Non Occupancy Permit - Condemned House
In the process of considering buying a house that is in the middle of a divorce. However, both parties have agreed to sale at a price that I can agree upon.
The problem I may have is the condition of the property.
The house was moved about 10 miles and put on piers. I know that when you move a house you should notify potential sellers. I hear that moving a house in common place in beach towns. However, when the moved the house the permits were pulled but due to a divorce the permits were never fully passed. I called the permit inspector, he mentioned all the permits would have to need to be pulled again. Until that time the property does not have an occupancy permit.
Has anyone dealt with a house that did not have a occupancy permit?
Has anyone ever purchased a house that was moved then put on piers? How does a house move affect price. I was thinking I could get a engineer to certify the piers and move.
I would be getting this house for 35% of low conservative comps. If it was a house that had not been moved I would not be a leery. I usually buy huge project houses so the amount of work in not an issue.
Would like to hear about your experiences or suggestions.