Open Permits 101: What Every Florida Homebuyer Should Know

Dealing with open permits in the real estate market can be a bit of a concern for both buyers and sellers, but don't worry, we're here to help you navigate through it! When a property has open permits, it simply means there are some unfinished construction or renovation projects hanging around. Let's take a look at how these open permits might affect your property sale, but remember, there's a solution for each of these challenges:

Legal Compliance:

Open permits are often linked to not meeting local building codes and regulations, which could lead to some legal hiccups if left unattended.

Property Value:

Properties with open permits may seem like a headache to buyers, and this might affect the property's market value. But don't fret; there are ways to address this.

Financing Challenges:

Getting financing for a property with open permits can be a bit tricky, but we've got some strategies to help you out.

Time and Cost:

Sellers may need to invest some time and money in resolving open permits before closing a sale, including hiring contractors, inspections, and possibly paying some fines. It's not as daunting as it sounds!

Disclosure Requirements:

In Florida, it's essential to be transparent about any known defects or issues with a property, including open permits. We'll guide you on how to handle this to avoid any legal trouble.

Here's a step-by-step plan to address open permits:

1. Identify and List: First, let's identify all the open permits associated with your property.
   
   
2. Contact the Local Building Department: It's easy to reach out to the local building department to understand what needs to be done to close these permits properly.
   
   
3. Licensed Contractors: Working with licensed contractors to complete any required work and get those inspections done is sometimes the best route.
   
   
4. Fees and Fines: If there are any outstanding fees or fines related to the permits, please make sure to take care of them.

Final Sign-off:

Make sure to handle all the paperwork and procedures to obtain the final sign-off from the building department and officially close those permits.

If you have any questions or need assistance with open permits in Florida real estate, please don't hesitate to get in touch with Edna Wilson. She's a knowledgeable professional who can provide expert guidance and support throughout the process. You can contact Edna here or give her a call at (321) 536-7185. She's here to make this process as smooth and friendly as possible! 😊