08_til_infinity
New Contributor
- Joined
- May 27, 2008
- Messages
- 32
Rep Bank
$120
$120
User Power: 16%
In the process of Buying and Selling a home who is responsible for turning on the utilities so that an inspection may be performed.
Our contract (offer paperwork) states:
Buyer shall have an inspection period of 10 days, commencing the first day after acceptance of this agreement wherein, buyer may, at Buyers expense, have any inspections made by experts or others of his choosing. Such inspection may include, but are not limited to, inspection for termites molds, fungi hazards, appliances, structures, foundations, roof heating, cooling, electrical,plumbing systems, utility and sewer availability, out buildings, square footage, school district, flood zone classifications, current zoning and subdivision restrictive covenants. SELLER agrees to provide the utilities for inspections and immediate access. If Buyer is not satisfied with the current condition of the Property as reflected in the inspection reports:
Option 1: Buyer may elect in writing to, to terminate the Agreement and declare the Agreement null and void;or
Option 2: Buyer may indicate in writing the deficiencies and desired remedies and SELLER will have seventy-two (72) hoursto respond in writing as to SELLER's willingness to remedy those defieciencies ("SELLER's Response").
We are in the process of buying a home that has been vacant, with utilities off, for over six months. In order to have the uitilities turned on to perform inspections the utility company needs a letter from an electrtion stating it is okay. We are being told we the seller must hire and pay an electrition in order to get the utilities turned on. We believe this is the SELLER'S responsibility.
Does anyone have any advice or experiance regarding this matter?
Our contract (offer paperwork) states:
Buyer shall have an inspection period of 10 days, commencing the first day after acceptance of this agreement wherein, buyer may, at Buyers expense, have any inspections made by experts or others of his choosing. Such inspection may include, but are not limited to, inspection for termites molds, fungi hazards, appliances, structures, foundations, roof heating, cooling, electrical,plumbing systems, utility and sewer availability, out buildings, square footage, school district, flood zone classifications, current zoning and subdivision restrictive covenants. SELLER agrees to provide the utilities for inspections and immediate access. If Buyer is not satisfied with the current condition of the Property as reflected in the inspection reports:
Option 1: Buyer may elect in writing to, to terminate the Agreement and declare the Agreement null and void;or
Option 2: Buyer may indicate in writing the deficiencies and desired remedies and SELLER will have seventy-two (72) hoursto respond in writing as to SELLER's willingness to remedy those defieciencies ("SELLER's Response").
We are in the process of buying a home that has been vacant, with utilities off, for over six months. In order to have the uitilities turned on to perform inspections the utility company needs a letter from an electrtion stating it is okay. We are being told we the seller must hire and pay an electrition in order to get the utilities turned on. We believe this is the SELLER'S responsibility.
Does anyone have any advice or experiance regarding this matter?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today