REO Agents, when you go through the sometimes pain staking phone call of getting the utilites turn on at a property, pay the bills monthly without skipping a beat only to find out that when you have an accepted offer on a property, the water is not turned on?
Hmmmm, what happened!!!!!!! You have paid several months of water bills and now you are finding out that there is a blue tie on the city turn on valve....it's actually locked!!!!! This is becoming a growing problem in some area and the water company is getting away with it.
I was contacted two weeks ago by an agent that requested my reo reimbursement management services. He could not understand why he was losing money and having such a big problem with getting the services turned on and off. After auditing serveral of his water bills, I found an alarming trend by the water companies, several of the turn on valves were tagged and lock because the technician's checking device showing flowing water in the lines. Not only did they lock the valve (since march 2011), they did not leave a note or contacted the agent regarding the problem. Even worst, the agent was paying $79.51 per month for 9 meters each month that was not turning (water was not running through the lines).
Always follow-up with the utility company to make sure the services are active and working property. If not, you could be spending an extra $4,293.54!
DON'T THROW YOUR MONEY IN THE GARBAGE! ORDER, REVIEW, AND FOLLOW-UP ON THE UTILITIES.
When ordering the utilities, turn on in the following order....Electricity, Water, and Gas. Always schedule the gas turn on for the next day. If the water is not on, some gas companies will not lite the gas appliances.