Foreclosure in Chicago>Question Details

Anton Sharpe, Real Estate Pro in Matteson, IL

How necessary is it to winterize a condo if the association is responsible for the heat and water?

Asked by Anton Sharpe, Matteson, IL Tue Nov 13, 2012

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Peter Kedzior’s answer
99% of condo winterizations make no sense because contractors who are hired for this job do NOT turn the main water supply to the unit. So, in theory, if the tempature drops below freezing (which of course never happens if the heat is working), the pipes would still burst. This type of winterization is pathetic and generally waste of time and money but banks still order them and fund it with taxpayers' money they received as a part of the 2008 bailout. Anybody still remembers that?
0 votes Thank Flag Link Wed Nov 14, 2012
Winterize it and add extra security to the egress doors.

Erik Sachs
RpV Realty LLC
Cell 773/368-5515
Email esachs@rpvinc.com
0 votes Thank Flag Link Tue Nov 13, 2012
Dont take a 100 chance that can turn into thousands. Just winterize it.
0 votes Thank Flag Link Tue Nov 13, 2012
If it could freeze if the heat and hw are off, then it should be winterized. You could contact the HOA who could easily take care of this as well as monitor your unit when you are away.
0 votes Thank Flag Link Tue Nov 13, 2012
They are not responsible for a broken pipe. I support David, Are you feeling lucky? Pipes break even when the heat is on.
0 votes Thank Flag Link Tue Nov 13, 2012
Are you feeling lucky? The association sia acting as your agent in this situation, and while you may have recourse with them if they fail to perform as your agent, you still bear the final responsibility for their actions.
Be smart, do what you would do with any property, don't count on others to do things you may be held
Accountable for when they fail in their actions.
0 votes Thank Flag Link Tue Nov 13, 2012
What will the temperature be in the unit? Are the water pipes on an outside wall? Sounds like it is not necessary, but look at it logically.
0 votes Thank Flag Link Tue Nov 13, 2012
probably less important in a oondo, where the water and heat are constantly on.... but REO companies just do it routinely, just in case.

After all, how bad would it be, in a condo, if you had a water pipe break?
0 votes Thank Flag Link Tue Nov 13, 2012
Alan May, Real Estate Pro in Evanston, IL
MVP'08
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