For example, if you intend to use it as a parking lot, your need for clear title might be less than if you wish to build on it with permits, insured bank loans, etc.You might also discuss with your title officer what they would accept in order to insure and pass title.

I have a property undercontract, but just found out the garage was transformed into a room, without any permits.

I have renovated homes in Dekalb County and the permitting process is pretty simple.  

while you market the property for sale, if that's your strategy.If the outfit that Crystal is talking about is the one I was recently approached with by another person, they may extend that 5 months to no more than 8.It's easier / faster to place a tenant (6 to 8 weeks) than to finish a project, market it for sale, find a buyer, and close on it (3 to 9 months after rehab / repair).You might also line up a buyer and have them ready to close as soon as the rehab / repair is done, the inspections are cleared, occupancy permits issued, and all the other legalities are settled.Lots of possibilities ...

@Syed ZaidiDefault rates are historically low as qualifying for a mortgage has traditionally been more difficult here (save for a few years in the last decade when permitable amortizations grew and qualification standards were relaxed).Not only is our population 1/10 of the U.S.A., but over 80% of Canadians reside within 2-hours of the Canada-U.S.A. border.  

Buyer reserves the right to show property prior to settlement for the purpose of either renting it or reselling it, and Seller agrees to permit access to Buyer at any time from the date of this agreement up to the date of settlement. 

For what we’re doing to get our amazing return, we’re going to need permits.

General Components Permits$200 TermitesN.A.

Under most jurisdictions the deposit is  legally only permitted to be used to cover damage caused to the unit by a tenant.

The prior code allowed that use by special use permit.