You are here:

Buying or Selling a Home/selling no stormwater permit

Advertisement


Question
Hello, we bought our home 2 yrs ago, it is falling apart.The builder,realtor,and closing attorney were in this together.The attorney and realtor are married.The builder stays at their house he is from out of town. I found today that the builder never obtained a stormwater permit to build the development,also the attorney no longer practices.How does this affect the resale of my home?

Answer
As long as you have a Certificate of Occupancy, it probably shouldn't.  But this is more than a Real Estate problem, it's legal and government problem and beyond my scope. First off if your development has a POA or HOA, you should take this up with them since it affects all homeowners.  Next see a reputable Attorney on how this affects you personally to make sure I'm right about the CO.  

Buying or Selling a Home

All Answers


Answers by Expert:


Ask Experts

Volunteer


Sharon Huneycutt, Realtor, Associate Broker, GRI, e-PRO

Expertise

A lot of people who want to move to the mountains don't really realize what it might involve. For instance, here in North Georgia, if you want a mountain view, you may have to drive up very steep roads. Will you have well water (That's usually good!)? Do you speak septic tanks? Have you considered that if you want really want to get away from it all, you'll do it on a gravel road? What's difference between a Log home and a Log Sided home? How can I tell? Who takes care of the house when you're not there? Where can you stay to check it out? This is a very popular area for second homes and investment properties or when you finally decide to get way from it all, I can find your perfect property. I can answer questions on North Georgia Mountain living, housing, land, amenities, and activities. We handle a lot of foreclosed properties in our office so I have become a Certified REO Specialist. REO means Real Estate Owned and is the industry name for a Foreclosure. It refers to "owned by a bank or other corporate entity". If it involves an area of expertise I don't have, I can probably tell you what kind of an expert you do need.

Experience

We've had property in the Ellijay area for over 10 years. My husband, who is a Civil Engineer and Appraiser, and I built our own log home. We researched log homes and North Georgia for three years before choosing Ellijay. Because of the building experience and being married to an engineer/appraiser, my real estate experience is a bit more extensive than average. I also am an education freak believing that the more you know, the better off you are. My husband and I both like photography, so we drive and hike all over the mountains looking for pictures.

Education/Credentials
MHA, CMA, Licensed Realtor, Associate Broker, e-PRO, GRI, Certified REO Specialist. Realtors are required to have 24 hours of continuing education every 4 years. In the last three years, I have 180 hours so far!

©2012 About.com, a part of The New York Times Company. All rights reserved.