How to Buy a FNMA foreclosure
Dewinterization after the close of the purchase.

How to Buy a FNMA Foreclosure - Dewinterization after the close of the purchase.FNMA properties are “winterized” during the winter (Sept 1 - May 1.)
Winterization is when the water is turned off at the supply in the street, pipes are drained and blown out with air, and biodegradable antifreeze is put in all the drains. Here are directions for dewinterizing the property after the close of the purchase.

1.  Make sure that all of the valves and faucets (including exterior hose bibbs) are in the off position (or closed). Make sure that both the hot and cold lines are securely attached to the hot water tank and that the How to Buy a FNMA Foreclosure - Dewinterization after the close of the purchase.release valve at the bottom of the tank is tightened. This will ensure that water is not flowing onto the floor or walls when the water is finally turned on.

2. Turn on water at the street meter. When the water is on, the dials on the meter should spin, but just enough to fill the water lines to the house and possibly inside of the house. Excessive water flow may indicate a leak or open valve. It is recommended that the water be shut back off if water flow is more than expected so an interior inspection for possible leaks can be done.
How to Buy a FNMA Foreclosure - Dewinterization after the close of the purchase.
3. Turn on the water to the house at the inside shut off valve if necessary. The shut off inside the house is usually located in the garage. If the shut off valve is not found in the garage, it may be located inside of the house in line with the meter at the street.

4. The valves to each toilet, to the hot water tank and other fixtures can be turned on and tested. When you turn on the valve to the toilet (located below and to the back of the toilet) you should hear water running to fill the toilet tank.
How to Buy a FNMA Foreclosure - Dewinterization after the close of the purchase.
5. The hot water tank must be completely filled before it can be activated (whether electric or gas) or damage will be done to the heating mechanisms. The sound of running water into the tank will be apparent. When the sound of running water stops, the tank is full. The tank may take 15 minutes or more to fill up.

6. Once the water tank is full, an electric water tank can be activated by making sure the electrical connections are hooked up or turned on at the tank (no wires exposed) and then the breaker at the panel for the hot water tank can be turned to the “On” position.
How to Buy a FNMA Foreclosure - Dewinterization after the close of the purchase.
A gas water tank can be activated by following the directions that are printed on the tank. A flame from a match or lighter may be necessary to light the pilot. Within 30 minutes, it should be apparent that the tank is indeed heating the water.

Congratulations on the successful purchase of a FNMA owned home! The WINTERIZATION ensured that no pipes burst and no damage was done during the cold months when the home vacant and on the market for sale.

Now that you have DEWINTERIZED it, you can move in and enjoy your new home!

 

 phillengteam.com

The Phil Leng Team

206-409-6600

pleng@kw.com

http://www.ilovekirkland.org

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3 Comments on How to Buy a FNMA Foreclosure - Dewinterization after the close of the purchase.

MAR
27
2011
537,918 Points 6 Featured Posts Outside Blog Called Shot Master

Good Morning Phil, an excellent list for the buyer to follow after purchase.
4:33am • #1
479,483 Points 59 Featured Posts Outside Blog Called Shot Master

Don't forget to tell the buyer to "check for leaks for a couple of months".

Best of luck, clint McKie
5:20am • #2
556,002 Points 31 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Dan - Thanks. It is a bewildering task for someone who has not done it before!

Clint - input from an expert! Thanks so much...
10:56am • #3


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Phil Leng Team Residential Real Estate Experts & Bank Owned Property Experts

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