So yes, it's good that your flipped house looks good, but now it's time to speed dial a reputable inspector and have them dive into the nitty gritty of the joint. Most likely, if you're visiting an open house at a flip, you're going to have this thought: "Dayum….this place looks GOOD." But just remember, it might be all smoke and mirrors.įlippers realize that it's easy to lull buyers into a state of visual lust that will easily distract them from all of the real-deal renovation challenges that might be lurking under the surface. Either way, there are a few things you need to keep in mind: OUT OF SIGHT, OUT OF MIND? UH, NO. Perhaps it's because the flippers didn't know what they were doing. And if you've been on the hunt for a new home, chances are you've definitely come across one of these bad boys yourself. My husband and I bought one earlier this year in the hills of Los Angeles. But jumping on the house flipping bandwagon is not necessarily a good thing. Tune in to an average day of programming on HGTV, for instance, and you'll see more homes bought, renovated and sold off again than your DVR will know what to do with. As the real estate market continues its upward climb, house flipping seems to be back in a big way.
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