Smith-Roberts National Corporation Offering Real Estate Due Diligence Services

Online, August 26, 2012 (Newswire.com) - Now more than ever, buyers and lenders involved in a commercial real estate transaction need to complete a thorough property due diligence report prior to purchasing. Smart investors today are considering the ALTA Land Title Survey a very important property due diligence tool. To use the commercial real estate property as planned, it is critical that the purchaser finds out about all current and future use restrictions. One important component of commercial property due diligence research is an ALTA Survey. Title companies almost always require an ALTA Land Title Survey. An ALTA survey is a comprehensive survey of the existing property in "as-is" condition. Some of the information the survey includes is:

• Easements that may encumber or benefit the property
• Possible encroachments across boundary lines or easements
• Access to a public street or lack thereof
• Zoning of the property along with setback requirements
• Flood zones that may affect the subject property
• Evidence of any use by other parties
• Location of any water boundaries on the subject property
• Evidence of cemeteries
• Names of adjoining property owners

As experts in commercial real estate due diligence, we always recommend that buyers of the following types of property spend the time and resources needed for a complete property research before making a "go/no go" decision
• Commercial Office Buildings
• Hotels and Motels
• Industrial Manufacturing
• Multi-Family Complexes
• Retail Shopping Centers
• Wind and Solar Energy Farms
• Data Centers
• Apartment Complexes
• and other types of commercial real estate

Smith-Roberts.com was formed in 1981 to meet the specific survey needs of clients who are working on multi-site, multi-state real estate transactions. We understand how to address issues that are important to borrowers, lenders and title companies such as easement, access and cross-access, utilities, encroachments, and gaps and overlaps in boundaries. Once we identify a problem, the client is notified so that there can be a resolution before the due diligence period expires.

SRN is currently assisting an array of companies with multi-site and multi-state roles in the commercial real estate transaction:
• Title Companies
• Law Firms
• Corporate Clients
• Real Estate Investment Trusts (REIT)
• National Lenders
• Closing Services
• Due Diligence Companies

Smith-Roberts National Corporation (SRN) coordination services include:
• ALTA/ACSM Land Title Survey Coordination
• Land Survey Consulting
• Custom Surveys (designed for specific projects)
• Flood Zone Determinations
• Elevation Certificates
• Zoning Reports and Analysis from our sister company, PZR.com

About Smith-Roberts:
Incorporated in 1981, Smith-Roberts National Corporation is a nationwide leader in the Land Survey industry with exceptional service, timely deliveries and reasonable fees. Smith-Roberts National Corp. is a nationwide ALTA Land Survey coordinator and the originator of the DesignReady Survey®.
The professional team of SRN is a land survey coordination firm that specializes in coordinating Land Title Surveys for multi-site, multi-state real estate transactions for nationwide clients.

For more information please visit http://www.smith-roberts.com
Or call Cliff Stout, PLS at (800) 411-2010
100 N.E. 5th Street
Oklahoma City, Oklahoma 73104
Email: [email protected]