C/O Issue..WWYD?? :(

If the seller did not want to pay for the C/O, and you put an offer on the house ***with the intention of gaining the item*** (shed/pool/gazebo/whatever).....would you pay extra for the c/o to be done?

Or, if the item could be taken down/away/or taken with the seller, would you ask that the price of the house be dropped the difference?

I'm so sad...I wanted this item so badly & figured the CO was in place. It's not. Seller does not want to pay for it, and neither do I...(saving every penny for my wood floors I want)....seller said they'd take it with them, but I put an offer in under the impression that this had a CO...the item is worth around 5 grand. Should I ask 5 grand off the house now?

Re: C/O Issue..WWYD?? :(

Friend of mine bought a house last year
No C/O for the deck
They bought the house anyway knowing there was no C/O for the deck and they realize in the event they sell the house they will need to either get a C/O or tear down the deck...

I don't know if that helps you...

Re: C/O Issue..WWYD?? :(

What is the item? I am curious what item would require a C/O, yet is portable enough for the sellers to take with them.

Hot tub?

Re: C/O Issue..WWYD?? :(

Re: C/O Issue..WWYD?? :(

We walked away from a house that didn't have a CO on a garage conversion. Too much hassle to be honest...

I think it depends on what the item is. If it's important to you, and the item is worth more than the CO, pay for the CO. Hope that makes sense. If it's like a garage conversion I just worried it wasn't put in by a licensed contractor and if left can be a hazard (electrical work, etc.). If we paid for the CO what if it wasn't up to code and we'd have to pay to upgrade. I hope your item is something you can work around and you can get your house.

Re: C/O Issue..WWYD?? :(

Posted by rileysmama

Posted by ave1024

What is the item? I am curious what item would require a C/O, yet is portable enough for the sellers to take with them.

Hot tub?

a huge gazebo with a jacuzzi..

I came up in my offer during the negotiating process, figuring, "well..I AM getting a gazebo with jacuzzi." And now if I am not, I'd like the price to go down a little.

Re: C/O Issue..WWYD?? :(

Why even get the C/O? I personally wouldn't bother and see what happens. But that's just me. If the town wants to say something, let them say it.

Re: C/O Issue..WWYD?? :(

Posted by clwp

Posted by rileysmama

Posted by ave1024

What is the item? I am curious what item would require a C/O, yet is portable enough for the sellers to take with them.

Hot tub?

a huge gazebo with a jacuzzi..

I came up in my offer during the negotiating process, figuring, "well..I AM getting a gazebo with jacuzzi." And now if I am not, I'd like the price to go down a little.

Would they take a lower offer? That's what I would do, go back and say "my original offer was based on the assumption that there was a CO, now that there is not, this is my new price..."

Re: C/O Issue..WWYD?? :(

Re: C/O Issue..WWYD?? :(

Posted by rileysmama

That's my thinking, too.... but I figure when they come in to inspect it/appraise it, won't they see it and want to see a C/O?


And then, if they did want a C/O, my taxes can be raised.

I mean, it'd be great if they didn't mention it at all...I plan on being in the home for a good 30+ years...and I would get the C/O eventually...just not right now.

I try to do things "by the book" , but it sure is annoying sometimes!!

Re: C/O Issue..WWYD?? :(

I wouldnt worry about it for something so small - if it comes up during appraisal then maybe worryy

Re: C/O Issue..WWYD?? :(

Posted by ave1024

Posted by rileysmama

That's my thinking, too.... but I figure when they come in to inspect it/appraise it, won't they see it and want to see a C/O?


And then, if they did want a C/O, my taxes can be raised.

I mean, it'd be great if they didn't mention it at all...I plan on being in the home for a good 30+ years...and I would get the C/O eventually...just not right now.

I try to do things "by the book" , but it sure is annoying sometimes!!

Not all appraisers and banks look for a C/O. Especially for "portable" structures.

Your taxes can get raised with getting the C/O, but isn't that something you would need to deal with anyways if you planned on getting the permit?

