Sellers notified me of unpermitted remodeling work AFTER receiving (and accepting) offer - is this cause for concern?
For context, it’s a 1950’s home in a competitive Northeast market.
Renovations include:
*Converting an outdoor porch into formal dining room (modification of non-load bearing walls only)
*Add-on Bathroom
*Full kitchen renovation
*New washer/dryer mudroom
All renovations were completed to code and done by licensed contractors but no permits were pulled.
Personally, I’m not concerned with the quality of work but I worry that the lack of permits could create issues down the road should I choose to finish the basement or do add-on renovations. I also worry about the impact on re-sale value. My realtor says that unpermitted work generally goes unseen after a decade, I don’t know if this is true or not. The renovations were completed in recent years.
Would love any insight as this is my first home purchase. Thank you!
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source https://www.reddit.com/r/RealEstate/comments/1tpiy8q/sellers_notified_me_of_unpermitted_remodeling/
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