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Suit Up With Baez
Level up your real estate, mortgage, and business game with the 'Suit Up with Baez Podcast!' Tune in for bold strategies and expert insights to fuel your success!
Suit Up With Baez
Episode 30: Real Estate Revelations
The real estate landscape in New York is undergoing significant changes, and understanding these shifts could save you thousands of dollars whether you're renting, buying, or selling property.
At the forefront of these changes is the newly implemented FAIR Act, which fundamentally alters how broker fees work in rental transactions. Despite widespread confusion, the rule is actually straightforward: whoever hires the broker pays the fee. If you're a renter seeking assistance, you'll pay the broker fee. If a landlord hires a broker to find tenants, they—not the renter—must cover that cost. This legislation brings much-needed transparency to transactions that historically lacked clarity.
For property owners with tenants who want to sell, the podcast offers crucial advice: build positive relationships rather than pursuing costly evictions. With tenant protection laws in New York being exceptionally strong, eviction proceedings can drag on for years, costing landlords substantial amounts in legal fees while receiving zero rental income. The smarter approach? Work collaboratively with tenants, potentially helping them relocate or offering reasonable compensation. This strategy typically costs less than lengthy legal battles and results in faster, more profitable sales.
The Department of Buildings has also stepped up enforcement, actively monitoring real estate listings for unpermitted work. When purchasing property, always request floor plans and property cards during your title search—these documents reveal illegal modifications and can serve as powerful negotiation tools. Taking photographs throughout renovation processes provides essential protection against potential violations later.
Ready to stop renting and start building equity? Many tenants are surprised to discover they qualify for mortgages. Connect with us to explore your options and take that first step toward homeownership—where you're sleeping and making money simultaneously through property appreciation and equity building.
Have questions about navigating New York's complex real estate environment? Reach out to our family business where we pride ourselves on transparency, expert guidance, and lifetime relationships with our clients that extend well beyond closing day.
Hello everyone, welcome to Sudo with Bias Podcast, and we are excited to be here. Guys, it's a beautiful day. The summer's around. Well, we're in the summer already. We're having a lot of fun.
Speaker 2:Oh yeah, it's getting hot, cold hot.
Speaker 1:I'll tell you something. One thing I always say about the weather in New York is bipolar, just like most people in new york. It's like always up and down, those feelings, right. So I feel like the weather's just like that one day it's cold, one day it's hot. It's like man, it's like. I feel like the weather also got emotions yeah, it never stops, man it never stops crazy.
Speaker 1:So before we start, guys, quickly, you know this is a family business, right, me, andrew, chris, and we have other realtors as well. But one thing is it's a family business and we have our preferred lender, which is Heidi. She's our preferred lender. She's also my wife. She has tons of programs over 95 loan programs and more. Anything out there she most likely have it. It's a family business. We're here to assist. It's a family business. We're here to assist. It's a mom and papa shop, like they call it. One stop, one shop. Right, we're here to assist. Also, guys, feel free to ask any questions, any real estate questions. That's what we're here for, angelo to answer any questions at all times, right, and we also are like an open book. If you need anything, any contacts, any referrals, we're out there to also refer you. Great people and people that we work with.
Speaker 2:Absolutely For everything. Anything that you could possibly think of in real estate, we got you covered.
Speaker 1:Yeah, we got your back for sure. And one thing about us is, like any transaction we do with you, this is a lifetime relationship. We're here Even after you close, buy, close or don't buy or sell, we're still here. We're like a lifetime with all our clients as well.
Speaker 2:Yeah, absolutely. And just one thing to mention before we get off that topic is that every vendor that we work with, we always try to get the feedback from the client to see how they performed.
Speaker 1:Yes, One thing about it is very important is customer service. We make sure that clients are taking care of buyers, sellers or any clients that we work with. We make sure you're taken care of and we always reach out to make sure everything's good with you.
