Investors Inbox

With an influx of investment property Fix & Flip projects and Ground-up construction, surveys are a major document that shouldn’t be taken lightly. In lieu of relying on Seller’s to provide copy of said documentation from their previous purchase, it behooves Buyers to spend a nominal fee (usually a few hundred dollars) to obtain their own instrument primarily for the following reasons; 1) to confirm accuracy of property lot lines and determine if any encroachment(s) were missed in a previous transfer of title and 2) to obtain adequate title insurance coverage in the event encroachment from a neighboring property is discovered and becomes an issue well after the buyer takes possession. For an addititonal fee, consideration for purchasing markers to physically define property lot lines is definitely warranted.

Interesting development projects; gaming and non-gaming alike, w/ economic upside slated for Atlantic City within the next 2 years. Read on for details.

Atlantic City’s Reinvention Rolls On With Start of $100 Million Water Park Project More Family Entertainment, Supermarket Are Part of 2022 Plans