'Uruk-Hai said:
If I'm buying, and there's electrical/plumbing/HVAC/structural work done without a permit (because I will ask) I'm probably not as interested.
Get the permits. For a few hundred bucks, the peace of mind is worth it. Hell, forget the resale stuff - you've got a kid coming, right?
We're gonna
pull the permits here, gang. Contractor reports he went down to village hall and spoke to them. They seemed surprised and said that most people don't bother.

But he spoke to the inspector and they were pleased we're doing it. He said it'll cost us a good 5 hundo for the permits we need, but it will only slow the job a few days and we'll be square. Additionally, to the extent the wall he is taking down ends up being load-bearing (he doesn't know yet), he will have to get an architect in to approve, but it shouldn't be much trouble at all.You're right -- well worth the peace of mind.