Speaker 2:Absolutely. Now let's start it off with one heck of a topic that has been making headlines the FAIR Act. And this FAIR Act just came into play, I believe, either this week or last week. I have to double check. But what ends up happening is that it was this week, it was this week, correct? So this week landlords must cover the cost of brokers they hire rather than passing the fee onto renters. So what does that mean? Usually, when you went to Street Easy and stuff, there used to be a little thing called broker fee and whatnot, and it used to be like the landlord hired a broker, a broker, and they passed on the expense of like the broker fee to the tenant through Street Easy and all of that, and then you would go there and then you would pay the broker their fee for, you know, having you.
Speaker 1:I think there's a huge confusion with it. Right, because, yes, before you come to the broker for rent, this is all about rentals. Right, they will come. So, basically, the renter will come to the listing and they will pay the broker. Right, but the broker was hired by the landlord. Now the way it works is like this Whoever hires the realtor or the broker to help you assist you in finding a rental For instance, if it's the renter that's looking for and the agent is helping the renter the renter is responsible to pay the broker's fee.
Speaker 1:The renter is responsible to pay the broker's fee. If the landlord hires the broker, the landlord is responsible for it. In other words, a broker cannot charge a fee to the renter if the landlord hire him. Exactly, it actually is a violation act if a broker charges a fee to the renter if the landlord was the one to hire him. So that's where the confusion is that most renters believe that's it. We don't pay no broker fee. No, you're incorrect. You do pay broker fee if you are the one to hire the broker or the realtor to assist you in finding a renter.
Speaker 1:You only pay no broker fee if you're going to a landlord and the landlord has a realtor. So that's where the confusion is at Right, because everyone I'm in a few group chats and everyone's like, ah, that's it, we don't need to pay no more broker fee because it's with the renters. No, you do pay if you hire the realtor or the broker to assist you in finding a home. So just be clear that if the landlord hires the broker, the landlord is responsible for the broker fee. If the renter hires the client renter hires the broker he is responsible to pay that.
Speaker 1:What is happening in the real estate industry, which I like a lot everything now is more in detail, everything is more in writing, everything is more professional. Right Now, agents will need to be more professional and letting them know their role in this transaction. Right Now, agents will need to be more professional and letting them know their role in this transaction right, in sense of if I'm representing the landlord, I don't charge you a fee, but if I'm representing you as a renter, I do charge you a fee. And another good thing is that now most broker will have to disclose their role, most importantly, and also their fee. So now it's more transparency on every transaction, and I think before there wasn't so much transparency and a lot of brokers were getting away with certain things right. But the reality is that what I like about real estate now in New York is more transparency than anything. Now it's more detailed. The transaction is in detail how much you're getting paid, what is your role as a realtor in this transaction, which it's huge In New York. People are always trying to hide around and I'd never really like to do business like that. I'd like for you to know every detail in your transaction. I try my best to be as transparent as possible and be very detailed on this transaction so you can know exactly what's my role. And one thing I've learned, also as a realtor you need to know your role as a realtor, right, I cannot come and talk about any legal questions. Right, as the attorney, I cannot come and talk to you about any mortgage questions. I could just tell you hey, I advise you to speak to your attorney. I advise you to speak to your mortgage broker. I feel like we all need to know our role in the transaction. You cannot overstep a role that's not yours.
Speaker 1:What I'm liking a lot is that New York, little by little, is changing a lot of laws and it's changing a lot in this aspect of being more professional and they are involving all this, so it could be more professional and I think it will end this myth of every broker not being so transparent, because now you have no choice Because they have this myth of realtors like not not being so transparent because now you have no choice because they have this myth of realtors or brokers not being transparent, realtors or brokers doing things incorrectly, not really being transparent with the client. Now it's no choice. Now you have to right or you will get called to 311 of your new york city or you get a violation you don't want. No violation will be have your license suspended exactly Exactly.
Speaker 2:So just to summarize that right, the TLDR is that whoever hires the broker is responsible for the commission. If the landlord hires the broker, he's responsible for it. If you, the renter, hire a broker, you're responsible for the commission. That simple.
Speaker 1:It's that simple. I just wanted to get more into it.
Speaker 2:Exactly commission.
Speaker 1:That's yes, it's that simple.
