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Mortgage Inspection Surveys: What is it?
These surveys are typically used by title companies and mortgage lenders to obtain proof that the major improvements on the property are free of encroachments onto neighboring properties or into recorded easements. Mortgage surveys do not establish property corners or property lines and may not be used for building purposes.
Mortgage Inspection Surveys: Who Needs it?
Homeowners, prospective home buyers, real estate/mortgage companies, legal entities representing property owners