The problem with buying a repossession is that generally the tenants will know they are due for eviction. You can tell that the general maintenance in the house we bought had been allowed to slip, even though it is only seven years old. When buying a repossession, or any house for that matter, it is worthwhile remembering you don't know who has a copy of they keys. Add to the fact that a repossession was probably involuntary and the ex tenants may not be happy about it. It may be a pessimistic view of people, but they are your possessions.
Our experience with conveyancing, getting services back on and bringing it back up to standard.
Showing posts with label First Steps Of Owning A Repossession. Show all posts
Showing posts with label First Steps Of Owning A Repossession. Show all posts
Thursday, 7 June 2012
Utilities And The First Steps Of Owning A Repossession House
Today has been absolutely crazy with everything that has been going on. It is really too much for a single post so I will be breaking things down into the following posts over the next few days! I hope that one day this helps someone else buying a repossession when they do it. If not, it will be a great reminder for us when we think about moving.
So, here are what we sorted today:
So, here are what we sorted today:
- Security: Changing The Locks And Resetting The Alarm
- Insurance: Getting The Property Insured (Building and Contents)
- Utilities: Gas and Electric
- Utilities: Water
- Being Prepared - Essentials For Moving In And First Steps
- Being Safe - Gas and Electric Tests
- Council Tax and The Electoral Roll
- Meter Readings For Utilities
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