[WSBARP] discrepancy between Property Appraiser and Property

[nestor at pplsweb.com]

It is "Schrodinger's cat" applied to real estate. Rhetorically speaking,
does he or does he not go to the city? 

 

 

Nestor Gorfinkel, Attorney at Law

Licensed in Washington & Florida

Florida Civil-Law (International) Notary

 

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From: wsbarp-bounces at lists.wsbarppt.com
<mailto:wsbarp-bounces at lists.wsbarppt.com>
<wsbarp-bounces at lists.wsbarppt.com
<mailto:wsbarp-bounces at lists.wsbarppt.com> > On Behalf Of Kary Krismer
Sent: Saturday, June 2, 2018 9:17 AM
To: wsbarp at lists.wsbarppt.com <mailto:wsbarp at lists.wsbarppt.com> 
Subject: Re: [WSBARP] discrepancy between Property Appraiser and Property

 

 One disadvantage to that is they would then know it was unpermitted, and
then have to disclose that as a fact rather than "don't know" on Form 17.

I had an interesting experience with unpermitted work last year.  Despite
applying for permits, the prior owner apparently never had them finalized.
That was over 20 years ago, and the county showed no interest in going out
an inspecting the property, in part because they wouldn't know what code
provisions to apply!

In another case, an eastside city did come out an permit after the fact some
then current owner remodel work, and while some obvious plumbing venting
issues did require being addressed, they let slide some electrical issues,
such as number of outlets on a wall.

Getting back to the OP's question, those sorts of issues are more likely to
be issues for a seller in a more normal market.  For that second situation I
was critical of the appraiser using two short sales as comps when the sale
itself was not a short sale and that area had very few short sales--so
obviously a different market time.

Kary L. Krismer
John L. Scott/KMS Renton 
206 723-2148

On 6/1/2018 2:46 PM, scott at scottgthomaslaw.com
<mailto:scott at scottgthomaslaw.com>  wrote:

Why not walk over to the county or city permit counter, and ask to look at
the file they maintain on the parcel to see if it was permitted?

 

From: wsbarp-bounces at lists.wsbarppt.com
<mailto:wsbarp-bounces at lists.wsbarppt.com>
<mailto:wsbarp-bounces at lists.wsbarppt.com>
<wsbarp-bounces at lists.wsbarppt.com> On Behalf Of nestor at pplsweb.com
<mailto:nestor at pplsweb.com> 
Sent: Friday, June 1, 2018 2:27 PM
To: 'WSBA Real Property Listserv'  <mailto:wsbarp at lists.wsbarppt.com>
<wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] discrepancy between Property Appraiser and Property

 

Happy Friday List Mates.

 

I have a client purchasing a property where the county websites states it's
2.5 baths and the home has 3 baths. If it was done without permits I am
aware that many municipalities would make the new owner pull permits, submit
plans, inspect and then force them to correct any deficiencies. 

 

Is there any other downside to the Buyer to be aware of? Is Buyer obligated
to notify the property appraiser of the discrepancy?

 

Thank you.

 

 

Nestor Gorfinkel, Attorney at Law

Licensed in Washington & Florida

Florida Civil-Law (International) Notary

 

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