Tag Archive for: un-permitted space

Unpermitted Space: No Value; No Gross Living Area; No Stove; Bath OK

Un-permitted space (including baths) and improvements are usually allowed. Here are a few guidelines: Appraisers cannot give value to the space or count it in gross living area or room-counts. A house with permitted […]Read More

No Value to Un-Permitted Space Unless Comps Have Similar Space

We were asked about an Oakland property today with three bedrooms and one bath upstairs (permitted), and three bedrooms and one bath downstairs (un-permitted). The issue is this: The Oakland […]Read More

Un-permitted Space OK If No “Health & Safety” Issues; No Value

Unwarranted or un-permitted space is always OK, from a lending perspective as long as: (1) it is just an additional room, with no plumbing or stove; (2) it was built […]Read More

Unpermitted Space is OK – No Value; No Health and Safety Issues

One of our Realtors asked us about a house in Oakland with 1,800 square feet and 4 bedrooms and 2 baths (per MLS). The problem is that the county records […]Read More