Hello everyone I have some questions about the possible side effects of not having permits done for work.
I bought my house 3 years ago and that same year I lets say "self" installed a new furnace. I know that the work is good but I did not pay the $175 for a permit. Also I have done a lot of light fixture replacements and a few minor plumbing repairs (including replacing a sink).
Now, I am looking to refinance my home and need to have an appraisal done. Any ideas on how these things might effect the appraisal? Will the appraiser care? What side effects would there be if I tried to get the furnace inspected now?
I don't know the answers to these questions, but presumably these "permits" are based on either a state law requirement or a city ordinance, so the penalty for not complying will vary depending on your city and state.
Any ideas on how these things might effect the appraisal?
Most likely they will prevent you from getting the appraisal at all. Usually, if the inspector finds out that it's not permitted, you're going to need to get it permitted before he'll give you an appraisal.
(Note: This knowledge is from watching home repair shows and flip that house style shows on tv. Not from anything I know about law. If it aint patents, I don't know squat. :P)
Your realtor can probably tell you what to expect.
I would say that there is approximately a 0% chance that an appraiser would notice any of the items you mentioned. They primarily look at dimensions/stats, general property condition, and comparable prior sales.
Depending on the quality of the work, an inspector might notice - they like to get in there with their flashlight. But an inspection isn't typically required for a refi.
Your realtor can probably tell you what to expect.
I would say that there is approximately a 0% chance that an appraiser would notice any of the items you mentioned. They primarily look at dimensions/stats, general property condition, and comparable prior sales.
Depending on the quality of the work, an inspector might notice - they like to get in there with their flashlight. But an inspection isn't typically required for a refi.
I would think that you would get in trouble if the furnace install was not up to Building Code. An inspector would have to report that and the lack of permit would get you in trouble. However, if the install really was done properly, there will be no reason to check on 3 year old paperwork.
Yeah, after some more digging I don't think it's going to matter for me. I looked at my appraisal from when I bought the house 3 years ago... the house has a large deck which when I bought it was falling off the posts. In the appraisal it is noted in hand writing that there is a 16'x16' deck. Nothing about the fact the the deck is not properly attached to the house and the posts being at odd angles which tells me appraisers dont look very close at condition.
I bought my house 3 years ago and that same year I lets say "self" installed a new furnace. I know that the work is good but I did not pay the $175 for a permit. Also I have done a lot of light fixture replacements and a few minor plumbing repairs (including replacing a sink).
Now, I am looking to refinance my home and need to have an appraisal done. Any ideas on how these things might effect the appraisal? Will the appraiser care? What side effects would there be if I tried to get the furnace inspected now?
Most likely they will prevent you from getting the appraisal at all. Usually, if the inspector finds out that it's not permitted, you're going to need to get it permitted before he'll give you an appraisal.
(Note: This knowledge is from watching home repair shows and flip that house style shows on tv. Not from anything I know about law. If it aint patents, I don't know squat. :P)
I would say that there is approximately a 0% chance that an appraiser would notice any of the items you mentioned. They primarily look at dimensions/stats, general property condition, and comparable prior sales.
Depending on the quality of the work, an inspector might notice - they like to get in there with their flashlight. But an inspection isn't typically required for a refi.
I would think that you would get in trouble if the furnace install was not up to Building Code. An inspector would have to report that and the lack of permit would get you in trouble. However, if the install really was done properly, there will be no reason to check on 3 year old paperwork.