SOS Light Brigade: Forget the Grid, Leave Your Electricity On for Inspections From Now On!

Share News:

Electric gridNow for a bright Dallas Real Estate message from one of our readers, Dallas Realtor Lance Blann:

CANDY: I’ve met an appraiser on each of the past two days on listings about to close and there is a new appraisal item you need to know about. Please remind/instruct your sellers, agents or tenants, to leave the electricity ON until after the appraisal has been completed.

Why? There is a new guideline/requirement in place that requires the lights to be on during the appraiser’s visit. Especially for FHA appraisals.

If the lights are not on, this can cause your appraisal to be kicked back and delay closing. Underwriting may require the appraiser to come back out and take photos again after the electricity is back on. And they will charge a fee to return to the property also.

In the busier months, getting electricity service can take up to a week.

Two appraisers in the last two days have told me this, so I’m making this standard practice, and wanted your readers to be aware, too.

Thanks Lance!Lance Blann

 

mm

Candy Evans

A real estate muckraker, Candy Evans is one of the nation’s leading real estate reporters. She is also the North Texas real estate editor for Forbes.com, CultureMap Dallas, Modern Luxury Dallas, & the Katy Trail Weekly. Candy has written for Joel Kotkin’s The New Geography, Inman Real Estate News, plus a host of national sites. Constantly breaking celebrity real estate news, she scooped former president George W. Bush's Dallas home in 2008. She is the founder and publisher of her signature CandysDirt.com, and SecondShelters.com, devoted to the vacation home market. Her verticals have won many awards, including Best Blog by the venerable National Association of Real Estate Editors, one of the nation’s oldest and most prestigious journalism associations. Candy holds an active Texas real estate license but does not sell. She is on the Board of Directors of Braemar Hotels & Resorts (BHR).

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *