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Started By
Message
Permitting question- we may have unknowingly screwed up
Posted on 7/23/14 at 11:08 am
Posted on 7/23/14 at 11:08 am
So here's the deal- we are in EBR. Have a house we have lived in for several years. House has a screened porch in back. We decide to create a sunroom in the space. Hire a contractor and the work gets done.
We are now looking to refinance. The appraiser comes out and starts asking about the permits for the room. I honestly assumed they weren't needed because the screened porch already existed and the contractor never mentioned permits. Not even a wink-wink we can just do this without permits.
How screwed are we now? What is the process for a retroactive permit? How much is this going to cost me now?
Crap.
We are now looking to refinance. The appraiser comes out and starts asking about the permits for the room. I honestly assumed they weren't needed because the screened porch already existed and the contractor never mentioned permits. Not even a wink-wink we can just do this without permits.
How screwed are we now? What is the process for a retroactive permit? How much is this going to cost me now?
Crap.
3
Posted on 7/23/14 at 11:44 am to BR Tiger
Has your first child been born yet?
Posted on 7/23/14 at 12:02 pm to white perch
And the second. Should I have them draw straws tonight to see who gets to go live with Kip?
The good news is it's really one wall about 20' long and a doorway. The existing screened porch was already walled in on 3 sides.
The good news is it's really one wall about 20' long and a doorway. The existing screened porch was already walled in on 3 sides.
Posted on 7/23/14 at 2:18 pm to BR Tiger
Why would an appraiser care about the permit. Just appraise the damn property fairly. I'm sick of stories of appraisers thinking they are some kind of magical creature.
Posted on 7/23/14 at 2:46 pm to Motorboat
quote:
Why would an appraiser care about the permit. Just appraise the damn property fairly. I'm sick of stories of appraisers thinking they are some kind of magical creature
I don't know about Louisiana, but in some states or municipalities you cannot list or include in an appraisal space that was added to a house without proper permits, this was done to discourage building and remodeling without proper permits. Where this is the law, the first thing a appraiser usually does is pull the permits for the address and see if they match what is found at the property.
Posted on 7/23/14 at 4:13 pm to Motorboat
Well...if the addition wasn't built to code it would likely have an impact to the market value of the home...or no?
That damn appraiser...asking all his questions.
That damn appraiser...asking all his questions.
Posted on 7/24/14 at 9:17 am to Tiger4Ever
quote:
I'm sick of stories of appraisers thinking they are some kind of magical creature.
^^^^^^^^^^^^^^^
Posted on 7/25/14 at 8:03 am to BR Tiger
As far as living in the home, you aren't. The issue is you told him about the addition and you want him to consider it in the value. If he mentions it, FHA wants to know about it, because they do not want a new buyer having issues in the future. They just want them to pay the note, not repair the house. On a refi, not a huge deal unless you need it for value. However, your deal with this lender is pretty well shot unless he doesn't mention it. Some lenders may even check permits. It really depends on what company and type of loan you want.
Posted on 7/25/14 at 5:49 pm to tiger94gop
Just to close the circle on this. All went well. Got the assessment report. Mentioned the upgrade and determined due to the nature of the work a permit wasn't necessary after talking with the contractor who explained the scope of the work.
Assessed value came in above where we needed, but a little below what we were hoping. Still, all is good for now.
Assessed value came in above where we needed, but a little below what we were hoping. Still, all is good for now.
Posted on 7/26/14 at 5:24 pm to BR Tiger
My parents did almost this same thing. Extended the wall another few feet, though.
The room looks amazing (a tad better than the other rooms even). we assumed the assessor probably wouldn't ask for a permit, but even if they did, wouldn't the worst case scenario mean you just couldn't include it in the square footage of the house (thought it should be an added value to buyers)?
The room looks amazing (a tad better than the other rooms even). we assumed the assessor probably wouldn't ask for a permit, but even if they did, wouldn't the worst case scenario mean you just couldn't include it in the square footage of the house (thought it should be an added value to buyers)?
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