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Updated almost 8 years ago on . Most recent reply

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Daniel Florence
  • Cumming, GA
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HUD Inspection - No Power

Daniel Florence
  • Cumming, GA
Posted
I'm looking at making an offer on my first investment property which is HUD home. The listing agent said there is no power and the power will not be turned on for the inspection. Is this typical for a HUD inspection? What are some the risks with having an inspection w/o the power? At this point the numbers make sense, but I'm hoping to get some feedback from seasoned investors on this one. Thank you!

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Anthony Vann
  • Investor
  • Hampton, VA
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Anthony Vann
  • Investor
  • Hampton, VA
Replied

When you click on the house in the HUD website it should take you to a page with multiple tabs. One of those tabs is where HUD does their own inspection so you should already have an idea of what the issues are. It's called the property condition report I believe. They test the electrical, the plumbing, the HVAC, and if it doesn't work it's usually on that report. With that said, in my area, HUD always allows you to do an inspection. But as an investor you can't use that inspection to get your EMD back and they make it difficult to get out of the purchase unless HUD approves your reason.

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