Real Estate Agent · Philadelphia, PA · Member since 2018 · 428 posts · 484 votes
I currently have an off market shell in Pennsport that has a long list of violations that need to be resolved. I am reaching out into the BP ethos looking for a mentor that can help guide me through any of the resolution process and what type of negotiations can be done between buyer and seller prior to closing that can make the deal as juicy as it can be for my clients.
Some of the violations include the contractor who did work not being licenses, adding a third story framed out addition that is structurally sound but was not approved by the city, a few unsafe structure hazards, etc.
How does one resolve this with LNI? Anyone know how to expedite this process?
Flipper/Rehabber · Delaware County, PA · Member since 2009 · 30 posts · 12 votes
7y
We bought a property in 19131 that had one outstanding violation for a roof issue. In our case, we made an addendum stating we would clear it up and about 3k of the seller's proceeds was held in escrow until we were able to resolve the violation with L&I. We paid for the fix (per our negotiations), so I believe the seller's money was just held to cover the city fees (again, per our negotiations).
To clear it, we contacted L&I who explained the process, which I believe involved a new permit. When complete, they said they'd come out to inspect. Not sure if they did, but they cleared us soon after. They were actually pretty responsive to our communications and accommodating. We never had to go in person.
Long story short, it was much like the typical permit process, and you can structure the deal as you wish. If you dont have time to file permits and such, there are expeditors as Jerome mentioned.
BUT, for us, the fix was simple roof patching. For your buyer, it sounds much more complicated, involving the structure, so I assume you'll require L&I site visits, multiple permits, etc.. A contractor experienced with Phila's builiding requirements would be a huge advantage to your buyer.
Real Estate Agent · Philadelphia, PA · Member since 2015 · 54 posts · 34 votes
7y
@Jimmy O'Connor, we had two licensed expediters speak at our Diversified Investors Group - Philadelphia Main Meeting earlier this month. I think those are two solid points of contact for you to start with. The names and website information I put below should be of some help. If not, let me know and I'll track down their numbers for you. They have a ton of knowledge about the process.
Licensed Expediters:
Jenna A. Dietrich -- JAD Development Company, LLC -
Flipper/Rehabber · Delaware County, PA · Member since 2009 · 30 posts · 12 votes
7y
We bought a property in 19131 that had one outstanding violation for a roof issue. In our case, we made an addendum stating we would clear it up and about 3k of the seller's proceeds was held in escrow until we were able to resolve the violation with L&I. We paid for the fix (per our negotiations), so I believe the seller's money was just held to cover the city fees (again, per our negotiations).
To clear it, we contacted L&I who explained the process, which I believe involved a new permit. When complete, they said they'd come out to inspect. Not sure if they did, but they cleared us soon after. They were actually pretty responsive to our communications and accommodating. We never had to go in person.
Long story short, it was much like the typical permit process, and you can structure the deal as you wish. If you dont have time to file permits and such, there are expeditors as Jerome mentioned.
BUT, for us, the fix was simple roof patching. For your buyer, it sounds much more complicated, involving the structure, so I assume you'll require L&I site visits, multiple permits, etc.. A contractor experienced with Phila's builiding requirements would be a huge advantage to your buyer.
Real Estate Agent · Philadelphia, PA · Member since 2018 · 428 posts · 484 votes
7y
@Jerome Lewis Jr My Man! Thanks, I'll follow up with that. @Jeannette C, I appreciate the insight! My sitiuation is definitely more layered than a roof resolution that can be handled between buyer/seller negotiations unfortunately. Hitting up an expeditor might be my play right now.
Real Estate Agent · Philadelphia, PA · Member since 2018 · 428 posts · 484 votes
7y
@Jerome Lewis Jr Got a price drop from the sellers side! LNI also reached out to after I sent an inquiry to help me see which ones were actually resolved.