Can You Finance a Home with an Illegal or Unpermitted ADU?
Жүктеу.....
Пікірлер: 12
@HowToADU4 ай бұрын
Another perfect video ! No notes.
@workshopmortgage
4 ай бұрын
Thanks Ryan!!! 😁
@dwightrivera32819 ай бұрын
Amazing video!!
@lifeunderthesun8318 ай бұрын
Outstanding
@workshopmortgage
8 ай бұрын
So glad you found the video helpful!
@666miguel99Ай бұрын
I financed mine. all i had to do was cap gas lines and remove stoves. also the workmanship had to be acceptable. I also had to re open a closed off doorway that made for an illegal subdivision.
@workshopmortgage
Ай бұрын
I'm glad you were able to find a financing solution! Technically, the work you did probably wasn't necessary to meet Fannie Mae or Freddie Mac loan guidelines. (Although creating interior access to the "ADU" space allows it to count toward the "gross living area" for an appraisal, which may boost your appraised value in a helpful way.) But again, happy your situation worked out...thanks for sharing!
@666miguel99
Ай бұрын
@@workshopmortgage is gannie Mae a lender? How does it work to go through them?
@azysrael11113 ай бұрын
This video is awesome btw
@workshopmortgage
3 ай бұрын
Thank you. ❤
@azysrael11113 ай бұрын
What about a garage attached to a house Do you need permits if you’re making it a room? Bathroom, and a small kitchen. Houston, Tx
@workshopmortgage
3 ай бұрын
Glad you found the video helpful! I don't know the local permitting requirements in Houston, so you should check with the city's planning/permits department. In general, anything that involves structural changes (which would require engineering), insulation, plumbing or electrical tends to require an permits and inspections. So my guess is the wiring and plumbing for your kitchenette will need permits. Definitely a good idea to get those and have the inspections done before things are closed up behind sheetrock. Tearing up walls to show things to an inspector is a bummer!
Пікірлер: 12
Another perfect video ! No notes.
@workshopmortgage
4 ай бұрын
Thanks Ryan!!! 😁
Amazing video!!
Outstanding
@workshopmortgage
8 ай бұрын
So glad you found the video helpful!
I financed mine. all i had to do was cap gas lines and remove stoves. also the workmanship had to be acceptable. I also had to re open a closed off doorway that made for an illegal subdivision.
@workshopmortgage
Ай бұрын
I'm glad you were able to find a financing solution! Technically, the work you did probably wasn't necessary to meet Fannie Mae or Freddie Mac loan guidelines. (Although creating interior access to the "ADU" space allows it to count toward the "gross living area" for an appraisal, which may boost your appraised value in a helpful way.) But again, happy your situation worked out...thanks for sharing!
@666miguel99
Ай бұрын
@@workshopmortgage is gannie Mae a lender? How does it work to go through them?
This video is awesome btw
@workshopmortgage
3 ай бұрын
Thank you. ❤
What about a garage attached to a house Do you need permits if you’re making it a room? Bathroom, and a small kitchen. Houston, Tx
@workshopmortgage
3 ай бұрын
Glad you found the video helpful! I don't know the local permitting requirements in Houston, so you should check with the city's planning/permits department. In general, anything that involves structural changes (which would require engineering), insulation, plumbing or electrical tends to require an permits and inspections. So my guess is the wiring and plumbing for your kitchenette will need permits. Definitely a good idea to get those and have the inspections done before things are closed up behind sheetrock. Tearing up walls to show things to an inspector is a bummer!