plumbing: Foreclosure Inspections; Why Didn't They Have the Gas On?
- 03/06/09 12:26 PM
Many Realtors and Mortgage brokers have written articles on short sales and foreclosures. One point the haven't touched on is what is necessary to prepare a foreclosed home for inspection. When banks own the home they often (usually) have them winterized and often allow propane tanks to empty. Other utilities are usually left on. It is understandable that they would want to protect their investment as much as possible. Unfortunately, this protection makes it impossible to do a thorough home inspection. When buying (or selling for you Realtors out there) a foreclosed home, it is very important to insist that the … (13 comments)
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Many Realtors and Mortgage brokers have written articles on short sales and foreclosures. One point the haven't touched on is what is necessary to prepare a foreclosed home for inspection. When banks own the home they often (usually) have them winterized and often allow propane tanks to empty. Other utilities are usually left on. It is understandable that they would want to protect their investment as much as possible. Unfortunately, this protection makes it impossible to do a thorough home inspection.
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