While researching properties I have come across quite a few listed with: “All utilities are master metered.” I assumed this means that the utilties are on one meter. The way it was listed it was almost as if this was a benefit to the buyer.
Is my assumption correct? Is this some slick new term with which realtors try to turn a fault into a feature?
Tgauchsin
YES
Mike
Thanks again Mike,
One more property to pass on.
Tg
Amen! The very last thing you need is to drive by your property on the coldest day of the winter; see the windows wide open; and know that you’re paying that bill! Yikes!
Mike
Amen. I don’t, and I will not, pay any utilities on any of my properties. Actually, I do trash to make sure it gets done. If they are not split I lower my offer to compensate me for having to absorb the cost of splitting them myself, which will run into the thousands.