Flipped homes: make sure the beauty is more than skin deep!

Sign in or sign up to leave a comment

Buying a recently remodeled home begs many questions not always easily answered.

These typically older homes built several decades ago are a culmination of building materials, techniques and architecture prevelant for that era.  They have had to withstand the elements and subject to the maintenance habits of the owners.  

In order to make the home appealling for today's buyers they need substantial facelifts.  However, mechanical updates may not be as equally addressed.  This poses potential exposure to unexpected repair costs.  

Typically those buying homes and fixing them up, aka "flippers,"  may or may not be experienced and well funded.  They are in this to make a profit.  Nothing wrong with that.  A fair amount of risk and investment and know how is required.  

The question is who did the work?  What is their experience? What was the quality of workmanship and materials?  Will they stand behind their work?  What was the scope of repairs? 

Buyers buy what they see.  My advice:  An experienced eye can help.  Pick a good inspector and ask a lot of questions.  Pick a good Realtor and have them research and help with some of these crucial questions.

Do your homework so your new home lives up to your expectations.  You deserve it. 

Have a great day!    

Sign in or sign up to leave a comment
Sign Up
To post a comment on this blog post, you must be an HAR Account subscriber, or a member of HAR. If you are an HAR Account subscriber or a member of HAR, please click here to sign in. If you would like to create an HAR Account account, please click here.
Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.