"What the Hell is This?"

By
Real Estate Agent with Douglas Elliman Real Estate in Babylon NY
https://activerain.com/droplet/4qYh

bad electric panel"What the Hell is This?"

Those were the words I spewed when I saw that electric panel while showing a really nice house that an investor flipped. I am not a home inspector but I know that is a bad electric panel.

It was really disheartening to see because the rest of the house was beautifully redone inside including the front porch. The yard needed help but that is minimal.

Then we proceeded to find the heating system and this is what we found:

old heating system

Seriously? This was the worse house flip I have ever seen. Most I see have new heating/A/C systems and updated electric panels. Although the electric was on in the house, the water was turned off and maybe that is a good thing. But, you cannot do a proper home inspection with utilities off. If a buyer has to turn the utilities on for a home inspection, it will cost them close to $800.00 including the cost to hire a home inspector.

For those of you that want to flip homes, do not take shortcuts. For those that flip homes, stop taking shortcuts. It will cost you more in the long run because that house you flip will be on the market a long time like the one I showed.

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Topic:
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New York Suffolk County Babylon
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Tags:
house flipping 101
do not take shortcuts when flipping a house
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jackie connellyfornuff
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Rainmaker
1,951,433
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

What a great post! And do people not think the buyers will notice - or that they will not get a home inspection? Go figure!

Nov 11, 2014 07:52 PM #1
Rainmaker
750,173
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Lise, Thank you. My thoughts exactly!

Nov 11, 2014 07:55 PM #2
Ambassador
2,759,312
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

Good morning Jackie. I call that one mell of a hess!!!

Nov 11, 2014 08:01 PM #3
Rainmaker
750,173
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Good Morning Michael, that and a few other choice words

Nov 11, 2014 08:05 PM #4
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Damn, you were kind.  I think I'd have had a lot more to say than "what the hell is this".....

Nov 11, 2014 08:30 PM #5
Rainmaker
750,173
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Roger, Yes I was. I almost dropped the F bomb but wanted to be a little nicer about it.

Nov 11, 2014 08:47 PM #6
Rainmaker
1,780,603
Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366
Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366 - Placerville, CA
General Contractor, Dry Rot and Water Damage

Wow, that is quite a sight to see. At least it can be corrected by a professional Jackie.

Nov 11, 2014 09:39 PM #7
Rainmaker
1,361,977
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Good morning Jackie,

That is why I am picky about the "flippers" I am listing and buying with.

Make yourself a great day.

Nov 11, 2014 09:54 PM #8
Rainmaker
396,406
Dana Hollish Hill
Hollish Hill Group, JPAR Stellar Living - Bethesda, MD
REALTOR * Broker * Coach

Wow! I love when ActiveRainers share these kinds of pictures. That was I know I'm not the only one seeing such sights. It's a shame the "flipper" didn't spend the time and money on the systems of the home. 

Nov 12, 2014 12:11 AM #9
Rainmaker
1,280,298
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

Jackie~ WOW! That's awful. What a shame to do such nice remodel work and such sloppy mechanical!

Nov 12, 2014 12:35 AM #10
Rainmaker
750,173
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Tom, yes it can but the seller should do it.

Hi Raymond, I don't blame you. I would be too.

Hi Dana, I find that most flippers will update the electric and heating system. It is obvious this one is trying to get the most for their money. Unfortunately, this house has been on the market so long and have done a few price reductions. This one will sell for less money than they have anticipated.

Hi Donna, it is a shame. Such a nice house too.

Nov 12, 2014 02:25 AM #11
Ambassador
3,267,052
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

For a minute there I thought I was reading a Jay Markanich post.  If there's danger in the wiring or HVAC, he'll find it.

Nov 12, 2014 08:07 AM #12
Rainmaker
1,365,193
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Hello Jackie, I actually had to laugh when I saw "What the hell it was" that I was looking at!" I don't think you can even call that at an electric panel...certainly not with a straight face. It's even more amusing that the seller thought that would pass inspection! 

Dec 29, 2014 07:50 AM #13
Rainmaker
1,508,875
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I have no idea, probably one of the very sophisticated DIY projects?

Mar 24, 2017 01:02 AM #14
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Rainmaker
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Jackie Connelly-Fornuff

"Moving at The Speed of YOU!"
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