Getting Permits To Repair And Remodel Your Columbus Investment Property


Obtaining a building or remodelling permit can cause untold headaches to the home investor because of the out of pocket cost. When purchasing columbus investment property, you can be assured that there will be a need for some kind of permit. Those who don’t have a permit will be subjected to fines and may be ordered to stop work.

Permits come in different rates and fees without any flat rates for building permits. The price for the building permit is based on 1% of the market value. If the final market value of the home is $200,000, you can expect to pay $2,000 for the building permit. Each city and county will also have different protocols regarding applications, paperwork and proof of ownership required to approve permits for building projects.

Be aware that before you can obtain a building permit you will need to show the proper documentation. Unfortunately, no matter how prepared you think you are, you might not have everything you need. However, the county building department can help you with your application by letting you know what kinds of information you’ll need for that application. Frequently requested items may include: a copy of the house plans or plans of the before and after addition to your wholesale; an application for a building permit; the cash, check or credit card needed to pay for the permit; and a survey of your property.

Even with a building permit, you can expect a visit from the inspector to check over the property for code violations. Having your permits with you at all times is a great way to be prepared for that visit from the building inspector. This is just the beginning of what it takes to get your columbus investment property ready for the market. Your property will require a visit from inspectors that specialize in different areas: health, plumbing, and electrical are a few.
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Mortgage companies require a meeting with the company’s financial officer to make sure everything is in order. He’s there to check up on the property in order to make sure you are using the released loan money for it’s intended purpose. Any change in plans from the original agreed upon plan can lead to problems. So save some nightmares and stick to the original plan.

Getting an early start is a great way to get through the permits, inspections and applications quickly. It’s worth the effort in the end, as you’ll have a well built house that will last for years to come. You’ll see a great return on your time invested in the columbus investment property once you see the huge list of interested buyers.

Get more helpful information on columbus investment property deals right now!