Yet another house renovation by a flipper, and the items that should have been addressed were not. Some flippers can be so short-sighted. The serious issues that will turn off any buyer were not addressed.

This house was cosmetically renovated with beautiful siding, roofing, and sheetrocked walls and ceilings, but the step down to the diningroom is 10 inches - way too high and can cause tripping issues. This is also not to modern building codes and could have been addressed before the tile and baseboards were installed. Now its a really big job.

Several large foundation cracks were also found, and will need to be addressed from the exterior (requiring excavation) as well as the interior. The oil tank outside the house had a large spill around it, and the buyer expects the seller to have it cleaned up (see picture). So would I!

The front and rear steps were deteriorated, so they were 'resurfaced' (if you can call it that), but they were pitched towards the house which will let rainwater possibly enter into the basement. As Homer Simpson would say - "Doh"!

Only someone who wants to spend money will purchase this flip, unless you are a contractor (hopefully with more sense than this seller).

I believe the buyer will walk from this one, although I did tell her these things can be fixed. -Ray

 

2 Comments on Flipping houses is not for everyone, expecially if you don't address the big issues.

OCT
01
Outside Blog

A smart flipper will always pay to have a professional inspector look at the property BEFORE the purchase and BEFORE the flip....why gamble when a few hundred dollars will tell the flipper the real story?

8:43am • #1

Yuck! Looks like they did the cosmetic stuff and not much else.

I like the name of your business, Ray!

Cheers,

Robin

8:47am • #2

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Ray Wilson - NYS Licensed Inspector

Middle Island, NY

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Meticulous Home Inspection Corporation

Address: Covering all of Long Island, the 5 boroughs, of NYC, and now upstate NY 7 days a week!

Office Phone: (631) 902-6761

Cell Phone: (631) 902-6761

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