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LyNX31
09-27-2007, 03:09 PM
I am trying to purchase a foreclosure... My real estate agent is telling me that the selling agency is charging $150 to do an inspection on the property (This is not part of the Inpsector cost) They are having the village turn on the water, but not the gas... My agent tells me that they are not going to turn on the gas. My question is, is it not their responsibility to turn on the gas before an inspection is done or do I have to go to the gas company and put the gas under my name temporarily? Please offer advice.

Thanks in advance!

IggysListing
09-27-2007, 03:53 PM
What kind of foreclosure is it?
It is not uncommon to sell one as is.
There also can be many legal ramifications of turning the gas on.

creativeagent
09-27-2007, 05:04 PM
A lot of times banks (the one's who own the foreclosed property) will include addendums to the sale of their property. These addendums usually say that the bank has never lived at the property and make no claims to the general condition. The addendums will also usually tell what the bank will and will not do as far as inspections, missing closing dates, paying of transfer taxes, etc.

Ask your agent if the bank has these addendums and have him/her explain what's in them. If there are no addendums, then revert back to the original sales agreement. Ours (in Pennsylvania) has a section on inspections and it says that the seller must have all of the utilities turned on and available for a home inspection.