What Lenders Look for in an ALTA Survey
A commercial loan file usually includes an ALTA survey. Before funds move, the lender’s team checks that survey against the title work and the loan terms. Below is what that review tends to focus on, and why each piece matters to the people signing off on the loan. A Survey That Matches the Current Title […]
What Happens When an ALTA Survey Finds a Problem
A surveyor kneels at the back corner of a commercial lot with a metal detector. He finds an iron pipe eight inches from where the fence sits. That eight inches can stall a multimillion-dollar closing for weeks. This happens more often than most buyers expect. An ALTA survey doesn’t just draw lines. It digs into […]
ALTA Survey vs. Standard Boundary Survey: Which One Does Your Property Need?
The real decision driver isn’t the size of your lot or how much detail you want. It’s what a third party, your lender, your title insurer, or the buyer’s attorney, is going to demand before they’ll sign off. Guess wrong on a deal, and you could lose weeks waiting on a new survey while your […]