Home Buying in Brookfield>Question Details

Cats, Home Buyer in Brookfield, WI

Is it common in Brookfield for people not to pull permits to renovate or finish their basement? For a buyer, is this a deal breaker?

Asked by Cats, Brookfield, WI Sat Jun 1, 2013

Help the community by answering this question:


Let's just say it's not uncommon in Brookfield or elsewhere. Pulling permits requires a fee and inspections which are hassles that homeowners would rather not deal with.

As far as being a deal breaker, that is up to each individual buyer. If it is not a deal breaker to you now, it may be a deal breaker to the person who may want to buy it from you in the future. In that scenario, you would be paying for the permits the current owner should have paid for.

You can ask for the permits up front in the offer (Seller has X days after acceptance/prior to closing to provide permits for all work done to [wherever there was work done]) or, put the same language into an amendment after the home inspection. The seller would then have to apply for permits, pay the fees, have the building inspector in then fix anything the building inspector doesn't like.

Best of luck.
0 votes Thank Flag Link Sat Jun 1, 2013
thanks for answering....Jeffrey and Jeff. I greatly appreciate your prompt replies.
0 votes Thank Flag Link Sat Jun 1, 2013
It is bad practice in any community to not puill building permits to finish a basement. Owner risks fines and having to remove the finishing tp expose elecrical, plumbing, vapor barrier, etc. for inspection approval. Owner may not have a problem while owning the property. However, at time of sale any smart listing agent will want to see the building permits, picture of the detail during construction etc. in order to gain the full value of the renovation at time of the sale for the seller. Especially if the owner did the majority of the work.
Paid receipts, lien waivers for contractiosr work helps expedite clearing title.
Key is code compliance.
For a buyer, the lending bank will likely want to know this too. If not - their appraisor.

Frank Pearce, Broker Associate, Realty Executives-Integrity, Brookfileld
0 votes Thank Flag Link Sat Jun 1, 2013
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