Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
There's a missing CO, but we agreed to have the seller put money on escrow. We asked to have $10,000, but seller offered $5,000. In Nassau, what is the usual amount in escrow for a missing CO (additional bedroom)? Do sellers actually follow-through with this, or in the end, they let the buyer have the money and the work of obtaining CO?
Can anyone please give me a ballpark figure of obtaining a CO for an additional bedroom? I can only wish the seller was more upfront regarding the missing COs.
I had to put up $5000 for a missing CC on my last house. Nassau County.
I was the seller. Got most of the money back after I obtained the CC.
Wasn't too big of a deal. Just watch the fine print from the bank.
They took $500 for some fee for holding the escrow, and I had no idea, as it was the buyer's bank that held the escrow money. I had no knowledge or control over it. Really pissed me off, I literally felt sick. How these banks get away with this crap is beyond me.
As far as actually getting the CO, you have to apply to the town for it, and get the necessary inspections...plumbing, electrical etc...there are obviously fee's involved.
Everything has a fee these days. I might start charging a fee to read my posts on message boards...ha.
I had to leave $2,000 in escrow. The ex-hubby never did get the CO and the new owner just ripped down the deck and awning and resold the house. The house was sold due to a divorce and the ex just didn't care about the CO.
could cost $1K or $20K the cost of the CO isn't much, its paying an expeditor and bringing the additon to code. which it could be fine now, or need a lot of work.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
