No building permits obtained

[ZZGAMAZZ]

How Trumpian, many words, no answer

Love that word "Trumpian," kinda like the opposite of "Eqalitarian." Let's ask Ayn Rand what she thinks about all men being equal...

 

[Mark K]

How Trumpian...

I'll take that as a compliment.

Or I could be like Biden and have my Easter Bunny pull me away when someone asks a question. LOL!

 

[Carnivore]

I just inspected an 70 year old house, bought cheap, extensively remodeled including installation of a mini split system and the addition of an additional bath. The mini split system is inadequate, the water pressure is low and other noticeable improper work. I have verified that no permits were obtained. I am calling for an HVAC and plumbing inspection. Do I mention the lack of building permits and municipal inspections or do I require a permit to be obtained? I want to deliver the report ASAP. This is a conventional loan. Thanks

interesting assignment. I read through all the comments and Sputman seemed to give you the answer or more importantly what to do.

"Trumpian..." You lost me.

I have a question. The answer should clear up what you should do.

What did your engagement letter say? This is really important. You see a "Conventional Loan" assignment can be complex. Hmmm

A. Purchase, refi, Distress Asset etc ????

Is this AS-IS?

If it is unclear then I have a 2nd Question: Did you call your Client and inform them of your initial findings? If you did what did they say?

I did not go back through all your comments because you got defensive.

Thats my 2 cents. I'm done

Oh wait one more thing You Said " I want to deliver the report ASAP"

Sorry Charlie ASAP is not the best road to take for this subject.

 

[jay trotta]

Always interesting to see how and whether "permits" carry any weight in the many various States noted here and no matter who does the loan, there is a requirement for a "HO Policy" that covers a fire loss, generally personal injury and other perils. Health & Safety in my mind is part of doing work correctly (via permits) to avoid injury(s). Is lead based paint a non-issue also?

BEING COMPETENT An appraiser must determine, prior to agreeing to perform an assignment, that he or she can perform the assignment competently.
Competency requires:
1. the ability to properly identify the problem to be addressed.
2. the knowledge and experience to complete the assignment competently; and
3. recognition of, and compliance with, laws and regulations that apply to the appraiser or to the assignment.

You do you