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Satha Palani
  • Investor
  • Newark NJ
61
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104
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Winterized REO inspection

Satha Palani
  • Investor
  • Newark NJ
Posted Jan 26 2015, 20:16

Hi,

My offer on a REO duplex just got accepted. I have 10 days to inspect and decide if i want to proceed. The house is currently winterized and the contract states that i am responsible for re-winterizing if I de-winterize it to inspect. Both kitchens and bathrooms will need to be totally remodeled. There may be additional water connections in the basement. Any advice on whether I should de-winterize and inspect? How much would it typically cost to de-winterize and re-winterize?

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