Mortgage Surveys

Purchasing a new home is an exciting endeavor. It’s a chance for a fresh start, an opportunity to put down roots in a building that could offer comfortable habitation for many years – but the fact of the matter is that these transactions don’t always progress as happily and seamlessly as you’d expect. Sometimes, prospective home buyers find unexpected faults once they’ve signed the papers, and at times, these issues can go unnoticed for long spells of time. This is, in part, at least, because many prospective home buyers do not think it’s worthwhile carrying out a property survey. But the truth is the opposite – for only a little extra cash, you can have an extensive mortgage survey completed on the property, and uncover anything that might be problematic before you’re committed to the property. At Susquehanna Surveying and Mapping, we’ve been providing mortgage surveys for our customers for many years now, and we’re more than confident that we can meet your needs in this case. For some further insights into how this service works, read on below.

What are Mortgage Surveys?

For most people, the likelihood is that they’ll need a mortgage to complete a home purchase – these buildings are expensive, after all. Mortgage lenders want to know that the money they’re lending you is being spent on a property that is equal in value to the loan – that way, if you default on the loan, they are covered. To assess this, they have mortgage valuations carried out on the property, but this is only for the benefit of the lender. With a mortgage survey, you can uncover everything present to determine if there are any potential issues. Armed with this information, it’s possible you can lower the price, and the amount required by your mortgage.

Accurate Evaluations

As mentioned previously, people do not always have a comprehensive understanding of the properties that they’re purchasing. Sometimes, faults are hidden from view, only rearing their heads when the purchase has already gone through. A mortgage survey is deeply insightful, ensuring that you will always have a complete understanding of the property that you’re purchasing. The financial implications of attaining this knowledge are highly significant.

No-Lose Scenario

When you decide to have a mortgage survey completed, you do so knowing that you can’t lose. If the survey doesn’t find anything amiss, you can feel confidence that you’re buying a property in the condition you expected. If we are able to find issues, you have a bargaining chip that you can use to lower the price of the property – or, at a minimum, you can have the repairs completed as part of the transactional agreement.

Insightful Meticulousness

One of the main reasons that we’re considered such an excellent service choice for the Harrisburg, PA community is that we’re highly meticulous by nature. We ferret out even the smallest issues to ensure that you have all the knowledge required to make an informed purchase. Rest assured, we’ll leave no stone unturned.