Verrry Ineresting…thank you both so much for that info.
I guess my question, now, is more general – how on earth did these places get sold previously with no/inadquate permits?
Was this another symptom of ‘irrational exuberance’ in the housing market?
Was everyone so desperate to buy that they just ‘ignored’ the extra sq footage , in order to ‘buy now before you’re priced out’, or ‘get in quick, before you’re outbidded’?
I can understand a seller not wanting to declare it, as they’d incur Property Tax, but how on earth did they sell it on?
Would a buyer not just move on to the next house on thier list once the additions were shown not to be ‘proper, “Seller’s Market” or not’?
