When you’re preparing to sell your house, renovations can make it more marketable. However, depending on who does the work and whether they obtained permits, you could face some challenges. Selling a house with unpermitted work can be difficult.
Have you been searching for ways to “sell my house fast in Wichita, KS?” Learn more from the real estate experts regarding legal compliance with disclosure requirements.
Why Selling a Home After Unpermitted Repairs Is Challenging
If you or the previous owner made improvements to the house that occurred without a permit, selling it can be more difficult.
Disclosing the Work
You must disclose the work that occurred without permits or that resulted in permit violations. You have to be transparent with potential buyers, or you could have legal complications.
Negotiating Becomes Tougher
The buyer negotiation process might not go your way once the buyer knows that some remodeling and home repair processes do not have permits. Buyers might offer you far less money for the property than you want knowing that you might struggle to sell the home.
If you made a major, unpermitted improvement, buyers might want to exclude this upgrade from the offer. For example, if you redid the basement without permits, buyers might tell you they do not see any value in this upgrade.
You Might Try To Obtain Permits Retroactively
In some cases, you might be able to seek permits retroactively. Explain the situation to your local building department and request a retroactive permit. You might need to hire inspectors and contractors to verify the quality and legality of the work.
If the inspectors find the work is not up to code, you might have to tear everything out and start over. When you’re trying to sell the home, going through a major renovation could delay the sale by months. It will also be costly to redo the renovations, eating into any profits you’ll receive from selling the home.
You Can Choose To Sell the House As-Is
If you believe disclosing that you’re selling a house with unpermitted work will be too difficult, you have an option. You could sell the house as-is, meaning you are not guaranteeing anything about the home.
You still have some legal obligations regarding disclosures to potential buyers. Some banks might not give buyers mortgage loans when they’re buying an as-is home. Selling as-is can still be challenging, but using certain types of buyers can help you simplify the process.
We Are Ready To Buy Homes in Any Condition
Selling a house with unpermitted work can feel like a significant challenge. At Professional Home Buyers, we remove the challenges because we buy homes regardless of condition. We give you the option of an as-is sale that doesn’t require a home inspection.
With some other cash buyers, you may not be able to ask the buyer questions. However, when you rely on Professional Home Buyers, we are completely open and honest about our processes. To learn more, call us today at (316) 202-1628.