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Mortgage Monday: No Permit for Finished Basement [Video]

mortgage insuranceThis week’s video, Jim Cardinal and special guest Gus Gillberg with Tischler Gillberg LLC discuss potential pitfalls when buying or selling a house with no permit for finished basement. Many homes in Albany / Capital Region have finished basement. However, far too often the finished basement work was done without the proper permit from a local municipality.

Gus has dealt with transactions of involving homes without a finished basement permit many times and outlines the very simple process for ensuring that work on a finished basement is completely with the proper authority and documentation.

Watch this video to get the whole story on finished basements:

(if you can’t see the video click here)

Thankfully we have Jim Cardinal, Branch Manager for Syracuse Securities {visit his website to learn more} and Gus Gillberg, partner at Tischler Gillberg LLC {visit Tischler Gillberg online} to explain what is happening in the mortgage industry, how issues will impact the home buying process and what actions to take moving forward.

You can reach them by phone at:

  • Jim Cardinal | (518) 281-0077
  • Gus Gillberg| (518) 250-4444

We can help with homeowners insurance

If you are a first time home buyer or if you currently own a home we would love the opportunity to help you find the proper coverage at the most competitive rate for your home insurance or rental property insurance.  We are dedicated to helping you make the best decisions regarding your insurance and providing our community are resources like Mortgage Mondays are part of that dedication.

If you would like to receive a quote give us a call at (518) 456-6688 or click here to begin the process by email.

Thank you,

Ryan Hanley, CIC

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