Speaker 2:I just wanted to get more into it. Exactly I like to. I get passionate about this exactly I love real estate, I breathe real estate absolutely and it goes to show you, like you know, like you said, more transparency, very straightforward approach, like you don't need to wonder like who's paying that fee or what's happening. I don't know how it's going to work in street, easy, I believe now they're going to have to remove that like broker fee or whatever.
Speaker 1:Yes On that yeah. So, like Zillow, you know all this is. It's like the real estate. If you notice the past year or two, there's a lot of laws that are coming into real estate guys, which is good because it protects the public. And I like that a lot. It protects the public. It protects you know. It's more transparency. Now it's more detail every transaction, and now everything's in writing right, which I feel like our career as realtor. As the days go by, angel, on honest opinion, I think it's becoming more professional.
Speaker 2:I agree, everything is becoming more professional. Like you said, things are becoming a lot more transparent. Having talked talking about like renters and stuff, we can also, like now, switch the discussion to another talking point that we have here, and that is, if you are thinking about selling your property and you have a tenant in there, how should you go about that process?
Speaker 1:I have about 10 years and I think that my approach that I got a lot of success at is advising the seller to be as lenient, as nice, as polite as possible to the tenant. Why I say that Tenants have a lot of rights. In New York City it gets to a point like some tenants take advantage of the system right, and some tenants become selfish and don't realize that reality. This landlord depends out of the payments to make their mortgage payment. The reality is this I always recommend the sellers to always build a nice relationship with respect and honesty and try to work something out with the tenant to help them move out. Why I say that? Because I have seen tenants that have been evicted and they could take up to two to three years depending where is this happening at, especially in New York City, and I think a lot of tenants do take advantage of the system when it comes to that.
Speaker 1:I do think that you know, sometimes you got to look at it. Sometimes I think in life and I always say that to my wife you got to look at both sides. You cannot just focus on one side. What I mean by that is like, yeah, he's the landlord. Everyone thinks landlords are rich and filthy rich, which not all of them are. But you got to look at both sides. Would you like it to be done to you? Not paying the rent? You go into court. Have in mind you're not paying rent right for these tenants. I'm not paying rent. This landlord has got to pay the mortgage, got to pay attorney fee, got to pay the water, regardless insurance, property taxing, and the list goes on. Is it fair to be doing that to a landlord?
Speaker 1:that's the real question. That's what I think you know. I have right now a client um that he actually have a tenant and he has a tenant and the tenant actually doesn't want to leave. He's giving him a hard time, he's not paying rent and now he requested 25 000 just because you know it's unfortunate. Now he's trying to take advantage of just because you know it's unfortunate. Now he's trying to take advantage of it because he knows that the system is going to take longer.
Speaker 1:But I advise my client to work something out with them where both sides will be happy. You know, $25,000 is a little bit steep, but they're working it out. I'm hoping and praying that they come to an agreement. But the best route, guys, to all the landlords and homeowners work it out with the client, because it's either you're going to give it to them or you're going to give it to the attorneys mortgage insurance, property taxes, water, and the list goes on. So it makes more sense to work it out. Work something out where they're happy, right what I've done too, andrew. I have told landlords to definitely come and pay their new place that they're moving to. At least a broker's fee, at least one month of rent, right Something where they feel like they're being helped as well, because some landlords, you know, aren't the best as well, because you got to look at the other side as well.
Speaker 1:Some landlords are slumlords right, so you got to also look at that side that tenants do have right. You know tenants sometimes get upset because you're not providing us the service, but we're paying rent right. So I understand that point as well. So the best thing I advise to everyone is work something out with the tenant. You know, don't go through that route of attorney. Don't go through that route of going to court. It's not a great outcome. I'm telling you that right now. You know all these attorneys want to pay off free and they, you know they still go with this. Oh, it's COVID, it's still delayed, and all this. So you know you don't want to go months and months without receiving a rent, you know. So it's best to always work something out with the tenant. That's what I advise at all times.
Speaker 2:Hit it right on the nail Like you basically want to be as nice as possible to tenants because if not it's going to cost you a lot more down the line.
