Benefits of Knowing Your Utilities Before Moving In

UtilitiesBuying a home is a big decision and one that should be taken lightly. While you’re following through your due diligence and moving forward in finding your dream home, there is a lot of information to digest. One important factor many homebuyers overlook, or ignore, is asking about utilities.

Now is the time to ask the seller’s agent for the last year utility bills. Although the seller is not obligated to give you this information, it never hurts to ask. Plus, it will help you establish a realistic budget on what you may pay on your monthly utility bills. In addition, if the utility bills come back on the high side and are out of your price range, you have time to walk away.

If you’re still good on moving forward with purchasing your home, once you’re in the final stages of closing on the home, now is the time to transfer the utilities under your name. Before you do this, ask your real estate agent about when the best time to do this is.

To keep the transferring process simple and quick, here are 5 simple tips to follow:

  1. Determine your shut-off and activation dates.
  2. Have your account numbers in front of you when you call.
  3. Pay any balances that may be lingering.
  4. Provide a forwarding address.
  5. Check all your features after activation.

Want more tips for making the transfer process easier, check out this article by Unpack.com. What are some things you wished you’d known before buying your first home?