Hi
I have a HSBC short sale approval to close in the next few weeks . The seller has moved out of state . HSBC had the property winterized last fall and the electric is off. Will HSBC pay to have everything turned back on ? Thanks again ! Jeannie
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I ALWAYS add that the buyer has to turn them on if they need them for inspections, etc. Part of the contract
Hi Jeff
They did the inspections Do they need to be on for the closing ?
In NY we do inspections before going to contract
Thanks so very much !!
Jeannie
I dont see why they need to be on if you already did inspections, is appraisal done?
HSBC does not own the property. Seller/Buyer or agent will need to have them on. Final walkthrough does not need utilities as you are checking to see the physical structure of the property to make sure that it has not been vandalized or burned down before taking ownership.
Actually our contract says that the utilities need to be on for walk thru. We require the buyer to sign that they will turn utilities on if they need them turned on. As an agent who does alot of transactions, I wont turn utilities on for a short sale, been there, done that and wont do it again.
Amen! Haha
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