Encroachment Discovery Before Closing

[Westen Newman]

I am supposed to be closing on a property in about two weeks (April 17th). About a week ago the title company messaged me to let me know that they couldn't find a boundary survey for the property but they did find mention of an encroachment (probably my property's fault) and they recommended getting a new survey done ($700 at most). I told my agent to tell the seller to either pay for the survey or find me the relevant documents since I feel as though this is on them (no resolution yet). This is my first property involving land (I'm used to condos) so any advice would be appreciated. Is there anything else I should be doing right now? How worried should I be about an encroachment? What have your experiences been with an encroachment? Thank you in advance for any assistance.

[Westen Newman]

I think this all still counts as part of the inspection/due diligence period so it's relatively simultaneous, it just always happens in my experience that the inspection occurs before the title company finishes their business.

We're probably going to withdraw if they don't resolve this encroachment/boundary issue. There isn't a lot of land to begin with. Six inches to a foot of encroachment would be disastrous. I'll keep everyone posted as to how this works out.