Don't Forget To Get Permits Closed: Homes For Sale: Homes For Rent

A recent article in the Sun-Sentinel reminded me of one of the first questions I asked one of my latest clients in the sale of their home.  The article's title was "Expired Permits Rampant-- Thousands of Home Sales Delayed."

When I looked over the home in order to get a sense of value and how to market the home, I realized there was some work that had been done to the home.  It seemed like there was an addition in the back among other things.  When I saw this, one of the first things I asked was whether the permits were closed-- reason being, I didn't want to have a problem when we were at the end of the sales process.

According to the Sun-Sentinel, there are thousands of open and expired construction permits in Palm Beach and Broward counties.  Doug Sheedy, code compliance chief for Boca Raton was quoted as saying, "it's important for us safety-wise to know what's going with the permits."  The safety factor means home additions, enclosures, electrical wiring, new roofs, etc. need to be certified as safe through inspection.

If the work that was done did not have proper permits or closed permits, it could delay the closing of the sale of a home and cost the seller money to get the proper inspections done prior to closing on the home sale.  According to the Sun-Sentinel article, most real estate contracts now put the onus for resolving open or expired permits on buyers.  The article goes on to say insurers and mortgage holders will not overlook any imperfection in home titles.

Toward the end of the process of buying a home, the title company will run checks for permits.  An expired or still open permit could delay a closing for months.  Sellers need to be aware of this issue and be sure to check that any work permits were properly taken care of.

As a local Realtor, I am aware of the trends in the US market as well as in many of the communities in which I specialize. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty