser, and this article is a great 30,000 foot view of an appraisal. However there are a few things I feel should be mentioned. 1. A one mile radius works great in Urban markets, but in more suburban to rural markets distances will increase greatly. 2. Replacement Cost Estimate is the Cost Approach to an appraiser, and is GREAT in residential markets IF the appraiser actually knows how to produce one. 3. I will only provide the appraisal to the borrower IF the lender tells me to in writing. Otherwise, it’s the lenders job to get the appraisal to the borrower. Overall, great article.
I found your articles very informative. I do want to add that now… 2 years after this article… a lot has changed in the appraisal profession. Increasingly appraisers are being restricted from doing independent appraisals by the GSE’s. WHAT? Yes… appraisers have to back into generally accepted GSE guidelines in order to not raise red flags… that means staying conservative, not giving listings weight in final value, making sure line, net and gross adjustments are within the 10%/15%/25% “best practices” – as they are not “guidelines” yet everyone uses them – including state board investigators. Then there’s the CU system. Appraisals better fit that and not raise any red flags. The result… a very UN-independent process where price increases are not generally tolerated by CU or GSE’s and where appraisals are forced to conform to pre-determined price ranges and ratios. And to think that the last crash appraisers were blamed for high appraisals. Appraisers can only report what is going on in the market – they do not control the market. Yet, blame is already being placed on appraisers. The GSE are now pushing the desktop appraisals with 3rd parties doing the inspections YET the appraiser has all the liability. They really do hate appraisers.
Thank you so much for putting this information. I am about to make an offer as a home buyer. Question: If the appraisal price fell short of an accepted offer price, and the seller does not want to lower the listing price, would I be able to back out of the deal, getting the full refund of earnest money?
Update- right now here in Arizona appraisers are not entering homes, they are just doing drive-by appraisals. Also, how does the appraiser fairly take into consideration what the proposed sale price of the home while factoring the appraised value? Surely the lender discloses the sales contract to the appraiser. It’s discouraging knowing the appraiser is working for the lender and surely this affects their decision making.
Currently under contract now… my realtor told me that the house was appraised at 4k more than purchase price. Then he said the underwriter may have an issue in regards to some external rot on the wooden siding. He said we could fix it quickly and have it appraised again. Now I’m confused… isn’t the underwriter just looking to make sure the appraisal came in at or above the sale price? Sound right to you?
I am waiting on the appraisal step right now. I offered $5k over the asking price with a $2k appraisal gap. I just wanted to note that not all types of loans will let you offer an appraisal gap, according to my lender. I’m glad mine does, because I didn’t know to ask about it. Also, my appraisal fee is $650. That seems a little high, especially for a house under 1,300 sq ft… in Mississippi. I was wondering if my lender could have price-shopped that a little more. Not sure how that works, and I’m too shy to ask at this point. Thanks for the info!
I have a house that needs refinancing. It’s gotta be worth over 85k it’s a cabin style on 2 acres. Things that worry me about appraisal. We are in the middle of remodeling. We inherited the home. We took out the old cabinets and right now have crappy ones, they work but there’s no countertop. The walls and ceiling and floor aren’t done. We have the materials sitting around as we slowly work on it. This week we put up part of the ceiling, it’s a very different design with wood paneling that’s going to take a while. The home doesn’t have any major issues. We need to finish the walls, we have them up and they need putty and paint etc. We’re only financing 30k. Im wondering your opinion on this.
How do appraisals work if the seller is “Selling As Is”. We found our dream home a few weeks ago and this is the case with the seller. I am worried that since we will be first time home buyers that we will lose the home due to it being sold as-is. The home was used as a rental property and the renters did a number on the house and that is why they are selling it as is. PS love your articles they have been a wealth of knowledge for us as we try and move forward with the home buying process.
theres a triplex that I want to buy but I know for a fact its not worth what they are asking should I still offer what they are asking and when the appraiser comes out and comes in low can I back out the deal or renegotiate the deal ?? I know ill loose my money on the appraiser but will it be worth it ? its a nice triplex but the guy who owns it bought it in 2018 for 365k he only put new windows into the property and now in 2020 only two years later he’s selling it for 575k ! Im from California its a hot market where I’m at but the comps my realtor pulled up are not supporting the price
Hey thanks for the content. I have a question on how to proceed. Currently my father is in charge of the mortgage and I saw he has a high int. Rate and we’re going to refinance with a lower rate. HOWEVER, my concern is about the appraisal. We plan on fixing the house but aren’t sure to do this before the appraisal as we may end up having to pay more for the house. Should we wait to do the home remodeling after the appraisal?
Question: so a FHA appraisal came to a full value but the same house did 14,000 lowe in a VA. Anyway I was play by my listing agent, I was play again by this same listing agent. Yes, got fired. Denied knowledge of whom the appraisal was on the FHA. Both stick for 6 month, but why a FHA comes to value but not a VA?
Can they use my supposed sales priced they doubled my appraisal based on that, iwas told someone called in or disclosed my sales priced, know in arbitration, but all the other properties around still have the original value, i think there trying to get me first then get them on the bases of my sales price
Your 1 mile point isn’t really correct, you are supposed to be looking at the market for prospective buyers. While that could be a small neighborhood of similar homes, it could also be as large as an entire state for a specialty property. In rural areas a one mile radius would not work, and it wouldn’t be right to limit yourself to one mile even if the housing density is high. You have to ask yourself if a potential buyer would realistically limit themselves to a 1 mile area. The answer to that is most likely no.
