Bob Timm's "RealMan" Blog

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Build The Wall!

Sometimes you have to build a wall... or you won't get a certificate of occupancy. That's the case with one of the homes I'm helping out with as the Project Coordinator for Tivoli Custom Homes in Minot North Dakota. Of course this was not a surprise to us as we knew this to be the case before we broke ground on the home.

Build the wall

This happens to be at our model home at 9 11th Ave NE, Minot ND where my office is located. I've been kind of secure in knowing I would not have to move my office for a while because without the certificate of occupancy we could not sell our model home. Now I better start packing.

I can not emphasis enough how important a certificate of occupancy is. If you are a buyer looking at fixer uppers or brand new homes and you are working with a competent Realtor you probably don't need to worry about this as your Realtor should know if the home is City approved for occupancy. If you are dealing with a FSBO and you are not represented by a professional you may want to check with the authorities as to if the home is occupiable.

Many homes in the Minot area were adversely affected by the flood in 2011 and sustained substantial foundation problems. Regretfully not everyone is honest and you may encounter a FSBO seller who neglects to mention that the house has been declared unoccupiable by the City. Looking at the house you know it needs fixing up but you may not be aware that the damage necessitates the approval of the City before you attempt to fix things. Contact the City and see if it a certificate of occupancy is obtainable for the home before you invest your hard earned money into a project such as this.

WARD COUNTY NOTARY SERVICES

ROBERT L. TIMM, OWNER

201 Main Street South, Suite 116

 Minot North Dakota 58701

Bob Timm,  Facebook

Call or text 701-720-8513

Comment balloon 10 commentsBob "RealMan" Timm • September 20 2018 03:19PM

Comments

Good morning Bob "RealMan" Timm - I guess that is something a buyer needs to know.  But if they have a mortgage I am sure they won't close without an updated CO.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) about 1 year ago

Very true Grant Schneider and most of the flood damaged homes have been purchased by contractors who already know about a C.O. but there is always that exception of someone boldly bubbling along.

Posted by Bob "RealMan" Timm, Owner of Ward Co. Notary Services, retired Realtor (Ward County Notary Services) about 1 year ago

Hi Bob... can't say I've ever determined an appropriate certificate of occupancy. In new construction the builder needs to provide it to the buyer at closing and a lender will demand it in any event. Otherwise, for me, this is a seller disclosure and it's up to them to provide appropriate documentation in this regard.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) about 1 year ago

Bob,

The Certificate of Occupancy played a major role in commercial real estate.  Tenants could not occupy their offices or their retail space until a certificate of occupance was issued especially when it was completely remodeled.  In commercial buildings new construction the same was true.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) about 1 year ago

Good morning Bob. I understand that you are always responsible for checking on everything yourself.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) about 1 year ago

Right on Nina Hollander but I have run into a couple of unscrupulous FSBO sellers that neglected to mention the home is/was condemned.

Posted by Bob "RealMan" Timm, Owner of Ward Co. Notary Services, retired Realtor (Ward County Notary Services) about 1 year ago

Thank you for bringing up commercial property A Ron and Alexandra Seigel . I hate to admit I didn't even think about it.

Posted by Bob "RealMan" Timm, Owner of Ward Co. Notary Services, retired Realtor (Ward County Notary Services) about 1 year ago

Absolutely Sheila Anderson and my post is to warn those people who think it's best to go it alone with out a Realtor and to purchase a for sale by owner property. I guess we could right a book on either of those subjects.

Posted by Bob "RealMan" Timm, Owner of Ward Co. Notary Services, retired Realtor (Ward County Notary Services) about 1 year ago

You also make an excellent point in your comment #8, about the risk of buying a home via "For Sale by Owner."

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) about 1 year ago

Thanks Myrl Jeffcoat I've known some folks to sell FSBO just to avoid disclosure of minor as well as major defects.

Posted by Bob "RealMan" Timm, Owner of Ward Co. Notary Services, retired Realtor (Ward County Notary Services) about 1 year ago

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