Before building a new home or improving an existing home, you usually have to get building permits. Building permits are a way for local communities to make some money and to ensure that building projects meet the building code. To get a building permit you have to fill out some paperwork describing what you plan to build and how you plan to build it. If you hire a contractor or builder make sure they’ve gotten all the necessary building permits prior to starting work.
A home buyer asks about holding a seller accountable for not disclosing a missing permit for a studio apartment and for an inaccurate address on the real estate contract. Because the home buyer bought the property five years ago he may have exceed the statute of limitations to sue the seller for not disclosing the probelm. The buyer should contact the title company about the address mistake and a real estate attorney about the permit problem.
When couples divorce sometimes the woman agrees to keep the home rather than lay claim to the man's retirement benefits. But is this a fair trade? It's worth reconsidering trading a home for retirement benefits when the housing market is poor or if the home has home improvement work that wasn't built with building permits or up to code. If one spouse does decide to keep the home, it's important to refinance the property to remove the name of the parting spouse from the mortgage loan.
The good news continues. Housing starts in July, 2007 were 1,381,000, down 6.1 percent from June. The bigger news is that housing starts are down nea...
This condominium buyer wants to convert the basement to make it into a duplex. The basement will be considered a "limited common element" and the home owners will need to apply for permits. There are differences in the way you own a fee interest in a condominium and the way you own a limited common element of a condominium.
What can you do when the property that borders yours is to undergo extensive landscaping changes? Do you have a say in the matter? Even if your local government has approved the landscaping changes you may be able to provide an alternative by suggesting a qualified contractor.
To build a new home your builder has to secure building permits from the local government. It may take a while to obtain building permits because of zoning board concerns or other local issues. To get the builder moving or switch to another builder it helps to go through the original new construction contract with a real estate attorney.
When you're selling your home you may have a prelisting home inspection. Can you get in trouble if your home differs from what your local government has on record? If your home has work on it without the appropriate building permits you need to get that resolved prior to selling.
When you buy a home that's had home improvements made without building permits, it's up to you to rectify that with your local government. In many cases, the local government will allow you to buy the building permits after the fact and consider the work in compliance with the building code. If you discover that the home you want to buy has had work done without building permits, you can stop the closing on the house.
Want to find a good builder? Selecting a good builder is the first step in a new successful new construction project. If you do your homework ahead of time, you should be able to choose a builder who is perfect for your project.