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Edwin Pawlowski
 
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Default Any risk in buying a house with finished basement without permit -Please advise


"Tony Hwang" wrote in message
news:ymxsb.377958$pl3.271758@pd7tw3no...

Insurance company may care if they know about it when fire broke out.
Tony


Possibly if there were code violations that caused the fire. If the entire
house is destroyed, they'd never know anyway. When is the last time your
house was inspected by an insurance company?
Every 10 years the tax assessor makes a visit. Add a bathroom, pay more
taxes because the value went up. No on ever asked about permits though.
They just want the revenue. This year the evaluation was done over the
phone.
Ed