Charleston · Value
How does an unpermitted third unit or an illegal apartment affect my McClellanville home's value?
An unpermitted third unit or an illegal apartment typically subtracts value from a McClellanville home rather than adding it, since a buyer's lender and inspector will flag the unpermitted work and may require it removed or brought up to code before closing. Rental income from an unpermitted unit also cannot be counted toward a buyer's loan qualification. Brian Beatty advises McClellanville sellers to permit or disclose any unapproved unit well before listing.
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