Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




BPO REO Secret System




How To Advertise Here

More Good Ideas!
real estate newsletters


Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#71847 - 05/04/05 07:35 PM Utilities
Anonymous
Unregistered


Does any one else include a contingency for the inspection that the utilities must be on?

Top
#71848 - 05/04/05 07:40 PM Re: Utilities
Dee in Austin Offline
Major Contributor

Registered: 12/03/04
Posts: 2198
Loc: Austin, TX
It's in our Texas real estate contracts that the seller needs to give access to utilities for purpose of the inspection and due diligence. Not on those words, but it's hard written into the contracts we use.

If a seller doesn't want do this, they'd have to write an addendum or change it in special provisions.
_________________________
Dee Copeland, ABR, ASR, CRS, e-PRO, GRI, SRES
Broker-Associate, Keller Williams Realty
http://www.CopelandGroupRealty.com
http://www.TexasRealtyBlog.com

Top
#71849 - 05/07/05 04:51 PM Re: Utilities
Russel Ray Offline
Moderator

Registered: 12/30/04
Posts: 241
Loc: San Diego CA
Here's some of the wording from the 2004 CAR standard residential purchase agreement (RPA-CA):

 Quote:

9. BUYER'S INVESTIGATION OF PROPERTY AND MATTERS AFFECTING PROPERTY:
A. Buyer's acceptance of the condition of, and any other matter affecting the Property, is a contingency of this Agreement as specified in this paragraph and paragraph 14B. Within the time specified in paragraph 14B(1), Buyer shall have the right, at Buyer's expense unless otherwise agreed, to conduct inspections, investigations, tests, surveys and other studies ("Buyer Investigations"), including, but not limited to, the right to:
(i). . .
(ii). . .
(iii). . .
(iv). . .
(v). . . . Without Seller's prior written consent, Buyer shall neither make nor cause to be made: (i) invasive or destructive Buyer Investigations; or (ii) inspections by any governmental building or zoning inspector or government employee, unless required by law.
B. . . . Buyer shall give Seller, at no cost, complete Copies of all Buyer Investigation reports obtained by Buyer. Seller shall make the Property available for all Buyer Investigations. Seller shall have water, gas, electricity and all operable pilot lights on for Buyer's Investigations and through the date possession is made available to Buyer.
Some more interesting wording:

 Quote:

11. BUYER INDEMNITY. . . . Buyer shall: (i). . . (ii) Repair all damage arising from Buyer Investigations. . . Buyer shall carry, or Buyer shall require anyone acting on Buyer's behalf to carry, policies of liability, workers' compensation and other applicable insurance. . . .
Lots of good wording has been added since the 2001 contract that I last read word for word.

A lot of this can be used for good marketing to keep the "I-was-a-Blockbuster-clerk-yesterday-and-a-home-inspector-today" from disparaging the home inspection industry, which still happens here in San Diego since California has no home inspector licensing.

Top
#71850 - 05/10/05 05:37 AM Re: Utilities
B4U Close Offline
Member

Registered: 01/08/05
Posts: 44
Loc: Georgetown, KY
Ah Russel,

Disparaging those poor Blockbuster clerks again!

Erby
_________________________
Redding Real Estate

www.b4uclose.com

Top
#71851 - 05/10/05 09:13 AM Re: Utilities
Russel Ray Offline
Moderator

Registered: 12/30/04
Posts: 241
Loc: San Diego CA
And yet my best employee is a former Blockbuster clerk. I hired him away from Blockbuster, and Blockbuster keeps trying to hire him back.

Top
#71852 - 05/11/05 08:32 PM Re: Utilities
Alan From Florida Offline
Veteran Member

Registered: 05/10/05
Posts: 906
Loc: Tampa Bay Florida
Las Vegas Real Estate
Every contract is different. The ones I use have very explicit wording. When I represent a buyer the contract I use says the seller will have utilities and electrical on for buyer inspections and will be left on till buyer completes their final walk through just before closing.
_________________________
Alan Plager E-Pro
Prudential Tropical Realty
Over 2500 Units Sold
Please click here to request my list of reo and or investment properties

Top






Moderator:  Inspectorjeff 
Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Ideas!
real estate newsletters




How To Advertise Here

Sponsors

Newest Members
JakeRoberts, JaneLee, CourtneyFields19, toorgeman123, D best Realtor
21441 Registered Users
Who's Online
7 registered (6t8ssgirl, HONEY, CandyMan, LVNV REO GAL, barb43, 2 invisible), 122 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 79
KingofBPOs 56
Brit16 51
DueDiligence 36
super realtor 36
Bigtoe 35
Averis 34
johnnyloans 33
SoldWithVideo 32
Kjmendy 29
RIzwan 29
Scintillion 25
75Corvette 24
Doin' bpose 24
Brad - W4BJM 22
(Views)Popular Topics
No new orders today 4758874
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2709035
Stupid MLS comments. 959200
EML 458010
Evalonline 299690
What do you know about Froy Candelario, top agent in USA 291128
Land America 285007
New HUD Listing Brokers---Any Update? 269853
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 239470
Stupid QC comments and BPO requirements. 230919
Is there religious content in Buffini class? 225927
FARVV 177251
REOTRANS 160826
Let's talk about our cars 147926
USRES / RES.NET 147658
asset val seminar in colorado 144141
AVM Bpos 139643
FARVV 126764
PAS 118332
Featured Member
Registered: 09/16/05
Posts: 431

How To Advertise Here


This site presented by RNC Internet Services