Several government-backed lending programs can help first-time home buyers purchase a home with little money down. FHA, USDA, and VA loans are options for qualifying borrowers, though many conventional mortgage lenders will lower down payment rates to as low as 3 percent.
Depending on the type of land survey, the report will mark the boundaries of your property, the topographical changes of the landscape, as well as major natural and added structures to the plot. A more detailed survey, like an as-built survey, will note the measurements of the structures and landscape following major construction. A topographic survey will also help your contractor determine the cost of land development projects.
Land surveying can help give clear guidance on your property boundaries for numerous situations. And in some cases, having your land surveyed is a requirement. Some common reasons to have your land surveyed include:
Planning for construction projects, like building a fence
Locating utilities, such as plumbing fixtures
Settling property line disputes
Creating subdivisions
Meeting mortgage requirements
Selling your property
A few different types of land surveys can help determine certain features and boundaries of your property. These include:
Boundary surveys describe the actual borders of a property. These are generally required when trying to get construction permits issued.
Location surveys provide much of the same information as a boundary survey but also include in-depth information about any improvements made to your property.
Mortgage location surveys are usually required by lenders and title companies before financing or offering an insurance policy.
Site-planning surveys are done before applying for building permits and can be issued before any major home improvements.
Topographic surveys provide a formal map of land elevations. It can also describe the location and size of natural features and any land improvements.
Prior to excavation, you should prepare the dig site and call 311 before you sign anything.
To get your site ready for excavation, you should move anything in the area that isn’t affixed to the land. You can save money on the excavation by removing hardscaping, including walkways, decks, concrete patios, and paver patios.
Before you carry out any digging, you should call 311 to confirm that there are no utility lines running through your excavation site. Skipping this step could lead to severe injury and property damage if your excavator hits a water, sewage, or gas line.
The Amboy, MN homeowners’ guide to land surveying services
From average costs to expert advice, get all the answers you need to get your job done.
If you've just been told that you need a land survey to continue your project, what time of land survey do you really need? Here are eight main options.
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