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Updated over 10 years ago on . Most recent reply

User Stats

19
Posts
2
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Jeff Formeller
  • Kildeer, IL
2
Votes |
19
Posts

"No Heating or Water being turned on for appraisals or inspections"?

Jeff Formeller
  • Kildeer, IL
Posted

I have been searching around for a couple months in attempt to find my first rental property to buy, and have found a foreclosure that I think has a lot of potential. However, the listing says:

"Water and heating system will not be activated for inspections and appraisals"

I am sure that this question is posted somewhere in the forums, but I was not able to locate it and wanted to see if this was common, and/or if this should be a concern?

My initial thought process is that:

A. I would have to pay to have these turned on myself for inspection/appraisal, or

B. There is something wrong with one or the other, or both.

Any insight? I am new to investing and this would be a great learning experience to hear some answers. Thanks!

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