Appraisers are supposed to be licensed. I paid for an appraisal on a refinance only for tax purposes. The lender ordered it but said it would of been waived. loan to value 250k on a 650k home. The first thing that was strange is now the lender is holding up closing because of length of time for the appraisal? I paid 650.00 for the appraisal and there was several errors like missing a 3 car garage for a 2 car and a walk out basement. They only listed 3 comps one several miles away. There are 2500 homes in my HOA in hot market all less than a mile similar plans. I feel they compromised the job because they were rushed and it would have no impact on the loan being approved. What is my recourse?
I just refinanced and had an appraisal today that was sent by my lender. Initially they did it when the house was empty and it was valued 23,000 over what we paid…my question is, is it normal for the apraiser to take photographs of everything? Our bedrooms etc? That’s all he did was walk around and take pictures of the room’s, it didn’t seem right to me. Is this normal?
For a new home, we do not know the exact date of closing yet. It will be at least 6mo from now. My lender who has provided us the preapproval say that we have to pay the appraisal fee now t keep our loan application active. We have not finalized the final lender yet as we were planning to do loan shopping once close to our closing date in next 6mo. Is this a federal requirement to pay appraisal fee upfront to keep loan application active even if we do not have any idea of closing date. I would really appreciate your expert opinion. Thnak you
You say that the appraisal isn’t an inspection, but then say that a major focus is on health and safety (including items that would need to be fixed before sale), which are code-related issues. That’s not their purview. Appraisers aren’t generally in a position to assess code violations. They’re just supposed to estimate what price will be reflected in the market.
Hi Kyle, my wife and I are refinancing our house and lowering our mortgage term from 20 to 15 year. The interest rates are so low that we can drop 5 years off our term and our monthly payments will actually be a little lower than what they are now. Problem we are having is we had to get an appraisal done and it came back lower then we thought it would. We were hoping it would appraise higher then it did to take the PMI off as well. We are not that far off from where we need to be. What are some things we can do to challenge the appraisal? The lady we are financing with said to find some comps that would support our claim that the appraisal should have been higher. We’ve been in talks with our realtor and she is helping with finding comps but what other things can we do to challenge the low appraisal? Thanks
I can tell you what I do as an appraiser on getting an assignment. I read through the contract of sale looking for any special terms or conditions that would make the property more or less valuable. And I will comment on any items that are not standard to a contract. Items like furniture, cars, boats, a home based business or other intangibles such as a property associated with a vacation rental property such a linen, cookware, the web site and good will for a going concern business. These portable/chattel and intangibles and are to be excluded in the appraisal. The lender just wants the land and improvements valued. Next I review the property’s past sales history and comment on how the market has changed since the property was last purchased or over the last few purchases. Then I will look at the median for similar properties in the last 90 days and see how the current offer falls within the range of similar properties. I will also look at the last sale of a similar property that occurred on the street and how market prices have changed since that purchase. Then I will look at the Sales to Assessment Ratio (SAR) for all properties in the area and comment on the subject property and its assessed value relates to the SAR. Only after doing all the above will I begin to select comparable sales in order to present a sample of the market that in my judgement captures the peculiarities of the property being appraised. Then I will reconcile all of this information taken from the market place to formulate a market value range that the property falls within.
Hey man great content like always, quick question i had my refi appraisal done today. When I bought my townhome in 2018 my Square feet was 1692. So he shoes up and says i dont need to measure the sqfeet I already have it. I asked what was the number he got and he said 1652! Then he asks if i had something different i said yes 1692 from when i bought initially purchased it. He said something about the stairs don’t count? Two story townhouse. He told me not to worry about it but thats like $3600 for those 40 sqft! Any suggestions/comments?
Just watched another RE’s article after viewing yours just now. Her’s is also about 1 yr old. SHE states in her article, titled “if appraisal comes in lower…”. My question is, she stated that some lenders will just add the appraisal cost and can be paid at closing. I understand lenders’ may offer different choices. But the one thing she says that caught my attention is that the appraisal cost will be credited back to the buyer at closing. You don’t mention this in your article. Maybe it’s an oversight or again maybe some lenders will do it this way. Your article makes it seem as the appraisal cost is money paid by the buyer out of pocket and that’s final. Any clarification is appreciated. But these articles are over 1 yr old, so I understand if changes have occured. Really appreciate your content. peace, e.
Thank you for this article! i have a question. i almost got the house, but because of this crazy market time, we bid over the offer price about $25.000. after that, the seller agent asked my agent if we willing to pay if the home doesnt appraise? they said we have to pay the different price of this bid, $25.000. is it normal like that?
Our appraisal is in a couple days. The problem (Or not) is that the house we are under contract with is very unique as it sits in a very historical location, close to a major university. However, there are no comps within a mile that have 6 bedrooms & 2.5 bathrooms on 4 levels. It also sits on one of 2, side by side lots that are used as one extra big lot. All the other homes are single or 2 story, 2 bedroom 1bath or, 3 bedrooms 1 bath (possibly & 1/2 or 2 in a very few) and sell for $120,000 to $160,000. So my question is simply this: “How can this unique home be appraised fairly?”
Consumers are NOT properly educated on how a good ethical appraisal protects them. There is an in-humane amount of pressure from lenders and realtors on appraisers that it’s more likely you have a shady appraisal if it DID come in at the contract-price. There is SO much more to an accurate appraisal than explained here. Appraisers are muzzled as the profession has been over-regulated and politicized. Hire an appraiser yourself ahead of hiring your realtor or involving a lender and THAT will give you the best shot at an accurate value. Price does not automatically equal value and NAR is such a big force, that good appraisers are leaving the business because they are black-mailed to “hit the number” rather than give an accurate, market supported value. It’s not just a random opinion, consumers are being misled and blindly following realtors who demonize any appraiser that doesn’t say “oh yes it’s definitely worth whatever your super smart realtor says it’s worth”.