Speaker 2:Yeah, because, honestly, with how you said that there's so many rights for tenants in new york, it only favors you to be a good landlord in new york. Yeah, you shouldn't get into buying buildings and stuff if you know that the cash flow that's going to come in there it's not going to be good enough for you to be. Like you know being a good landlord Like you don't want to be struggling to be a landlord. You should know your, your margins. Talk to your broker, whoever you're working with, to like make sure that the numbers make sense for you. Because you want to be a good landlord. You want to have a good amount of cash flow to say, if they need something, a repair done and stuff like that, you're not panicking to try and get the funds. You know you have enough income. I agree with you 100%.
Speaker 1:So it's good. I had this other client about a year ago. He came to me. He's like nah, watch me, get this tenant out and I'm going to evict this tenant. It tenant, it's actually in the bronx. Is this um client?
Speaker 1:and I told him listen I'm telling you, man, out of experience, don't go that route. Yeah, he got over a year trying to evict this guy. He was, you know, trying to evict him. He put an attorney and all he's been doing is paying legal fees and it's just been a delay and delay. So now the client's calling me and telling me alex, I should have listened to you. I was like listen, man, you know it happens. You got to learn out of it. But the best route, you know, is come to an agreement with the tenant. You know where both sides are happy.
Speaker 2:Yeah.
Speaker 1:Right, and tenants out there, you know, be as nice as possible to landlords, right. You know you got to treat each other the way you want to be treated. That's the treat. What I recommend guys, work something out with the tenant, be as nice as possible to the tenants and it's the only way you're going to be able to sell your property. So I've been really good with that. I actually just came from a listing appointment just now. There's a tenant. I was sweet and nice to her and the lady was very nice. They are also asking me to help them relocate.
Speaker 1:So to all those homeowners and sellers out there that want to sell their property but you have tenants in there, right, if they have a lease, of course you have to respect the lease right. By law, you can also buy out the lease as well. To all the homeowners out there, what we offer is that we could come in and say there is no lease, right, even if it's a lease as well, we can also let the client know if they're open for you to do a buyout on the lease. But if there is no lease, what we do to these tenants, we also help them relocate and, of course, if you probably cover a fee or something for them. But we work something out where both sides are happy. We help the tenants relocate, we help you sell the property for top dollars and everyone will be happy at the end.
Speaker 1:So we offer that for all the tenants out there, all the landlords, homeowners out there that have properties with tenants and are scared to sell the property, right. So you know, as long as you have a good relation with the tenant, we'd speak to them and we try our best to meditate it where everything is a peaceful transaction, not stress-free as possible. But we walk you through it, but we help the tenant relocate. More importantly, we make sure that tenant has a place to move to, because we don't want to leave anyone homeless. That's one thing I don't. I don't do and I don't practice at all.
Speaker 2:Absolutely, we always try to be as accommodating as possible for renters whenever we're working with them. We also float the idea like, hey, why not just become a house owner yourself? You know, you know, it's funny, you mentioned that.
Speaker 1:So we actually had one time a tenant, um, that wanted they actually were moving on. They were like you, you know what, man, let's just buy something. You'll be surprised, guys, to all the tenants out there, right, all the first-time buyers I love to help first-time buyers You'll be surprised that once you give all your documents to, for instance, to Heidi to pre-approval, you'll be surprised how much you qualify for is out there. Heidi actually helped this tenant. We actually found a place. We got her a single family.
Speaker 1:The lady thought she didn't ever qualify. She thought the worst and when she came to see she qualified to buy a house, she had the funds to buy a house. She bought a house and to this day she tells us thank you, you know, now she's not renting, she don't have a landlord Every year like, hey, renew the lease, hey, you got to move out. So to all those tenants out there, guys, I recommend you to get pre-approved. You have nothing to lose to get pre-approved. You actually got a lot to win. Why, andrew? Because, let's say you don't qualify, heidi will prepare you to qualify you. Heidi has been working with clients two to three years, helping them prepare to be able to purchase the American dream. Like they say Purch. Like they say purchase a home, so tenants out there, first-time buyers or anyone out, there, get yourself pre-approved.
