Once again I was reminded this morning that home buyers are having a difficult time receiving accurate information from their real estate agents regarding tagged homes on foreclosures. Many Macomb County communities now have in place an inspection of foreclosure homes by the building departments before you will be issued a certificate of occupancy. Without that certificate of occupancy you are not allowed to legally occupy the home, even if you have purchased it.
Please please PLEASE: If you have an exclusive buyers agent insist that the agent contact the city or township building department to ask if a certificate of occupancy and the resulting inspection is needed on the home you wish to purchase.
Do this before you submit your offer to purchase. If the inspection & certificate is necessary you can order this and have it taken care of during your home inspection process and ask for an extension to the inspection deadline that is in your purchase agreement. If the city inspection turns up items that they insist on being repaired and/or replaced you will have the opportunity to back out of your purchase if you so choose.
~Kris Wales~ A partner for your real estate needs in Macomb County MI
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1 response so far ↓
1 Teri Eckholm // Aug 6, 2010 at 11:38 am
Hi Kris!
So sad for a homebuyer to have potentially thousands in repairs before they can even move in!
Good information!
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