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Updated about 12 years ago on . Most recent reply

User Stats

603
Posts
130
Votes
Adam Craig
  • Investor
  • Cleveland, OH
130
Votes |
603
Posts

Need help on final steps of first deal.

Adam Craig
  • Investor
  • Cleveland, OH
Posted

I am purchasing a foreclosure that has been accepted for 50K pending inspection. I was able to get the electric and gas turned on but the water company is being difficult -

First, there is no water meter in the basement. Second - the water company wants the deed to be in my name to turn it on, they are terrible to deal with.

So I am very fearful of purchasing the house without getting it dewinterized and getting the water one. This house has been winterized for 2 years!

What do I do? I am going to put around 5K already and I am willing to put more because it is a great deal. Is it too risky to purchase without getting the water on? What kind of costs could I be looking at with leaks ect...

Most Popular Reply

User Stats

239
Posts
106
Votes
Sam W.
  • Investor
  • Northeast, OH
106
Votes |
239
Posts
Sam W.
  • Investor
  • Northeast, OH
Replied

Steve Babiak is spot-on...a pressure test (dry test) is actually better than simply turning the water on and waiting for a flood. Plumbers can do it right at the spot of the missing meter.

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