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Just curious to Jeff's response: "you can require the seller to remedy all deficiencies as a contingency to the offer and if they don't comply you can walk away." As per buyer's statement, sellers already disclosed construction without permits so curious as to why you would still 'require' sellers to repair it? I could be wrong, but neither party is obligated to pay even with lenders required repair. Also, if the repairs are 5% variance of sales price, buyers can walk. (sec 7e-f of res contract). I could be wrong, but I thought everything is negotiable.
Could be absolutely nothing or you could be required to demolish the addition...seen it happen both ways. When you look at what the City of Austin requires permits on, you'll realize that most homes have had work accomplished without permits. A lot will depend on the area and type of addition.
You could be in for a costly renovation to make things legal. If you make an offer, put in a contingency for an inspection. (Never buy a home without an inspection, no matter what!) Ensure that you point out this specific disclosure to the inspector beforehand so he/she can pull permits and see exactly what kind of violations exist. If there are issues, you can require the seller to remedy all deficiencies as a contingency to the offer and if they don't comply you can walk away. Consult an attorney for any more specific questions, but I personally wouldn't want any legal issues hanging over my head as the Buyer's agent or especially the consumer. Good luck!Jeff MetcalfWatson Realty Corp.
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