How do we determine a property's value and clearance?
December 29, 2014 7:27 AM Subscribe
My friend is inheriting a house and some land in Connecticut. There was some confusion about property lines and some chatter re: possible "restrictions" on developing the land, so they got a new property survey. There is a note on it "Rights, restrictions, encumbrances, covenants, easements, etc., as per the record may appear" Question- 1. How do they know the property is clear (if that is the right word)? 2. How to determine the current market valuation? Start w/ an Appraisal and Home Inspection? 3. Is the survey deductible? Any other thoughts are welcome.