[UCGal]

Here’s a thread that deals specifically with unpermitted additions and how it affects the appraisal from a few months ago.

http://piggington.com/how_do_lenders_deal_with_houses_with_unpermitted_additions

With the recent change in the appraisal process (as discussed on that thread) appraisers *may* be paying closer attention to discrepancies between what the tax rolls call out for # of beds, # baths, and total sf.

It could be that the additions have already been condemned – in which case factor in the work it will take to undo/demo the addition.

[UCGal]

Here’s a thread that deals specifically with unpermitted additions and how it affects the appraisal from a few months ago.

http://piggington.com/how_do_lenders_deal_with_houses_with_unpermitted_additions

With the recent change in the appraisal process (as discussed on that thread) appraisers *may* be paying closer attention to discrepancies between what the tax rolls call out for # of beds, # baths, and total sf.

It could be that the additions have already been condemned – in which case factor in the work it will take to undo/demo the addition.

[UCGal]

Here’s a thread that deals specifically with unpermitted additions and how it affects the appraisal from a few months ago.

http://piggington.com/how_do_lenders_deal_with_houses_with_unpermitted_additions

With the recent change in the appraisal process (as discussed on that thread) appraisers *may* be paying closer attention to discrepancies between what the tax rolls call out for # of beds, # baths, and total sf.

It could be that the additions have already been condemned – in which case factor in the work it will take to undo/demo the addition.

[UCGal]

In theory, the governing authority (city or county – depending on your location) can have you take out/tear down the unpermitted stuff. Or they can have you pay for inspections to them and require you to do the work to bring it up to code.

Lots of unpermitted work out there – if it was done to code and zoning rules you might be able to keep the unpermitted additions.

[UCGal]

In theory, the governing authority (city or county – depending on your location) can have you take out/tear down the unpermitted stuff. Or they can have you pay for inspections to them and require you to do the work to bring it up to code.

Lots of unpermitted work out there – if it was done to code and zoning rules you might be able to keep the unpermitted additions.

[UCGal]

In theory, the governing authority (city or county – depending on your location) can have you take out/tear down the unpermitted stuff. Or they can have you pay for inspections to them and require you to do the work to bring it up to code.

Lots of unpermitted work out there – if it was done to code and zoning rules you might be able to keep the unpermitted additions.

[UCGal]

In theory, the governing authority (city or county – depending on your location) can have you take out/tear down the unpermitted stuff. Or they can have you pay for inspections to them and require you to do the work to bring it up to code.

Lots of unpermitted work out there – if it was done to code and zoning rules you might be able to keep the unpermitted additions.

[UCGal]

In theory, the governing authority (city or county – depending on your location) can have you take out/tear down the unpermitted stuff. Or they can have you pay for inspections to them and require you to do the work to bring it up to code.

Lots of unpermitted work out there – if it was done to code and zoning rules you might be able to keep the unpermitted additions.

[UCGal]

Just a word of warning – I got a letter that looked VERY official that said I was being reassessed and stated what the new value was.

It was bogus. My big clue is that I’ve got obscenely low, prop 13 locked in, tax rates – so I’m not a good candidate for reassessment.

Seriously – though – this letter looked very official and governmenty… but in reading the very small (microscopic) print – they were looking for $$ – but it was written as if the $$ they asked for were for the Dec tax payment.

Read those letters carefully and do not send any checks. Pay directly to the county treasurer.

[UCGal]

Just a word of warning – I got a letter that looked VERY official that said I was being reassessed and stated what the new value was.

It was bogus. My big clue is that I’ve got obscenely low, prop 13 locked in, tax rates – so I’m not a good candidate for reassessment.

Seriously – though – this letter looked very official and governmenty… but in reading the very small (microscopic) print – they were looking for $$ – but it was written as if the $$ they asked for were for the Dec tax payment.

Read those letters carefully and do not send any checks. Pay directly to the county treasurer.

[UCGal]

Just a word of warning – I got a letter that looked VERY official that said I was being reassessed and stated what the new value was.

It was bogus. My big clue is that I’ve got obscenely low, prop 13 locked in, tax rates – so I’m not a good candidate for reassessment.

Seriously – though – this letter looked very official and governmenty… but in reading the very small (microscopic) print – they were looking for $$ – but it was written as if the $$ they asked for were for the Dec tax payment.

Read those letters carefully and do not send any checks. Pay directly to the county treasurer.

[UCGal]

Just a word of warning – I got a letter that looked VERY official that said I was being reassessed and stated what the new value was.

It was bogus. My big clue is that I’ve got obscenely low, prop 13 locked in, tax rates – so I’m not a good candidate for reassessment.

Seriously – though – this letter looked very official and governmenty… but in reading the very small (microscopic) print – they were looking for $$ – but it was written as if the $$ they asked for were for the Dec tax payment.

Read those letters carefully and do not send any checks. Pay directly to the county treasurer.

[UCGal]

Just a word of warning – I got a letter that looked VERY official that said I was being reassessed and stated what the new value was.

It was bogus. My big clue is that I’ve got obscenely low, prop 13 locked in, tax rates – so I’m not a good candidate for reassessment.

Seriously – though – this letter looked very official and governmenty… but in reading the very small (microscopic) print – they were looking for $$ – but it was written as if the $$ they asked for were for the Dec tax payment.

Read those letters carefully and do not send any checks. Pay directly to the county treasurer.

[UCGal]

My immediate ‘hood has a few listings – and branching out to the greater hood (the south part of my zip) there are even more.

Many of these are “wishing” prices though. And they’re not selling. There’s one around the corner from my house that I really don’t get… Easily $150k over market value. Been listed for over 2 months and no price drops. It’s literally the talk of the neighborhood because no one can believe how much they’re asking.

The stuff that is priced appropriately seems to be selling.

[UCGal]

My immediate ‘hood has a few listings – and branching out to the greater hood (the south part of my zip) there are even more.

Many of these are “wishing” prices though. And they’re not selling. There’s one around the corner from my house that I really don’t get… Easily $150k over market value. Been listed for over 2 months and no price drops. It’s literally the talk of the neighborhood because no one can believe how much they’re asking.

The stuff that is priced appropriately seems to be selling.

[Author]

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