Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

72
Posts
14
Votes
DAVID GAGE
  • Handyman
  • THUMB, MI
14
Votes |
72
Posts

Winterization issues with my first HUD

DAVID GAGE
  • Handyman
  • THUMB, MI
Posted

Well we closed on our 4th foreclosure this week. This one being our first HUD. The others have all gone off without a hitch. We had our HVAC guy come out to fire up the heat and got some very bad news. The house has baseboard steam heat well there was several lines burst which is not a big deal but time consuming, then the pump was cracked. still just a bump in the road. Then we find out the boiler itself had burst. We also found the water meter to have burst. Another issue I have is I was charged $140 for a locksmith fee at closing to have the locks changed. I get there and only one key and it only works on one door. So now I'm getting Pissed and starting to wonder if these contractors really give a crap. The house has stickers and signatures everywhere from the inspectors and the contractor that winterized the house even left his business card on the counter............My question is would I have any recourse and whats the probability that I would ever see any restitution?.........boilers 20 yrs old so I don't feel so bad....just can't tolerate half a$$ work.

Most Popular Reply

User Stats

5,691
Posts
3,436
Votes
Chris Martin
  • Investor
  • Willow Spring, NC
3,436
Votes |
5,691
Posts
Chris Martin
  • Investor
  • Willow Spring, NC
Replied
Originally posted by DAVID GAGE:
Well we closed on our 4th foreclosure this week. This one being our first HUD.

Well... not really. Your HUD property went through foreclosure (courthouse action) many months or possibly even a year prior to the HUD sale. You already know the short answer... get an inspection on HUD/REO purchases if you are not fully inspecting all the systems with a qualified contractor before you bid. Alas, can't do that with a foreclosure.

Loading replies...