A NEW WARNING FOR REO LISTING AGENTS
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Listing new foreclosed homes is hazzardous enough but now there is something else you need to look out for. I had a new listing where someone shut off the main breaker, took all the lights fixtures from the house and then twisted the hot and ground wires together and tucked them up.Because a national provider comes in to manage and service the house for this bank, they turned on the power but did not have anyone there to check it, they had turned on the main and when the electric company turned on the meter on the outside... poofIt smothered for a little while but it is a good thing the the breakers eventually popped cutting off juice.The moral of the story is listing agents should now check or have checked the wires before getting the power turned on.Updated January 10, 2011
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