Opportunity, You must sign in or register to leave a comment, Intero Real Estate Services - Sunnyvale, CA, Coldwell Banker Sea Coast Advantage - Southport, NC. Just think of letting a house sit with no gas heating during December. Some municipalities may require the seller to pay … that are written by the members of this community. It’s easy, really: just follow this moving house utilities checklist to learn how to change utilities when moving house in 10 simple steps. Fair Hill Farm Homes For Sale | Olney, MD - October 2019, Reserve At South Riding Homes For Sale | Chantilly, VA - October 2019, Poland Homes For Sale | Chantilly, VA - October 2019. [TOP SELLING] Homes in the Willow Lawn Cottages: Is Yours Worth More? Buyers - Transfer your utilities before closing! Fair Housing and Equal When it comes to general utilities, like electricity, gas, cable, phone, TV, sewer, and water, in most cases, the sellers cancel their service and the new buyers set up their new service. Common utilities you'll need to transfer or turn on are: In most cases, you can call ahead of time to schedule the transfer for the day of closing. Q: I am selling my home, and we close next week. That is the worst thing imaginable, especially if it’s really hot or really cold outside. Yes...We have them ready to change over...but do not do it until the recording.. Elite Home Sales Team OC - Corona del Mar, CA, Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY, Search Vienna Homes For Sale - Northern Virginia. Peggy, great reminder. I googled this question because I’m in the same situation. The closing was your leverage. Possession of a home typically transfers from seller to buyer at the time of closing, but sometimes a homebuyer will ask the seller to grant early possession before closing occurs. For some reason, home sellers and home buyers really mess up the transfer of utilities. Now, I make sure to remind all of my buyers to transfer their utilities! Find VA real estate agents The buyer may forget to have the utilities switched to their name on closing day and then the utilities may get turned off. and Vienna real estate The transfering of utilities is something we need to remind our sellers of after all sales. [TOP SELLING] Homes in the Winchester City: Is Yours Worth More? Buyers - Transfer your utilities before closing! The bitter truth is that you simply forgot to transfer your utilities before the move. on ActiveRain. Your buyer does not want to come to their new home and find frozen and busted pipes because the furnace was off. level 1 Disclaimer: ActiveRain, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. Hi Peggy, Yup I agree that there is a whole bunch of things going on when getting a deal closed and reminding your clients to transfer utilities is not at the top of the list, but once you stung it will be duly noted for the next closing ;). Keep in mind your first utility bills may be higher because of transfer fees or deposits required by the utility companies. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them Especially if the temps are below freezing. [TOP SELLING] Homes in the Smithfield Farms: Is Yours Worth More? I made the mistake once of not reminding one of my clients to transfer their utilities, only to get a call from them a few days after closing wondering why the power was off. It was up to you to make sure that the buyer had assumed the lease before the closing. Admist the flurry of things to do before closing, one important item on any buyer's list is to make sure the utilities are transferred. Admist the flurry of things to do before closing, one important item on any buyer's list is to make sure the utilities are transferred. Home buyers responsible for setting up utilities before closing Real Estate Matters May 14, 2016. © 2020 ActiveRain, Inc. All Rights Reserved Fair Housing: ActiveRain, Inc. takes no responsibility for the content in these profiles, But isn't that the buyer's problem? Sometimes, the seller has them turned off weeks in advance of the close. Your Southport~Oak Island Agent~Brunswick County! Switching utilities when moving is no fun but it’s an important thing you just have to do to avoid the unpleasant post-move scenario described above. make an informed decision when buying or selling a house. If you are unsure of which utilities you need to transfer, ask your buyer's agent to contact the listing agent for the utility information. Home buyers responsible for setting up utilities before closing Real Estate Matters May 14, 2016. How to Transfer Utilities from Seller to Buyer. Log into your electric/water/gas acct, request a transfer of service to another property, set your start date at the new property, and set your end date at your current property. I like to have them overlap in case anything comes up or in case I get lazy and take longer to move out/in. However, I am the seller and not the buyer. I made the mistake once of not reminding one of my clients to transfer their utilities, only to get a call from them a few days after closing wondering why the power was off. Giving your clients all the contact info in advance, sure helps avoid hassles the week after. Are you sure you want to report this blog entry as spam? I told the electric company to leave the utilities on for one week after our closing date, which gives the buyers a full week to transfer the electric account to their name. Northern VA Real Estate & Market News | Peggy Yee & Associates, www.fairfaxva.gov/utilities/utilities.asp. We close in the 3rd of May, but I told the electric company to leave the utilities on until the 9th of May, which gives the buyers a full week to transfer them into their name. Find local real estate meetups and events in your area. What's the reason you're reporting this blog entry?
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