Speaker 2:You have nothing to lose. You actually got to gain more than anything. Well, let's say it's the best investment, because then you don't have to worry about new ownership and what happens with your apartment and all of that. If now the person coming in is going to become a slumlord or anything like that or whatever.
Speaker 1:You're just in control of your own property you know one thing buyers always tell me buyers that buy the first time property and I was one of them, by the way why I did not do this before I should have been. I should have buy a house a long time ago, but most of us just sit around and just be. You know, you start doubting yourself. In reality, you have no idea what's out there for you unless you go for it. So to all those buyers out there, all those people that potentially want to be homeowners, go for it. You have no idea how much excitement and so much memories that you're going to build in that house yeah, absolutely.
Speaker 2:And and a property is also basically like a piggy bank because you're putting money into it through the principal when you pay every month and when you come to sell it, you're going to get that money back, like you're not wasting it in rent, just going nowhere, right, every time you make a payment it's going to go to the principal, meaning you got more equity. So when you sell it or if you try to do something with the equity, you have it there and it's also appreciating.
Speaker 1:So let me ask the public wouldn't you want to invest into an investment where you're sleeping and you're making money? Just think about that you're sleeping and making money. Who don't want to sleep and make money?
Speaker 1:yeah, all right you buy a property, you're sleeping and it's making money as long you're doing your payments, you know. And one thing about it it goes up in value. The properties probably could drop, market could crash, god forbid but it goes right back up and it goes up to even double. I see a lot of homeowners that buy a property for 300 and now they're selling for seven $800,000 guys.
Speaker 2:Yeah, my friend, his home. They bought it for around, I believe, $400,000 back in the early 2000s and now that very same home in Mott Haven is worth $900,000.
Speaker 1:Unbelievable Over 100%.
Speaker 2:Wow, a lot of profit, a lot of profit, but they're keeping it because you know they're going like. This is like insane, right Like now it's getting gentrified here.
Speaker 1:My Haven yeah, my Haven in the Bronx. Oh my God, it's changed so much. Yeah, I grew up in that neighborhood.
Speaker 2:Especially in Port Morris. In Port Morris, all of that new, all of the industrial buildings and whatnot, they're being turned into lofts and apartments, like really nice ones as well. Yeah, so a lot of people, a lot of young professionals, are moving down there, and I know that you wanted to talk about the department of building as well yeah, department of building.
Speaker 1:I deal a lot with department of building. I'm involved um a lot of rent, a lot of fixing properties. I'm involved with architect engineers. I'm involved a lot with them. But one thing I would say about department of building make sure you're tracking, like, say, the work you do throughout the process. Like, take pictures, take videos. Right, have your contractor do pictures and videos. Why do I share that with you? Because I say you do a job right and you're telling them listen, I did all this, but you don't know what happened behind that wall, right, but if you have pictures and video, it will help you.
Speaker 1:Um, I recently encounter um an inspector I won't say where was the department of building that said that we didn't do a certain job that he wanted, exactly how he wanted it done. Good thing is that my architect actually advised me to take pictures throughout the process, because this happened as a professional. It can happen to anyone. Anyone can make a mistake, angel. But for your records, anyone that works with the department of building, right, and you're pulling out permits and all this work I recommend you to tell your contractor, your plumbing electrician, take pictures throughout the process.
Speaker 1:So if they come back to you and say, hey, you didn't do this, so you don't have to break that wall and show them exactly what you did, right, if they request it. You have pictures and process of it, right? Just have in mind that. Also, it's best to always do your properties with permits with architect. It saves you a lot of headaches, they're giving you a lot of fines. They're catching a lot of people with stop work orders. It actually goes bad for you when you get caught during that process of doing work illegally and not doing it the correct way.
Speaker 2:Yeah, because we've seen a lot in the market that there's markets, there's certain listings in the market where we go like that was a flipper who got caught, most likely yeah there's a lot of flippers out there that are getting caught.
