This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

In View Of Surging Demand For Real Estate, Permit Research And Retrieval Firm The Permit Report Warns Buyers And Sellers Of The Importance Of Appropriate Permits For All Home Improvement Work

LOS ANGELES, April 10, 2013 /PRNewswire/ -- According to AOL's Real Estate Blog, the housing market in California is on the fast track to recovery, with strong fundamentals supporting the current growth curve. Job growth and low housing supply have combined to push home prices up, though nothing near the astronomical levels seen before the crash of 2008. With thousands of new buyers entering the California market, The Permit Report is reminding home buyers and sellers that a complete permit record of all work done to a property is one of the critical elements of any real estate transaction.

(Logo: )

A permit report is a collation of all relevant permits on record. These include building permits for renovations, certificates of occupancy, mechanical permits, electrical permits and plumbing permits.  A permit report is best used in association with a Natural Hazards Disclosure Report, which describes risk factors such as earthquakes, landslides and wildfires.

Unpermitted structural, plumbing or electrical work can turn into an unexpected and expensive nightmare, especially when it comes time to buy or sell a home. Buyers may have trouble acquiring full financing for a home with an incomplete permit record, while sellers can be held responsible for correcting any problem areas in a home before a potential buyer will commit.

More worrisome than even these financial matters is the fact that unpermitted work may not be up-to-code, representing a safety hazard for occupants. In the event of a fire or natural disaster, an insurance agency will, as a first step, check that a property has the proper permits. The Permit Report works to circumvent all of these potential hassles by searching for and retrieving existing permits from local government agencies.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs