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  #1  
Old 07/23/06, 10:32 PM
Red Devil TN's Avatar  
Join Date: Feb 2006
Location: TN
Posts: 266
Hey Pyrnad...

Since every thread is getting deleted instead of locked I figure I need to make a thread just for this bit of 'advice' (and this is a GOOD example for everyone else looking to buy property):

Quote:
Originally Posted by Red Devil TN
Pyrnad, this is something to keep in mind, particularly in light of all the 'dig up their septic field' drivel... er 'advice' you've gotten:
You said the barn used to be part of their property some years ago before being split off and sold to you. Was the septic put in before that split by the owner who sold it to you? If so there is a good chance it may get to stay. Additionally, their deed may be in error in some way (which may taint yours too, it can get really messy). Maybe the parcel transfer is not reflected in their description? Maybe there is just a gross error on theirs (or yours)?
As an example, my current deed has one leg of the property listed as 962 feet instead of 692 feet. I did my own title search before we bought it as it did not close to the description's size. I found it's been like that since the parcel was originally split from the main property back in the 70's on the original deed!! It was overlooked by -at least- three surveyors from what I could find and I can only guess at how many lawyers and title auditors. Granted, I did my homework by pulling deeds from every parcel two deep from mine and went back to the original split off... anyway...
I just pulled the 'advice' part out of the rest of the post so the BBS Police don't get all offended again.
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  #2  
Old 07/23/06, 10:37 PM
seedspreader's Avatar
AFKA ZealYouthGuy
 
Join Date: Oct 2004
Location: NW Pa./NY Border.
Posts: 11,453
Quote:
Originally Posted by Red Devil TN
Since every thread is getting deleted instead of locked I figure I need to make a thread just for this bit of 'advice' (and this is a GOOD example for everyone else looking to buy property):



I just pulled the 'advice' part out of the rest of the post so the BBS Police don't get all offended again.
And a perfect example of title search and title insurance protection that is needed.

It just gives you another leg to stand on...
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  #3  
Old 07/23/06, 10:43 PM
Red Devil TN's Avatar  
Join Date: Feb 2006
Location: TN
Posts: 266
The sad part is I told the title examiner and the bank of the error and he and they still signed off on the deed! The assessor even confirmed it in writing before the purchase! I've been waiting since Jan. for the surveyor to come out.
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  #4  
Old 07/23/06, 10:53 PM
AppleJackCreek
 
Join Date: Aug 2005
Location: near Edmonton AB
Posts: 3,717
So, Red Devil, what does it mean for you ... do you own more or less than you thought you did?

What a hassle. I'm so glad that my land was surveyed for subdivision just before I bought it - the surveyor's stakes are still in the ground and easy to see.
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  #5  
Old 07/23/06, 11:03 PM
Red Devil TN's Avatar  
Join Date: Feb 2006
Location: TN
Posts: 266
No, no more land, nor a real hassle, I knew ahead of time the correct dimensions. It would have meant a good bit more if angled in to the other side, but the way the property is cut, well, the dimension is patently in error. It would make no sense when laid out, nor relationally to the other properties. In fact all my markers are still out there except the two that mark that leg. lol!
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  #6  
Old 07/25/06, 05:45 AM
 
Join Date: Feb 2006
Location: WI
Posts: 1,910
Just bumping this back up
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