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Rehabbing & House Flipping

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Justin S.
  • Residential Real Estate Agent
  • Chandler, AZ
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Unpermitted Work Completed

Justin S.
  • Residential Real Estate Agent
  • Chandler, AZ
Posted Aug 29 2011, 19:12

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?

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