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re: Adding a room to a house without getting a permit
Posted on 1/21/24 at 11:48 am to lepdagod
Posted on 1/21/24 at 11:48 am to lepdagod
I’m a Texas attorney from Winnsboro, LA, but I have a friend that practices in Winnsboro and Monroe that I can connect you with. If I was handling this in Texas, I would advise the seller to simply disclose the non-permitted addition in the MLS and seller disclosure. Whoever is saying that it doesn’t count towards the property’s value or prevents the property from being sold has done a terrible job of advising you/your uncle and should not be listened to anymore. A property is ultimately worth what someone is willing to pay for it, and if a financed purchase, what an appraiser states it is worth, which usually ends up at or near the contract price. If the seller discloses the non-permitted addition and a buyer still wants to purchase it at the price the seller is asking, there should be no problems as long as your uncle doesn’t walk up to the appraiser during the appraisal and say hey we didn’t permit this addition.
Posted on 1/21/24 at 12:01 pm to ETXSully
The uncle is very, very fortunate that he was turned down for section 8 vouchers. My son got trapped in that for a rental that lasted 5 months and wound up with 58 thousand dollars worth of damage that the section 8 folks said tough .
Posted on 1/21/24 at 12:50 pm to ETXSully
quote:
A property is ultimately worth what someone is willing to pay for it, and if a financed purchase, what an appraiser states it is worth, which usually ends up at or near the contract price. If the seller discloses the non-permitted addition and a buyer still wants to purchase it at the price the seller is asking, there should be no problems as long as your uncle doesn’t walk up to the appraiser during the appraisal and say hey we didn’t permit this addition.
Yep, and probably is trying to sell without the disclosure and claim extra usable space. Also could be an active citation/permit case with the City on the property for the illegal addition or something else. Also is the addition up to building code, if not that's a huge flag.
Owner could sell tomorrow for the right price, my guess is the actual sell price is going to be way less than what he wants unless he cleans up everything before selling.
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