Anyone here bought a repo before?
Bizarrely no-one i know seems to have any experience with repo's. I am due to complete later this month on a house which appears to have a gas meter and electricity meter installed, and has obviously been lived in before. The water supply is unmetered.
As it stands the house is obviously switched off, and on viewing i was not allowed to test anything as it was off by order of the mortgage company who owned it. The water system is completely drained down and the boiler is obviously completely off.
What are my chances of just flicking it all back on via the main taps/switches and it working? Has anyone here got experience in what state the utilities are likely to be in?
Bizarrely no-one i know seems to have any experience with repo's. I am due to complete later this month on a house which appears to have a gas meter and electricity meter installed, and has obviously been lived in before. The water supply is unmetered.
As it stands the house is obviously switched off, and on viewing i was not allowed to test anything as it was off by order of the mortgage company who owned it. The water system is completely drained down and the boiler is obviously completely off.
What are my chances of just flicking it all back on via the main taps/switches and it working? Has anyone here got experience in what state the utilities are likely to be in?