rehabbed foreclosures: Lipstick on a Pig – Understanding the Dangers of Rehabbed Foreclosures - 04/11/11 10:47 AM
Shoddy worksmanship - slipshot repairs by unskilled, unlicensed help. This is just the beginning for some of the more recent rehabs. Always have these properties inspected by a professional and due yourself some 'due diligence' and check with the village authorities about recent permits.
Don't get me wrong, not all rehabs are bad but not all rehabs are good either. Just watch out for that 'lipstick on pig'.
Great post from John Mulkey.
Lipstick on a Pig – Understanding the Dangers of Rehabbed Foreclosures
 
With millions of homes having been lost to foreclosure and millions more to … (5 comments)

 
Lyn Sims, Real Estate Broker Retired

Lyn Sims

Real Estate Broker Retired

Schaumburg, IL

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Address: Schaumburg, IL, 60194

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Lyn Sims offers market observations, housing industry updates and real estate news about the surrounding communities near Schaumburg IL in the Chicago Northwest Suburbs.


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