oh no.. Somehow we missed your comment and did not respond timely. We are making sure that we respond to all our viewers. Thank you for watching and commenting :)
Permits don’t guarantee the work was done properly that just means they paid the government its extra share of your money. If you don’t believe me look it up the city inspector takes on no liability even after passing a project
We appreciate you watching and commenting. I do not disagree with you and believe that this varies a lot depending on the city and the state. Where are you located?
I am looking to purchase a property in Memphis. I believe the property (also in a historic district) went through major renovations without building permits (only electrical). I am hoping this may help me get the price down. What are the risks I my encounter as the buyer and new owner? I am trying to get the property ready to sell once fixed up. Thank you
When purchasing a home in a historic district and without permits and approvals, you may be opening a can of worms. You should definitely seek council from an experience General Contractor that has experience in Memphis and with homes in a Historic District. You should also speak to the building department. Best of luck.
Hello @barboliveros Yes is the simple answer. It can be sold. It would need to be disclosed to the buyer. The buyer's ability to obtain financing may be impacted if the City has a violation issued against the property. Feel free to contact us for a more specific discuss on your options stratwell.co/contact/
We appreciate you watching this video and commenting. You may want to consult an attorney to see what can be done. We do not have enough information to properly comment. When working with an agent, it is important to establish, upfront, what services and expectations are. We wish you luck. If you would like some help in sorting out the issue, we are willing to help or point you in the right direction. stratwell.co/contact/
@@kevinortiz7879 yes... You should always hire an inspector. We recommend using inspector that may not be associated with the realtor just because of potential conflict of interest. Word of caution ... Most Inspectors do not check for code violations or city permits. It's important to do your own due diligence as well.
@@kevinortiz7879 We agree. It is always a good idea to get your own inspector. Preferably someone you find independently, has good experience, great reviews and good insurance. It is also important to know what they include in the inspection. Many do not check permit history information.
We just recently purchased a home that we’re finding out has lots of unpermitted work. About 500sqft of it. The bizarre thing is that the assessors office shows all of the updates done, but the building department doesn’t have the permits. Any advice here? Feels like any step in any direction we take can be a bad one.
Thank you for reach out. Unfortunately the appraisers office will update their information and many people ( including agents) believe that this means it is permited. The property appraiser updates the information in order to properly tax the owner, but it does not legalize the unit. At this point it is probably best not alert the municipality of this issue. Perhaps you want to check with a reputable contractor to check and confirm that there are no major safety issues. If/when you decide to do any work, you will want to pull permits and legalize all that you can, without breaking the bank.
So smart. You really know your stuff
oh no.. Somehow we missed your comment and did not respond timely. We are making sure that we respond to all our viewers. Thank you for watching and commenting :)
Permits don’t guarantee the work was done properly that just means they paid the government its extra share of your money. If you don’t believe me look it up the city inspector takes on no liability even after passing a project
We appreciate you watching and commenting. I do not disagree with you and believe that this varies a lot depending on the city and the state. Where are you located?
I am looking to purchase a property in Memphis. I believe the property (also in a historic district) went through major renovations without building permits (only electrical). I am hoping this may help me get the price down. What are the risks I my encounter as the buyer and new owner? I am trying to get the property ready to sell once fixed up. Thank you
When purchasing a home in a historic district and without permits and approvals, you may be opening a can of worms. You should definitely seek council from an experience General Contractor that has experience in Memphis and with homes in a Historic District. You should also speak to the building department. Best of luck.
Can a house be sold at the city finds out that the work was unpermitted? For example, an enclosed garage.
Hello @barboliveros Yes is the simple answer. It can be sold. It would need to be disclosed to the buyer. The buyer's ability to obtain financing may be impacted if the City has a violation issued against the property. Feel free to contact us for a more specific discuss on your options stratwell.co/contact/
Can I sue the realtor since they are the experts for not doing their job right or thats not part of their job?
We appreciate you watching this video and commenting. You may want to consult an attorney to see what can be done. We do not have enough information to properly comment. When working with an agent, it is important to establish, upfront, what services and expectations are. We wish you luck. If you would like some help in sorting out the issue, we are willing to help or point you in the right direction. stratwell.co/contact/
That’s why you get your own inspectors
@@kevinortiz7879 yes... You should always hire an inspector. We recommend using inspector that may not be associated with the realtor just because of potential conflict of interest. Word of caution ... Most Inspectors do not check for code violations or city permits. It's important to do your own due diligence as well.
@@kevinortiz7879 We agree. It is always a good idea to get your own inspector. Preferably someone you find independently, has good experience, great reviews and good insurance. It is also important to know what they include in the inspection. Many do not check permit history information.
We just recently purchased a home that we’re finding out has lots of unpermitted work. About 500sqft of it.
The bizarre thing is that the assessors office shows all of the updates done, but the building department doesn’t have the permits. Any advice here? Feels like any step in any direction we take can be a bad one.
Thank you for reach out. Unfortunately the appraisers office will update their information and many people ( including agents) believe that this means it is permited. The property appraiser updates the information in order to properly tax the owner, but it does not legalize the unit. At this point it is probably best not alert the municipality of this issue. Perhaps you want to check with a reputable contractor to check and confirm that there are no major safety issues. If/when you decide to do any work, you will want to pull permits and legalize all that you can, without breaking the bank.
Buyer beware. Move on to the next property. There’s a lot out there.
Buyer beware is Right! Sometimes moving on to the next property is the best choice.
A permit is a permission from a useless/theiving person to be useful.
Thank you for watching and commenting.