Hitch a ride with @cantflip and have him foot the bill. 
Possible new homestead
- Thread starter monaco75
- Start date
Can't go to Carlisle??
Just remember, you can always sleep in your car, but you can't drive your house.
Just remember, you can always sleep in your car, but you can't drive your house.
Outstanding purchase, it looks like a perfect place to live and play with your cars. Speaking from experience, always use a lawyer to close land deals, make sure the lot boundaries are properly surveyed and make sure your insurance coverage covers both your old house and your new one. Don't drop the old house coverage until you are completely moved and the old house gets resold.
Lot survey is huge and if incorrect can cause major problems. My son-in-law bought a bank repro about 10 years ago and assumed the bank would know the properly boundaries. The previous owner installed a backyard pool which it turned out was half on city land. My son-in-law decided to do some landscaping and when he applied for a permit the error was discovered. In the end he was forced to buy the extra land and fork over $40K.
So just watch the details and you will be in great shape!!
Lot survey is huge and if incorrect can cause major problems. My son-in-law bought a bank repro about 10 years ago and assumed the bank would know the properly boundaries. The previous owner installed a backyard pool which it turned out was half on city land. My son-in-law decided to do some landscaping and when he applied for a permit the error was discovered. In the end he was forced to buy the extra land and fork over $40K.
So just watch the details and you will be in great shape!!
monaco75
Senior Member
Although very true, life has to take precedence every once in a while, unfortunately lol.
Luckily we are renting where we are at now. For us we just pick up and leave. No stuff to deal with, which is nice. I’ll have to check in on the surveys. The place has been there for a while (since ‘83) and seems to have been fenced in the whole time. I don’t think we should have any problems, but is something to keep in mind.
monaco75
Senior Member
Was just looking into this.
Garage was built in 2016, and is 41x30 on paperwork.
commando1
Old Man with a Hat
When you finance a new house, the lender automatically does a lot survey.
Well, not them, technically. They make you pay for it.
Well, not them, technically. They make you pay for it.
65Fury440
Senior Member
That is so cool!
Hope all goes smooth for you guys.
I have a feeling you will put the whole shop to use. No matter how big the barn, it always gets used.
Hope all goes smooth for you guys.
I have a feeling you will put the whole shop to use. No matter how big the barn, it always gets used.
I think it is a jurisdictional thing. Here in Calgary you can't perform a title transfer without a document called a Real Property Report. This a detailed survey of the lot and the placement of all structures as well as showing any easements for utilities etc. It has to be created by a registered surveyor and can't be older than one year. This has been law for a few years, prior to which land transfers were basically uncontrolled. Bedroom districts around Calgary each have their own rules. I've bought and sold a fair amount of real estate over the years and I've seen some real horror stories. In one case the house foundation encroached 6" into the adjacent property. A legal battle enriched a couple of lawyer's before the court ordered the house demolished.
Always know exactly what you are buying is my rule.
300rag
It's Not Going to Shift Itself
If a report was done and approved when I purchase a property, and no changes were made since then, it is ridiculous to have to pay for another one as I sell it. I don't think the house would have moved. That is just BS and cash grab.
Could be, but it catches new decks, out buildings and landscaping projects like swimming pools and hot tubs. All of these change lot coverage. Anything done which required a permit automatically expires the existing real property report. They aren't cheap, the last couple I got were $700 and $850.
72Fury
Senior Member
Surveys are a lender thing in the US. Some do & some don't. A good idea when boundaries are questionable. Around $500 is what I've paid for a residential. The lender will probably have their own survey company and will pad the bill on your closing statement. If they let you do it out of pocket & call who you want, it will be cheaper.
Tell you what Zac, IDK how the rest of your plans will work out... but if you have the time and want to go on the cheap, we can talk.Hitch a ride with @cantflip and have him foot the bill.
As of now, I have booked the Auto Train for me, a car and the pop-up... I will arrive the Monday before the event in Lorton. I booked the trip up only, so far... I haven't decided how I was coming home yet, the squirrel at work (mgr) insisted I take the week after as well. I have time to drive or take the car to Pittsburgh and comeback for August (cheap flights right now)... I just need to figure out if I can do the Ohio event too this year (trying).
Hey! That's a Garage Mahal!
75LandYacht
Yank Tank
I say we start a “Go fund me” page or of sorts for Zac! see if we can get some scratch together to help cover a trip to Carlisle.. 
call it a house warming gift.. thoughts?
call it a house warming gift.. thoughts?
Carmine
Old Man with a Hat
Holy chit! $40k for what was likely landlocked, un-buildable land that the city wasn't collecting any tax dollars and was responsible for maintenance? I hope that includes mineral rights for the oil shale or gold that must be underneath it.
Goodbye pool, and the city better start mowing that lawn "to prevent the spread of noxious weeds".
I've been a party (on the city side) of such land sales and that's typically a $1-to-$1000 deal, and we're happy to be rid of it!
Or let me introduce that city to the principle of...
Adverse possession, sometimes colloquially described as "squatter's rights",[a] is a legal principle that applies when a person who does not have legal title to a piece of property—usually land (real property)—attempts to claim legal ownership based upon a history of possession or occupation of the land without the permission of its legal owner.[1]
In general, a property owner has the right to recover possession of their property from unauthorized possessors through legal action such as ejectment. However, in the Englishcommon law tradition, courts have long ruled that when someone occupies a piece of property without permission and the property's owner does not exercise their right to recover their property for a significant period of time, not only is the original owner prevented from exercising their right to exclude, but an entirely new title to the property springs up in the adverse possessor. In effect, the adverse possessor becomes the property's new owner.[2] Over time, legislatures have created statutes of limitations that specify the length of time that owners have to recover possession of their property from adverse possessors. In the United States, for example, these time limits vary widely between individual states, ranging from as low as five years to as many as 40 years.
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Fratzog
Old Man with a Hat
Late to this thread as usual. Looks like an awesome property. Congratulations Zac.
monaco75
Senior Member
I say we start a “Go fund me” page or of sorts for Zac! see if we can get some scratch together to help cover a trip to Carlisle..
I am touched by the thought, but I could never accept that! Thank you though! lol
All true - but if you want a clean title, you grin and pay!
I don' think there is a bank in the U.S. that will issue a mortgage without a clean title search of the property which includes the site survey.
Carmine
Old Man with a Hat
Agree, but I hope he spoke to a barrister.
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