Re: C/O Issue..WWYD?? :(

Posted by rileysmama

Posted by ave1024

Posted by rileysmama

That's my thinking, too.... but I figure when they come in to inspect it/appraise it, won't they see it and want to see a C/O?


And then, if they did want a C/O, my taxes can be raised.

I mean, it'd be great if they didn't mention it at all...I plan on being in the home for a good 30+ years...and I would get the C/O eventually...just not right now.

I try to do things "by the book" , but it sure is annoying sometimes!!

Not all appraisers and banks look for a C/O. Especially for "portable" structures.

Your taxes can get raised with getting the C/O, but isn't that something you would need to deal with anyways if you planned on getting the permit?

Yes, I just didn't want them right away if I could avoid it. That's why I was willing to have it taken away as long as price went down, KWIM?

Re: C/O Issue..WWYD?? :(

We backed out of a contract b/c the sellers never received CO's for a ton of house work. The taxes, the headaches,etc.

Why wouldn't the seller just obtain them from the beginning?? B/c its a PITA, so why should the potential new buyer inheret someone elses problems??

Re: C/O Issue..WWYD?? :(

I would asbolutely expect to lower the price if you are going to get the item you factored in when you bid.

Re: C/O Issue..WWYD?? :(

Re: C/O Issue..WWYD?? :(

Re: C/O Issue..WWYD?? :(

Neither the appraiser nor the inspector will be telling the town about your jacuzzi. It just depends on whether your lender looks further into it. As an appraiser, I've never had a bank ask for a CO on a hot tub - I wouldn't even mention it in the report since its not considered a permanent structure.

Re: C/O Issue..WWYD?? :(

It could become a problem with the mortgage if it remains without a CO. Its the gazebo more than the hot tub that could be a problem.

Message edited 5/11/2010 8:49:27 AM.

Re: C/O Issue..WWYD?? :(

are you sure the gazebo needs a CO? Each town has different requirements on what actually needs a CO.

I know Town of Babylon has rules for sheds and decks and if they are under a certain size you wouldn't need one.

So double check before you get nuts trying to figure out a price or whether to keep it.

Re: C/O Issue..WWYD?? :(

Do you really think they are planning to take the gazebo/jacuzzi? Maybe they are bluffing.

Re: C/O Issue..WWYD?? :(

Posted by ave1024

Posted by rileysmama

That's my thinking, too.... but I figure when they come in to inspect it/appraise it, won't they see it and want to see a C/O?


And then, if they did want a C/O, my taxes can be raised.

I mean, it'd be great if they didn't mention it at all...I plan on being in the home for a good 30+ years...and I would get the C/O eventually...just not right now.

I try to do things "by the book" , but it sure is annoying sometimes!!

Not all appraisers and banks look for a C/O. Especially for "portable" structures.

Your taxes can get raised with getting the C/O, but isn't that something you would need to deal with anyways if you planned on getting the permit?

Re: C/O Issue..WWYD?? :(

Posted by Salason

Posted by ave1024

Posted by rileysmama

That's my thinking, too.... but I figure when they come in to inspect it/appraise it, won't they see it and want to see a C/O?


And then, if they did want a C/O, my taxes can be raised.

I mean, it'd be great if they didn't mention it at all...I plan on being in the home for a good 30+ years...and I would get the C/O eventually...just not right now.

I try to do things "by the book" , but it sure is annoying sometimes!!

Not all appraisers and banks look for a C/O. Especially for "portable" structures.

Your taxes can get raised with getting the C/O, but isn't that something you would need to deal with anyways if you planned on getting the permit?

I agree with this. We had something that techincally required a CO but the bank didnt require it. We still had $5k knocked off the price to compensate for the cost of "legalizing" it if we needed to.

Re: C/O Issue..WWYD?? :(

I would definitely look into your specific town requirements. If they say a CO is needed, I would definitely start negoiating the price.

And like a PP said, your biggest obstacle might be the bank - they may not allow you to close if they deem that a CO is needed and there isn't one.

Re: C/O Issue..WWYD?? :(

I bought a house missing 2 CO's--my loan came from Chase, my house appraised for more than I paid, and the CO's NEVER came up again.

I doubt it'll come up.