Buying a Winterized Property

Water can be the biggest enemy to a property...in warm temperatures leaking water can cause mega damage, including dangerous mold growth...in cold temperatures frozen water can cause broken pipes and fixtures.

Properties that are vacant during the winter are frequently winterized...both to save heating costs and to prevent water from freezing and causing damage to pipes, water heater, toilets, etc. Foreclosure properties are nearly always winterized, but just because a property is winterized it doesn't mean it is a bank mediated property.  Relocations are another common impetus for winterizing a property...it gives assurance that no damage will be done due to freezing water.

A client recently asked why there was red liquid in the toilet of a property we were viewing...that is antifreeze (usually red/pink/organge), evidence that the water has been turned off and the pipes have been drained. Usually there are also signs and/or tape over water fixtures warning people against use...especially important for toilets!

If you are purchasing a property that has been winterized be sure to include as a condition of your purchase agreement that the property will be de-winterized and the city water supply turned on before your inspection...and be sure to allow time for this in your inspection requirements, it can take several days. It is especially important to check for leaks during the inspection...in foreclosure properties sometimes pipes have been removed...or may have even cracked prior to winterizing.

If you are viewing vacant properties in the winter in the north country, also be sure to dress warmly...you will likely be spending time in some pretty cold properties!!

Comments

[Robin Smith]

Are you planning to buy a property? Then the following tips will be really helpful for you. Remember, real estate transaction can be a very complex process and if you are not well equipped with the intricacies involved, you might end up getting a bad deal.

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