Another Bad Flip House - Signs Of A Bad Flip House
/As the market continues to have high demand, low inventory and rising prices you can count on more people getting in to flipping homes. The problem is most don’t do a good job and some will flat out try to hide the problems.
This property in the Dallas Fort Worth area is a good example of some typical signs I see of a bad flip job. Now what I show is just things that are visible by walking the property but it is a good indication usually of how the property is overall. On this property there are a lot of signs of trying to cover up the problems with paint or fancy finishes, however the bad job still shows through.
When I go through a property with clients I look for this sort of stuff and point it out to clients. While it does not make up for an inspection it can certainly give the client the idea of how this property was prepared for the market. Usual signs are lack of landscaping, dry soil around the perimeter of the home, cracks showing through, and overall bad finishes. An old roof is typical because flippers either don’t want to pay for a new one or insurance won’t cover it.
The list goes on, however next time you see those nice pictures of a listing, be sure to look at it carefully for yourself. Once you get there you will get the overall picture of the property. How does it smell? What is the condition like? Foundation? Roof?
Work with an agent who will help point out some of these details and look out for those signs. The market is hot and you can expect to see more bad flips out there so beware!
With the heart of a teacher I seek to educate my clients about the process of buying, selling or renting real estate. I strongly feel an informed and educated consumer will be more confident & make better decisions.
Have questions about this or other topics, do not hesitate to contact me.
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Luis is a Dallas/Fort Worth area Realtor and Broker for Serve Realty. He enjoys the Dallas/Fort Worth area, houses, and helping clients buy and sell real estate.
Email: Luis@ServeRealtyTx.com
Call/text me if you are looking to buy / sell a home in the Dallas Fort Worth and surrounding area! 214 783-0535
Luis Cuevas, Broker/Realtor®
Serve Realty
(214) 783-0535
Luis@ServeRealtyTx.com
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