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Updated about 6 years ago,
REO Inspection Period, Who Turns on Utilities?
I have a 4 plex under contract. It is a REO. It's not a perfect gem, however it's not a total dump either. I'm wanting the utilities turned on for my inspection. The listing agent for the bank is really pushing back, saying I need to contact the utility companies and have them turned on. I like to think this is his job. From conversations I've had with utility companies, if you don't own the property, they're not going to honor your request to turn them on.
Who's right, me the buyer, or the listing agent/bank? I think it's one thing to say, "sorry, no utilities", but it's another to have me figure it out (and I'm pretty sure I can't).