Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply

HUD Inspection - No Power
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!
Most Popular Reply

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.