2007-01-08 02:16:19 · 8 answers · asked by michael m 1 in Business & Finance ➔ Renting & Real Estate
I think you are not asking the correct question. Are you asking if you can move into a newly built home without property inspections? The answer would be absolutely you could but that would not be very wise. The contractor who built the home had to have all the proper permits to complete the home. Property inspections have nothing to do with the loan process. It is possible that some of the people answering this question is confusing a FHA appraisal that could affect a FHA mortgage. Contractors make mistakes and cut corners to save money. A property inspector works for you to find these mistakes and cut corners. This makes you an informed buyer before you buy the house. Spend the money get the inspections.
Good luck.
Michael
2007-01-08 02:48:29 · answer #1 · answered by Bestbank Real Estate 3 · 0⤊ 0⤋
If your purchasing this home from a builder (IE tract home) then NO you may not. The builder can not allow you to take possession of the property until the final city/county building inspections are completed and the certificate of occupancy is issued.
If this is a home that you are having built on your own land then yes you could but you maybe risking fines from the county/city for occupying the property prior to having your certificate issued.
Lastly, some people were correct on the insurance. You most likely have course of construction coverage right now but not 'homeowners' coverage. Course of construction protects you (and the builder) from losses associated with the construction of the structure. Theft of tools/building supplies, injuries of workers etc...
2007-01-08 07:36:01 · answer #2 · answered by Mudisfun 3 · 0⤊ 0⤋
Many recommend just leaving it on all year. My builder did. The argument is that dust, spider webs or what ever will build up over the summer and then require a maintenance call back in the fall. I don't think it uses much energy and doesn't put out any perceptible heat. I have turned mine off during summer but quite frankly haven't thought about it this year nor last year.
2016-05-23 10:05:41 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Moving in is one thing, financing it is another. You can move in if you want, but will need to file the permits in order to stay very long. As for financing it, it will likely be required by any lender to have all permits.
2007-01-08 02:19:36 · answer #4 · answered by flamingojohn 4 · 0⤊ 0⤋
I don't think so. You need a completion certificate, and safety checks on Gas, Electricity.
2007-01-08 02:19:44 · answer #5 · answered by Anonymous · 0⤊ 0⤋
NO! You're not insured without them and if the house falls down you're f*cked.
2007-01-08 02:19:16 · answer #6 · answered by mcfifi 6 · 0⤊ 1⤋
yes if its yours ,but you may have a problem with insurance!!
2007-01-08 02:19:34 · answer #7 · answered by Anonymous · 0⤊ 0⤋
havent you been watching emmerdale???? definately not!
2007-01-08 02:22:27 · answer #8 · answered by sharon f 3 · 0⤊ 0⤋