Permits For Renovating Your A Chicago Investment Home


Paying for permits is the bane of the home owner because the cost for the permits comes out of their wallets before the house is on the market. Almost all Chicago Investment Homes will require some kind of permit; remodeling and repairs are usually a given. Those who don’t have a permit will be subjected to fines and may be ordered to stop work.

Each permit is a different fee and there is no flat rate for building permits. Typically this charge is a percentage of the estimated final market value of the home often about 1% of the market value. A final market value estimated at $100,000 could cost $1,000 for that permit. Most cities have differing requirements for filling out applications and what is required for proof of ownership.

Be aware that before you can obtain a building permit you will need to show the proper documentation. Even though you have a pile of paperwork, you might not have all the documentation you need to get the permit. Fortunately, most building departments will give you a detailed list of the things you will need to obtain your permit. They might tell you that you need to bring in building plans, a survey of the property, the actual application, and payment for the building permit.

A building inspector will still want to make sure things meet with building codes even once you’ve received a building permit. 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 a part of getting those cheap A Chicago Investment Home fixed up. The health, electrical, and plumbing inspectors might make a trip to your property depending on the work that you’re having done.

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With all the permit hoops to jump through, you’ll want to get an early start. Paperwork and inspections are a labor of love once the property is finished and on the market. Yes, well built A Chicago Investment Home on the market will go fast, and that is totally worth all the work you’ve put into them.

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