I recently bought my first home in Denver, CO last month (yay!). After I moved in I was talking with the electric company about a utility box on the property, and they gave me documents which showed me 2 previously unknown things:
a survey map indicating that my property line was 8 ft shorter than the county Assessor’s map showed (shrinking my lot by a sixth of the total area) an easement agreement with that electric company that covered a portion of my remaining land.
I contacted a surveyor on my own who agreed with the electric company’s map. I then contacted the Denver Assessor’s office, and they agreed that their public map was in error and that they would make a correction to shrink my lot. Based on the assessed value of the land, that’s about a $40k hit to my property value, and more like $50k if you go off the purchase appraisal rather than the assessment.
I intend to file a claim with my title insurance for these oversights, but this is a significant chunk of money so I want to solidify my odds that I’ll get a return out of it. Should I get a real estate attorney to help me file the claims? If so, how do I go about finding one? Google? I’m not familiar which of the ‘trusted reviews’ sites for lawyers aren’t totally bogus. My relator and my attorney friends didn’t have any connections that had experience with these sorts of issues.
To be completely honest, I’m not clear exactly who has what interests at stake here. Are my mortgage provider and title company on my side, or on the side of the title insurance company in not wanting a claim paid out? Or are they impartial observers at this point?