They want the mortgage statement to go to the house and they want to see utilities established in your name for the property.

Has anyone had any experience purchasing a bank owned property where the bank will not cooperate with turning on utilities?

They are not only a commodity but also utilized to add value to society and offer a lot of the downside risk hedging while still offering some level of real return.This is a bit cryptic and dodgy of an answer, but I hope it is at least of some help

This liability policy is really to protect me, however, if something really bad were to happen on this property, this insurance would be utilized in a defense, which would also protect the owner of the home.

Utilities is one easy way and there are others.And yes, they may be keeping a more watchful eye on your loan knowing you are wanting to sell.

I'll check with some lenders - but based on my research on the internet - it seems everything is up to the appraiser to deem it as a accessory unit vs. an accessory dwelling vs. a second unit (i seems it might depend on whether there are separate utilities)FWIW: I checked with the town and the apt has a CO - can I assume that it is indeed a legally inhabitable and rentable apt?

If all else fails, you could consider utilizing a skip trace service such as TLO.com or accurintOnce you have their information, reach and out touch them with a marketing piece or phone call.

Even if you go to 55% expenses due to the utilities being included, NOI of 12,960.

I also utilized other free resources such as the local library, blogs, and free online classes.

The land of a vacant mobile home pad is worth $0.The 60x (off city utilities) and 70x (on city utilities) multipliers of monthly rent are correct.The correct way to value a MHP is the lot rent multiple, plus the FMV for the individual mobile homes (not a multiple of their rent). 1970s 'beater' MHs might be worth $1,000 - $2,000. 2000-and-newer MHs might be worth $20,000 - $25,000.