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Thread 2935189

6 posts 2 images /diy/
Anonymous No.2935189 >>2935203 >>2935398 >>2937096
Can /diy/ give me a quick rundown on assignments of contract? Where do they come from, are they mandates by the city or state government to fix up a house on the market, or is it a decision that involves the seller or the real estate agency? I'm just curious because I'm looking for any alternative to paying rent, but the only houses that I can afford in safe neighborhoods are unlivable crapshacks that often mention an assignment of contract upon signing.
Anonymous No.2935203 >>2935401
>>2935189 (OP)
It sounds like you're looking at a property that is unsafe in some way and cannot pass inspection. Basically you would need to hire a contractor and they would handle all the permitting/inspections. Depending on the extent of the work you could easily spend $100k. You can do a lot of the work yourself to save some money, but there's no getting out of it for cheap.
Anonymous No.2935398
>>2935189 (OP)
RE terms vary by jurisdiction, so post ACTUAL DOCUMENTS

I've never heard of WTF you talking.

is the house "Red Tagged" meaning shit needs fixed before its considered habitable?
Anonymous No.2935401 >>2935456
>>2935203
>Basically you would need to hire a contractor and they would handle all the permitting/inspections.

also, rules about WTF can do WTF WTF change often.

about 1990 the rules were a Termite Company would have to replace entire piece of wood, but a General like myself was allowed to surgically just cut out the cancer, then call for Termite Inspection (same or other) and get "cleared" then patch up WTF, often saving lots of money like if a joist ran into their existing fine interior finishes.

Also, once "under contract" all the work had to be done by Lic Contractor, where as prior it was basically "no rules" and any homeowner could run his own HVAC, Elec, plumbing etc no problem. After "contract" they weren't allowed to paint a fence post (if that was required for contract).
Anonymous No.2935456
>>2935401
In my area there aren't too many restrictions on who does what work as long as a licensed contractor pulls the permits and a city/county inspector signs off on the inspection. This varies from state to state so always know the laws to be sure to stay in compliance.
Anonymous No.2937096
>>2935189 (OP)
Where do you live and why is that secret? Laws vary by jurisdiction. That would (given SPECIFIC) parameters) be a reasonable question for so-called AI but only to help refine your search not replace it.