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Reading an Electrical Meter for Closing.

By
Services for Real Estate Pros with Quantum Group Commercial - Residential - Lease Seattle, WA

I was recently asked by escrow to read the electrical meter for the closing of a transaction of a Shortsale in Seattle, WA.

Often times Escrow will have this done by the Utility company before closing, but in this case, The seller (the Bank) and the new buyer needed to have this done.

With the information on how to read this meter, Can you write your comments on what you read this at?

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Reading an Electrical Meter for Closing.   © 2010  By Sonny Kwan All Rights Reserved

 

Geoff ONeill
John L. Scott Medford - Medford, OR

First time I've heard of that request.  Usually they shut the electricty off just before close.

Mar 01, 2010 03:47 PM
Carol Pease
JP & Associates Realtors - Bastrop, TX
CRS, Broker-Associate 512-721-6320

I read 91398, but who knows.  I've read many a meter,  but I'm not usually the one who pays the bill at closing, so I don't know if my readings have been right. 

Mar 01, 2010 03:52 PM
Sonny Kwan
Quantum Group Commercial - Residential - Lease Seattle, WA - Mercer Island, WA
206-819-8228

Carol, It looks like 91398, but since the fourth meter has not yet reached or surpassed the 0 . it is still 912XX. Good try.

Mar 01, 2010 04:07 PM
Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

Why do you need to have this info in the closing?  I don't understand.  Here the transfer of service is clearly a separate activity.

Mar 01, 2010 06:09 PM
Maya Thomas, Broker
Tampa, FL
Please see my client recommendations.

I get 91398... huu?  I'm getting all kinds of unusual requests from out of town title companies today.  The local title companies take care of EVERYTHING.

Mar 01, 2010 08:57 PM
Sonny Kwan
Quantum Group Commercial - Residential - Lease Seattle, WA - Mercer Island, WA
206-819-8228

It's the smaller escrow company who requested this work. and a bunch of non sense stuff that was asked of me. NOTE to self and other realtors, When taking a listing, input that you want the title and escrow to be at the company of XXXXX title and escrow, and Maya, it is not 91398

Mar 02, 2010 03:03 AM
Morgan Evans
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

I'm confused looking at that meter, I don't know what I'm looking at.  Why cant it be digital.

Mar 05, 2010 12:41 AM
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

One of the nice things about NYC is that we don't have meters to read, thats nice of you to do this to get the deal done.

Mar 05, 2010 12:49 AM