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Do I need a survey to buy a house? There's lots of little expenses when

you're buying a house and they definitely start to add up. One of the

things that people want to know is do I really need to spend the money on a

survey when I'm buying a house. The average cost for a survey on a typical

size lot in the Cary area is $450. It's a lot of money. In today's video, I'm

going to tell you why you absolutely do need to get a survey, some really scary

things that can happen to you if you don't, with real stories that I have seen

happen to my buyers, and why you definitely need a survey even if you're

buying new construction. So stick around, we're going to talk about it right now.

So today we're gonna talk about surveys. I actually had a recent transaction that

was really interesting. Something happened with the survey that I think is

really important to share with you all. So, I was the buyer's agent and these

buyers did, at my recommendation, get a survey and I'm so glad that they did. So

this survey actually uncovered three different encroachments on the property.

It wasn't actually the boundary line that it was crossing over it was the

setback. There was a 25-foot setback and the deck was a foot and a half past

where it was allowed to be based on where the setback was.

The fence was also encroaching on the setback. It was five feet over the

setback and the third thing was the house. The house was actually encroaching

by a foot and a half on the setback. The house was supposed to be located 25 feet

from the property line and it was only 23 and a half feet from the

property line. So this really could have gone really badly. It ended up going very

very well and that's because a lot of things went in our favor that we had no

control over. But we were very fortunate that they did go in our favor. First of

all there was a private homeowners association. That could have been

a bad thing. In our case it worked in our favor. So in our case

they were very quick to respond and they responded right away and were willing to

sign a document saying they gave us an exception to the

encroachment, which was great. But it could have gone badly, right, because

think about it. If this property or if the president of the HOA who was making

this decision, say he didn't have a good relationship with this homeowner. You

know, if he didn't like the homeowner because the homeowner had always you

parked his car on his grass or something like that, and that irritated him.

He might have just said, you know what? We're not going to give you an exception.

We don't want to make this easy for you. In that case he would have been trying

to hurt the seller but in the same process it would have really hurt my

buyer. My buyer would not have wanted to proceed to closing with a property

that had the house encroaching on the property line and somebody had the power to

tell him to move his house a foot and a half, they wouldn't have wanted to close

on a property like that. But they had already put thousands of dollars into

all of the inspections and deposits and things like this so a situation that

we had no control over could have gone very badly. Fortunately, it did not.

Another way that it could have gone down, it could have been a large corporation

that managed the homeowners association. In that case they could have taken a

long time to respond to our request. No large corporation is going to sign a

legal document waiving their right to the encroachment if

they haven't spoken with their attorneys. That could have taken time and money and

in a real estate transaction you generally don't have a lot of time

because these contracts are time-sensitive and if you don't close

within a certain time you lose your right to close. So of

course this came up right at the end it took a long time to get the survey, so we

were out of time. Fortunately it all ended well but the real question here is

how did the house end up encroaching on the setback in the first place? This is

what happened. The the sellers of the home purchased

it back in the 90s when it was new construction. They were the only owners

that had ever owned the property. Usually when you buy a new construction home the

builder will give you a lot survey. The lot survey is done before the house is

actually sitting on the property so it doesn't tell you about any encroachments

it just tells you where the property lines are. A lot of people when

they buy new construction they really want to cut costs and they trust the

Builder and they don't want to pay for a survey because it's

expensive and a survey was just done why do I need to do it [again]? This is a great

reason why. Once the house is set on the lot if you do a survey after that you

can discover if it is encroaching on any setbacks or property lines. So you always

always always do a survey whether you're buying new construction or existing home

you always do a survey. I hope that was helpful for you

thanks for watching and don't forget to click the link to subscribe have a great

day

For more infomation >> Buying a House: Do I need a Survey when buying a house? - Duration: 5:27.

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이제는 말할 수 있다 I Need to Confess - Duration: 6:26.

I call my friend Taehyun 'Kenny' in this channel.

So will I.

But in this video, let me talk about a story between me and Taehyun.

In my high school, I was more interested in writing and talking about my idea rather than Korean tests.

There was a little gathering among students who liked this kind of things.

And I met Taehyun there.

Ah, it's cute.

Taehyun had a experience of living in the US.

And he seemed like he was used to it.

Among many friends, I felt I had many things in common with him.

Like we both liked singing,

and both of us were calm, though it was a different kind.

Hi.

Oh, hi.

I've never been this nervous meeting up with people.

I was the most nervous ever since I met Beenzino back in my high school.

He is Wonmo.

Hello.

He's a friend of Kenny the King.

(Kenny's friend talks about Kenny the King)

Kenny the King?

Yeah Kenny the King.

We lived in the same dorm in our high school, so we were together.

After we graduated, did you know I tried to be a musician?

Originally, I wanted to do music, so I lived with Kenny in Geondae.

We were dreaming the 2nd 'Jazzy Fact' with Taehyun being the beat-maker,

and me being a rapper.

That was what we were trying.

But Taehyun is so lazy.

For real.

Don't cut this out.

I always works hard for the next goal,

but Taehyun is always relaxed like a cat.

The ambition of doing music together was broken down,

and, in fact, he told me he didn't want to live with me.

Funny thing is, he moved to a studio that was 5-minute-long by walk.

So, I stopped doing music with Kenny,

and lived in Geondae for a while.

And I got totally separated with Taehyun as I went traveling the world.

What?

When I found out Kenny was doing music, I was in the army,

and we weren't keeping in touch.

'Musician' was something I saw only in TV,

and I was shocked that one of us could actually be that.

And I started to feel uncomfortable.

I didn't know where that feeling was coming from tho.