Common Issues When Selling a Ventura County Home

If you plan to sell your Ventura County home, you should be prepared for the process. While there are the most common issues, such as passing a standard home inspection, finding a qualified buyer and setting a closing date, you’ll also discover some unique issues you may not be aware of. Learn about these issues ahead of time to help complete your transaction in a timely manner.

Lateral Inspections

Oxnard and some parts of Ventura County requires a lateral inspection before closing on all properties. This regulation became applicable in 2014 for all private sewer systems. To meet this standard, you must submit a private sewer lateral inspection report to the Building and Safety Division of the city where the property is located before the close of escrow. The report must also be provided to all parties that are part of the sale.

If the inspection shows that repairs are necessary, the buyer and seller must agree on who will pay for the repairs. You should have a plumber inspect the sewer laterals before you open escrow or even before listing your home.

Un-permitted Changes to a Property

Some changes may be allowed for a property without the need for a permit. If a buyer wants to purchase a property with un-permitted changes or additions, they must show certain documentation for financing.

An appraiser may need to show in their report that the changes didn’t need a permit or that a permit was attempted but not received. All changes and additions must have been completed in a professional manner, which means they meet standards and don’t look like they were done by a handyman.

The documentation must also include information that shows the addition or improvement was typical for the market area. It shouldn’t increase the carbon footprint of the property, such as turning a one-unit property into a two-unit property.

If these updates did allow for an additional unit, often called an illegal unit, the appraiser must include that information in their report. The buyer may also need to qualify for the mortgage without considering the income from a second unit on the property.

The buyer must also be able to show that they can get the property insured with the improvements in place. All improvements and additions must comply with the zoning laws.

If the property doesn’t meet all these standards, permits will be required before it can be sold. It’s important to understand how making improvements or creating additions on a property can affect its ability to be resold in the future before starting the project. If you have already made these changes, know that you may have extra work to do before you can sell your property.

To avoid some of these issues, you can sell to a cash buyer who doesn’t need to get approval for financing. To find out more about the process or selling your home, you can contact Quick Home Offers.