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Is that Flip a Flop? Here's how you know!

By
Real Estate Broker/Owner with HomeBuyer Brokerage

At Buyer's Edge, we only work for home buyers. 

Exclusive Buyer Agents & members of NAEBA.org 

Buyer Beware

 

We are wary of flips and frequently share what we've learned from touring flipped houses. To be fair, not all flips are flops. However, if you buy a flipped house that is a flop, it could be a very expensive mistake. 

Stephen Carpenter-Israel, Marshall Henderson & Stephen Mercer discuss flips and flops. 

 

For More Information about Flips & Flops

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This Old House - Home Inspection Nightmares

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Posted by

Victoria Lynne Henderson

Real estate broker and business owner of HomeBuyer Brokerage serving buyers in Washington DC, Maryland, and Virginia. Victoria was born in Washington D.C. and loves her hometown!

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Comments(4)

Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Absolute truth!!!

To be fair, not all flips are flops. However, if you buy a flipped house that is a flop, it could be a very expensive mistake. 

Aug 17, 2017 06:03 AM
Victoria Ray Henderson
HomeBuyer Brokerage - Washington, DC
Washington DC Real Estate

Thanks Sham Reddy so true! We've heard some real expensive horror stories about flips that had cracked foundations and dangerous electrical wiring. Thanks for stopping by the blog and have a great weekend!

Aug 17, 2017 10:46 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

I'm sure there are some disasters out there that people consider scraping and starting over.  It would be fun to rennovate a house and flip it  ...  I think.

Aug 17, 2017 01:51 PM
Victoria Ray Henderson
HomeBuyer Brokerage - Washington, DC
Washington DC Real Estate

I think so too Belinda Spillman and if I had the crew to help me with demo, it would be great. Its the crew part that keeps us from moving ahead with that idea:) 

Have a great weekend and thanks for stopping by!

Aug 17, 2017 05:32 PM