Did you know that if you refuse to comply to resolve these violations, you can actually deal with more than just city fines? You can even have a lien on your property! Scary, right? Before you freak out, let’s take a closer look at code violations on your Louisville property.
What Are Code Violations?
Code violations, in relation to homes and buildings, are violations of a set of rules set by the City and State Housing Authorities. City codes or building codes are put in place to ensure that all neighborhoods and properties are maintained, protecting property values, and to promote the health, safety and welfare of the residents.
Once a violation has been observed,the Louisville Code Enforcement and Mediation will have you come into voluntary compliance. To accomplish this, you’re usually given 7 to 21 days to take whatever action is requested to correct the problem. On the scheduled compliance date, a follow-up inspection is conducted. If the violation is still on the property on the re-inspection day, additional informal and formal steps may be used to gain compliance.
For instance, an attempt to contact you may be made in person or via phone call and a “Sorry I Missed You” note or business card may be left at the front door asking you to call the Inspector. It is also possible that a civil court process may even go underway.
What Can You Do to Resolve These Code Violations?
The best thing you can do as soon as you receive a notice is to address the problem. Depending on the type of violation, you may also need to pay some fines. Do the necessary repairs and pay the equivalent fines to avoid notices piling up.
You may be fined if you don’t fix the violations within a reasonable period of time. If you don’t pay the fines after a reasonable period of time, the Department of Codes and Regulations will take steps to change the fines into a lien on the property.
How Do Code Violations Affect My Home’s Value?
Code violations affect your home’s value in a number of ways. First off, individual home buyers will not want to buy a home with code violations. Additionally, a lien on your property due to unpaid fines can result in foreclosure of your property. Keep in mind that some liens include an 18% annual interest rate, which is very costly. Avoid this by addressing the code violations on the get go.
What Are Your Options In Selling a Property With Code Violations In Louisville?
Just because your home has a violation doesn’t mean you can’t sell it anymore. If you don’t want to address the code violations yourself and want to sell the house as-is, your number one option is to sell it to a cash homebuyer.
A cash homebuyer will buy your home regardless of its code violations and will be the one to resolve those issues after the sale. The process is quick, painless, and easy. You can even close a sale in a matter of days! So, if you’d rather not deal with the hassle of repairing your home to adhere to the city and building codes, sell your home to a cash homebuyer today.
NEED TO LEARN MORE?
Don’t worry about code violations and just sell your home directly to a cash homebuyer! RYLO Homes is a cash homebuyer in Louisville, Kentucky. We are a real estate solutions company that specializes in solving your frustrating real estate problems for you. We will be your personal guide during your home selling process. We buy houses in Louisville, KY in any condition. No realtors, no fees, no commissions, no repairs, and don’t worry about cleaning the property, we’ll do that all for you.
Our goal at RYLO Homes is to improve the overall quality of housing for the residents at Louisville, KY. We buy houses in just about any condition and situation, including foreclosure, late mortgage payments, or fair market value. To find out more about our home purchasing process, give us a call at (502) 317-8553 today.
