How to Avoid Permit Delays in Bradenton
Avoiding Permit Delays in Bradenton: Real Risks and Real Money
Quick Answer
To avoid permit delays in Bradenton, start by engaging with the Manatee County Building Department early in your project. Florida Statute 553 governs building codes, and failing to comply can result in costly delays and potential fines. For example, a client once discovered a missing permit requirement only days before closing, which jeopardized their entire transaction. Discovering such issues late can lead to closing delays and even contract termination. Call me at 941.400.8735 or reach out directly to Michael Renick – I’ll share my approach with you.
What Actually Breaks Deals in Florida
Permit Compliance Failures
The problem arises when permits are not obtained or closed properly, governed by Florida Statute 553. In one case, a buyer found out during the final walkthrough that a previous renovation lacked proper permits, leading to a forced renegotiation and a $15,000 price reduction to cover potential fines and compliance costs. The consequence of such oversight can be severe, including closing delays and increased financial exposure.
When we had the opportunity to purchase another condominium at Seaplace we called to arrange to meet with Michael J. Renick & Co. to discuss the sale of our unit on our coming visit to Longboat Key. Within days Renick associate, Eric Teoh had shown the unit and we had an offer. All of this happened before we arrived, signed a contract or even established a price. We were new to the process and their assistance in walking us through what needed to be done was invaluable. He also assisted with the purchase of the new unit even though it was a private sale. Everything went smoothly and within two months the sale was complete
– jwwicker, Zillow Review
Homeowners’ associations (HOAs) in Bradenton can be a significant hurdle, as their approval processes can be slow and unpredictable. During underwriting, I’ve seen deals stall because the HOA failed to provide timely approval for exterior changes, leading to a missed closing date and additional costs for temporary housing. The governing system here involves HOA bylaws and Florida Statute 720, which can dictate stringent compliance requirements.
Where It Usually Blows Up
Permit issues often surface during the inspection period or final walkthrough, a critical time when buyers are finalizing their financing and insurance. Discovering a permit problem at this stage can be brutal, as it leaves little time to resolve the issue without delaying the closing. Buyers or sellers can lose leverage, face increased costs, or even see the deal fall apart entirely if these problems are not addressed swiftly.
What I Tell Clients Before They Risk Money
- Early Permit Checks: Verify all permits are in place and closed before listing or purchasing a property.
- HOA Communication: Engage with the HOA early to understand any pending approvals or compliance issues.
- Inspection Vigilance: Use the inspection period to uncover any hidden permit or compliance problems.
- Legal Consultation: Consult with a real estate attorney to navigate Florida Statute 553 and HOA bylaws.
- Contingency Planning: Prepare for potential delays by negotiating flexible closing terms.
Let’s continue this conversation.
Call me at 941.400.8735 or schedule a 15-minute call. I’ll tell you what I would look for.
Call 941.400.8735 or Schedule a Call
Questions Clients Actually Ask
What happens if a permit issue is found after closing?
If a permit issue is discovered post-closing, the new owner may face fines and be required to bring the property up to code, potentially costing thousands. This is why it’s crucial to address permit issues during the inspection period.
How can HOA delays impact my closing?
HOA delays can stall the entire transaction, as their approval is often needed for financing and insurance. Without timely HOA approval, you risk missing your closing date and incurring additional costs.
My wife and I can without reservation say that this home buying experience was the smoothest and least stressful ever (this is our fourth one to date). Mike and Eric work as a team to deliver professional, timely, and friendly service. Their expertise about Sarasota and the surrounding areas was obvious from the start and their work ethic is unmatched by any realtor I have ever known or worked with. We recommend them whole-heartedly.
– Joshua Briscoe, Zillow Review
What To Do Right Now
Contact the Manatee County Building Department to verify the status of any permits related to your property. This proactive step can save you from costly delays and ensure a smoother transaction process.
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