Unpermitted Work Completed
There is an REO I have under contract and still within my inspection period. I went down to city hall and discovered the additions on the home are unpermitted and violate setback rules. I cannot obtain variances since the issues were self imposed by the previous owners.
If I demo the additions, it would bring the home back to a 2/1 which is highly undesirable in this neighborhood.
If I leave the additions, how does the buyers bank (when I sell), view the unpermitted additions? Will they typically not fund it?