When to Transfer Utilities When Buying a House?

When Should You Transfer Utilities?

Conduct any transfer of fund a minimum of 2-3 weeks before closing date. This provides utility firms with enough time to book appointments, particularly when technicians have to pay a visit to the premises to install or activate services.

Here is a break down of your utility timeline:

3 Weeks Before Closing

• Write down all of the utilities that you must transfer (electric, gas, water, trash, sewer, internet, cable, etc.).
• Call the individual provider to transfer a service or open a new account.
• Notify your present utility companies of your move out date.

1 Week Before Closing

• Make sure to confirm everything regarding the appointments of services.
• Make sure accounts will be activated at the closing day or day before move in in your name as duplicate confirmation.
• Set up anything you have to put up as collateral or paperwork.

Closing Day

• Read meters (in case available).
• Ensure that the transfer of services has been effected.

What Utilities Should You Transfer?

Here’s a checklist of common utilities to transfer:

• Electricity
• Natural Gas
• Water and Sewer
• Trash and Recycling
• Internet and Cable
• Home Security Systems (if applicable)

In certain communities or HOAs the association fees may cover utilities such as trash and water. When or how to be clarified by your real estate agent or seller always.

Tips for a Smooth Utility Transfer

Know the Local Providers: You might have single service suppliers in each region. Do some research prior or inquiry to your agent.

Keep a Utilities Folder: Keep all of your confirmation email, account numbers and service begin dates in one place.

Transfer, Don’t Cancel: If you live locally you may also be able to transfer your existing services instead of cancelling and opening new accounts.

Ask the Seller for Info: Get info by contacting the Seller and asking a list of current utility providers and recent bills to estimate monthly costs.

Plan for the Unexpected:  Utilities should be scheduled well ahead of time, at least a day prior to your move in to ensure that the activation process is timely.

What Happens If You Delay?

Delaying too much will bring about the effects of moving to a house that does not have basic facilities. Picture this worst of all, you will be charged a reconnection fee or even increased deposits when service lapses take over. It is also possible that some providers will require the appointment of technicians several days in advance as well, in particular cases such as of the internet or gas.

Final Thoughts

Moving utilities is not the most exciting side of purchasing a home, but is among the most crucial. Proper planning makes the moving process a stress-free experience and it also makes it possible to begin your new life with the wheels already in motion.

So, mark your calendar. You want to start the process to transfer utilities no less than three weeks prior to closing on the house, and ensure all services are up when you turn over the key. Get even a small amount of planning done and save yourself plenty of grief.