There are much reasons why a homeowner would like to have a home extension. The primary reason would be the lack of space or room for some things or important activities. Aside from that, home improvement may also be rooted in the idea of increasing home value as part of future investment. However, before one would start making some major rehab on his or her property, he or she must also learn the concept of building permits. And in the following article of Tarek El Moussa, it highlighted some ideas and tips in connection with building permit and home extension:
Building Permits: When to Get Them and When to Change Your Renovation Plans
-When You Have the Time and the Budget
First of all, if you find out that you need to get a room or addition permitted before you proceed, you'll want to figure out your timeline for the entire rehab. If you find out about your permitting problem early on and you haven't already allocated all of your rehab budget, then you should probably go ahead and have your general contractor or project manager apply for the permit for you.
-Always Have an Exit Strategy
If you've read much about real estate investment, you're probably pretty familiar with the idea of an exit strategy. You know that you need to have a plan for what you'll do with a flip property if you have to go over budget or if it sits on the market going stale. Here's a secret-you should have exit strategies for your rehab projects, too. Read full text...
Having a home extension requires an ample time of preparation, both on the technical and financial aspect of it. It would be in your best interest to do some thorough research and ask some question from the professionals. It would be best to be guided by a professional real estate agent all throughout the process.
