Be SURE the Home You Purchase Has the Necessary Permits on File – BEFORE You Buy
All serious prospective buyers should check seller permits pertaining to any room or home additions/renovations as part of their due diligence when checking out a home.
Cities, especially those who are currently low in revenue, are seriously cracking down on non-permitted work. The current owners, not the previous owners who actually did the work or had it done illegally, are the ones who these cities are penalizing. Non-permitted room additions, kitchen remodels and garage conversions are but a few items that can come back and bite an unsuspecting buyer.
A good agent, home inspector or appraiser should be able to spot such work which was not previously permitted. The first giveaway is if the actual square footage is higher than the documented square footage in the tax assessor records. If you unknowingly purchase a home that has had this work done illegally, you will be responsible for bringing the work up to code and paying for the permitting.
Other Charlotte Home Buyer Tips:
How to select your Charlotte home buying representative
How to be a Savvy Charlotte home buyer
3 Reasons You Need An Agent When Buying a Home That’s For-Sale-By-Owner
Beware of online inaccuracies when gathering data on your Charlotte home purchase
Building a nest egg with Charlotte real estate investments
Where ARE the 50% off homes for sale in Charlotte?
How to assist your adult child purchase property in Charlotte NC
Charlotte NC home buyers – Get your own representation!
Charlotte Home Buyers 10-Step Buying Process:
Step 1: Develop a plan
Step 2: Select a Realtor®
Step 3: Get that loan pre-approval
Step 4: Let’s go shopping!
Step 5: Making an Offer
Step 6: Finalizing your financing
Step 7: Let’s talk inspections!
Step 8: The devil is in the details
Step 9: The walk-through
Step 10: It’s time to nest!