Agent

Buyer makes huge mistake in purchase of converted home

Bypassing professional inspection leads to financial disaster

The real estate event of the summer
Connect with other top producing agents at Connect SF, Aug 7-11, 2017

Dear Barry, I'm embarrassed to confess that I broke your cardinal rule: I bought a property without having it inspected, and now the chickens have come home to roost. The building was originally a single-family home, but the seller divided it into three separate living units by adding two kitchens and a few partition walls. The conversion was nearly completed and the property seemed to be in acceptable condition. All that remained was some patch-up work in the new kitchens. But now the building department says the conversion is illegal and I can only have one kitchen in the building. The trouble is, I need three rents to cover the mortgage. What can I do? – Bernard Dear Bernard, Bypassing a pre-purchase home inspection has placed you in a position for which there may be no satisfactory solution. The building department is the final arbiter of what is and what is not a legal and acceptable use for a building in a given area. If the property is specifically zoned as a single-fam...