Lic. RE Broker
Leader Properties Inc.
The statement of "buying a home without a C of O" could mean a few things, as in you are responsible and you have to pay for it, what is necessary to get the C of O could cost a lot of money..
You could step into a money pit.
Some more due diligence on the area and the requirements are necessary.. That Realtor should have a little more inforamtion reagrding this other that it needs some TLC..
Broker / manager
Orange Key Realty
Make having a C of O, a condition of your offer, ( since the agent told you all renovations were done to code this shouldn't be a problem) Speak to your attorney prior to going into contract and get his advice. If all renovations were done to code there should be filings with the DOB on inspections done as the job progressed. Check for fines or penalties for violations on open applications. There are more questions than answers on this one. I suggest you do your homework.
To best answer this questions may I ask a few questions:
When was the house built?
What renovations were done?
Have you done a home (Engineer) inspection?
And what in the home requires TLC? (Is it carpeting,wall paper, aesthetics)
If you can answer these questions you can get better advice on what to do with this home.
A little working smart and a little research can help you figure this whole situation out. Two hours of research can save you a year of headache.
Jack Gillis, M.B.A., J.D.
Jack Gillis Realty Advisors
Nathan Grace Real Estate, Broker
5619 Dyer Street | Suite 100
Dallas, TX 75206
I would suggest you find a buyers' agent since your realtor is working for the seller and not you.