Speaker 1:New York City, washington County, it's not the same the same. Now it's like I've been also hearing this um department of building. Now I've been hearing, right, it's rumors that they're actually going on the mls on zillow, looking at properties when agents come to list it and then they come and hit you with violation. I actually just recently went in contract in the property with a for our client, angel in Orange County, right, if I'm not mistaken. Yeah, it came back on the title report.
Speaker 2:The seller had to pull out permits for an updated kitchen, updated bathroom, the electrical and the lights, because they didn't do it by permits.
Speaker 1:Yes. So they hit the homeowner with violation and fees. But how did he get caught? He didn't get caught doing the job, he caught during because the the agent, which we all do put it up on zillow. Yeah, it happens, guys. This is I've been noticing department of building is doing their job. You know they want a piece of the pie, I guess they would say, but it's just doing their job, right, they're trying to catch everyone out there that's not doing things they get. And then also, if you sit down back and it Angel, it actually protects the public. Why? Because you did work in the property without permit. We don't know if it was up to code.
Speaker 2:Right.
Speaker 1:And now, when our client, for instance, move in there, the electrical is up to code. Now it's going to pass, right? It's going to be safe for our client, right? We don't know, because you know. One thing I noticed is that you go to Home Depot, everyone is a contractor, everyone's a plumber, everyone is electrician, and when you come to see the work, it's none of it is up to code and it's not safe to our clients. It's not fair or safe to our clients. So, moving forward, guys, everyone that works, I recommend you, any work you do to your property, I recommend you to use the palm in the building, do it the correct way. Hire the professionals to do the work. Also, when you speak to a professional, speak to two to three professionals. What I mean? Speak to the two to three architect, two to three electrician, plumbers, because everyone has different feedbacks, everyone has different fees and you will see who's working with good faith with you. That's what I do a lot.
Speaker 2:Yeah, it's whoever you feel the most comfortable with that. You feel like you know you can trust this person. Yes, and at a reasonable price as well.
Speaker 2:Like you got to balance those two out. If you're thinking of, you know, updating your home, like Alex said, do everything by permit where it's going to come back to you. If you're selling a home and the department of buildings catches you which right now they are very, very on top of their game it's going to cost you. So if you have things that are modified in your home and you're trying to sell them, best bet is to kind of see if you did any modifications on your home and try to bring it up to code to get the best bang for your buck. Because if you're selling your home and you have something modified in the home and the department of building catches you, you're not going to get top dollar. You're going to have to go back to the drawing board and fix whatever you did or get it up to code or whatever it needs to be. And that's the case going on right now with a lot of homes, especially in Westchester.
Speaker 1:Yes, I've been noticing. One thing I really want to talk about. It's about when buyers order title report.
Speaker 2:And floor plan.
Speaker 1:Yes. So I want to get in detail what I mean by that. Yeah, of course, every buyer, because every bank would not lend unless they have title insurance, right? So you have to order a title report when you're buying a property. Yeah, but I think this is what I'm going to share. It's a good tip, right? It's a good insight, like I call it. So I recommend every buyer, when you buy your property, order floor plans of the property. Why do I share that? I think that's huge. I've noticed a lot of buyers buy property and no one orders floor plans. I'm going to recommend you guys to get as much history, as much information of your property. Why do I share that with you? Because if, tomorrow, you want to legalize anything inside the house, and if you get the city involved into your house, angel, if something in that house is not legal, you're going to get hit with all of that that you need to legalize right from the city. So the city expects you that, when you buy your property, do the full research, full history of the property. Why I share that with you?
Speaker 1:Just recently, angelo, one of my clients, bought a two-family. The good thing is that I order the floor plans. I always ask my title company to order the floor plans. It came out that the extension that was done in the house there was an extension. It was actually a deck extension, which is most of the stuff that is illegal in the properties is usually the decks. He did an extension to the house. It was a cement extension to the house. What a deck right for the client for the two family came out to be illegal. The other thing is that when we ordered the floor plans we saw also that there was a bathroom in the basement that wasn't legal. We also came across that walls were taken down. So now I was able to negotiate with the seller to get my client a better deal. Yeah Right, because a lot of this stuff is not legal in the house. You're selling me a house and you're not disclosing honesty on this property.
