Around here most of the bank owned (foreclosure) properties have been winterized and all the utilities are off. In the case where a buyer makes an offer that is accepted and they want the home inspection completed who is responsible for de-winterizing the property and getting the utilities turned on? Also, is there a cost to have this done?
I can only answer what happened to my clients on the purchase of a HUD home, the clients had to pay for the utilities to be turned on for an inspection, with hefty deposits to the utility companies, I was glad they did buy the home because it could have been a large expense to them. HUD requires the clients/buyers to pay for the utilities to be turned on and the agent must be there at the time of the utility company arrival.
My guess and that is all it is, is that it would seem to fall to the buyer.
In Michigan it is sometimes the seller, sometimes they state it is the buyer. Just depends
As a home inspector I've done more than my fair share of inspections on home that have been foreclosed and usually trashed. Here in Pa the cost always falls on the buyer. Usually there are deposits involved in getting the utilities turned on. The Realtor either gets a handyman to be around when the utilities are turned back on or arrangements are made with the home inspector if he/she is qualified and insured to do it.
Stacey,
I believe in Jersey if you want to have a house dewinterized for inspection....the buyer must pay to have it de-winterized and re-winterized. It's just the cost of doing business.
Have a great day and
Make This YOUR Best YEar Ever
LEander
My buyer had to pay a plumber to dewinterize the plumbing and the seller/bank was responsible for turning on the electricity with no cost to my buyer.
Hi Stacey-Ann, Most of the listing comments I seen indicate that the buyer will pay to have it de-winterized..usually between $175.00 and $200.00....!!
What does the contract and bank addendum say? Usually the contract will state that the seller must have all utilities on for the buyer inspections.
Stacey-Ann - I believe the cost usually falls to the buyer, but I think each case is different. :)
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