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Updated over 8 years ago on . Most recent reply

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Virginia Jones
  • Rental Property Investor
  • Pulaski, VA
31
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70
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Made offer on REO

Virginia Jones
  • Rental Property Investor
  • Pulaski, VA
Posted
I made an offer on a foreclosed property. It's been foreclosed for two years. Water and power off. I'm wondering how I can be sure the water and power is functional before it's mine. I don't want to buy it and then there's a major problem that was impossible to know about.

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

With many REO's they will not allow you to have the utilities turned on, not the end of the world. Utility co.s generally require written permission from the owner to turn on utilities. Bring a good size generator, 8kw or so, and power the house to check applicants, AC, etc. Plumbers routinely do an air pressure test on the water lines, if freezing pipes are an issue.

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