Speaker 1:And I had the client run the floor plans of the house. So one thing you know had the client run the floor plans of the house. So one thing you know make sure you order the floor plans right. And I'm going to share another big thing. Not all houses have floor plans. Sometimes these floor plans are so old the apartment building probably lost it. Don't have it. But most of these houses some of them don't have floor plans. So don't be scared if you don't come across a floor plan, right, because some of them don't have floor plans. So don't be scared if you don't come across a floor plan right, because some of these houses don't have floor plans.
Speaker 1:But if I recommend, when you order your title report, moving forward to all the buyers, order floor plans. It's going to save you a lot of headaches in the future. It's going to help you a lot. It's going to give you actually the history of the house. It's going to let you know what's legal, what's not legal inside the house. So order floor plans every time you order your title report. You will tell me thank you once you decide to do any extension inside the house, any room you want to do. Additionally, you want to see if the basement is lit. You want to see why this house has three bathrooms and it's supposed to be one. All this would come up these floor plans.
Speaker 1:I actually, in Contra, recently got a property, had it was a single family with three bathroom. I knew the basement wasn't legal, the bathroom, but I would have thought that this, the first floor, was legal. So if you don't have this is another thing if you do not have floor plans, make sure you order the property car, the property car. So this house is actually unique. This house is a property in worcester county. It was a single family, had three bedroom and three bathrooms, right. But the property that had no floor plans at all but it had a property car and the property car said it was three bedrooms, one bath okay so basically, I had to legalize the other two bathroom, which I did, but I did the okay.
Speaker 1:All the information I got from the property is huge because it would save you a lot. So when I came to do the floor plans, I already knew that two bathrooms weren't legal and I was able to legalize it quickly because I was able to get the property card and with the property card I was able to know that it's three bedrooms and one bath. Even though there was no floor plans, I was able to do the floor plans for the house now and now we have three bedrooms, which was originally legal, and now we have three bathrooms. That was originally legal of the house.
Speaker 2:Right, I know that the. What do you call it? I know that your client was very happy with that. Yes, you were able to help him with getting all of those bathrooms basically legalized.
Speaker 1:Yes, good thing there was no floor plans on the house but there was a property card. So when you do your you order your title report make sure the property card is there or the floor plans. The property card will tell you everything that's legal inside the house. It's nice. It will give you at least a great idea of what's legal, what's not legal but, the floor plan was more detailed.
Speaker 2:Does the property card also show how many bedrooms are in the? Yes?
Speaker 1:Bedrooms, bathroom. It tells you, if it's gas, what was built on everything they say they have a legal deck. It tells you everything in the property card.
Speaker 2:It's just a description, right.
Speaker 1:It's a description of the entire house Exactly. It even tells you it's HVAC gas. It's very detailed, the property card. So I recommend you guys, when you order your title report, right, of course, order your municipals, of course, check your liens, which title will always do, but make sure you ask the title agent.
Speaker 2:please order your floor plans and property car and if you're not too sure, like maybe you want to put a fence around there for the outside order also, your survey yes, I've always do a survey.
Speaker 1:People don't do service to, probably just to save money. You'd be surprised where your line is at. Guys want to wrap this up. I want to tell all the fathers happy father's day. Out there, you know, I've been noticing more fathers are coming up for the kids and it makes me happy because I'm like that with my kids. My kids are everything to me, which is levi and lexi yeah, they're my world. Happy father's day. And before I leave, I actually leave. I invited me to the school. They had like a father's day event and the teacher almost brought me tears because she told me something that my son shared with me. He told her he wants to be a businessman like his father and that touched me because I've been like begging god to please push my son to that direction. So you know, I hope God puts his hands in, like he has for my son, and pushes my son to be the next businessman.
Speaker 2:There you go and the family.
Speaker 1:That's beautiful, All right guys, thank you so much. Thank you for watching Sudo with Bias. We're here for any questions. Please like subscribe. Thank you guys. See you all till next time. Bye guys, goodbye, bye guys.