Home flips can be attractive to buyers looking for a move-in-ready property, but experts warn that they should be wary of renovations that prioritize speed over quality.
While many flippers deliver solid work, buyers should watch for subtle signs of rushed or substandard construction before signing on the dotted line.
Here are a few issues to look for:
What to examine outside
You don't need to be a structural engineer to discover problems outside a house.
- Do you see sagging crawl space floors?
- Does the chimney lean to one side?
- Are the roof shingles torn or worn?
- Are there gaps or uneven lines where the roof meets the siding?
- Do downspouts direct water away from the foundation?
- Do balconies, roofs and window frames show signs of rust?
- Are there cracks in the foundation?
- Is the yard sloped so that water drains away from the house, not toward it?
- Does the deck have cracks and sag? Does it have loose railings?
- Does the outdoor heating and cooling unit show signs of wear and tear? Are the vents properly installed and venting away from the house?
Pro tip: Check less visible spaces, such as underneath the basement stairs, for signs of water damage.
What to examine inside
Shoddy work is an early indicator that there's more wrong with the house.
- Were the outlet covers installed evenly? Do they all work?
- Are there drafty gaps in doors and windows? Are they properly aligned? Do they open and close smoothly?
- Do all of the appliances work?
- Were respected brands used for the appliances, fixtures and finishes?
- Do the tile work, millwork and finishes around doors and windows seem off?
- Is there any evidence of water damage in the basement?
- Do you notice any chips or bubbles on painted areas?
- Do the floors feel soft?
- Do rooms smell like mold or mildew?
- Do the faucets in the kitchen and bathrooms provide adequate water pressure?
- Is there mold/dirt/rot in cupboards below sinks?
- Is there moisture around the water shut-off valve?
- Does the sump pump work?
- Is the attic properly insulated?
- Are all components of an electrical panel labeled?
- Look for fresh paint on only one wall, new carpet in only one room, and oddly placed rugs that can hide damage.
Pro tip: Spend a few more minutes checking out backsplashes and bathroom tile. It is often an indicator of the overall quality of work.
Pro tip: Feel under countertops to determine if they are made of solid stone, have a laminate covering or are a wood composite. It can be a sign of the quality of the flip.
Conduct a data search
Here's the information you should check at the local clerk's office regarding work that requires permits.
- How long did the flipper own the home?
- Were permits pulled for the work?
- What work requires a permit?
- Are the contractors who performed the work reputable?
- Was there any work that a municipal building inspector ordered the flipper to fix? Did the flipper get a reinspection?
- Are all the tax payments up to date?
- Are there any liens on homes?
- Was a licensed professional involved in flipping the home?
- Are all the tax payments up to date? Verify the business licenses of flippers and contractors, as well as their complaint history.
Consider a home inspection
If you're interested enough in the house to make an offer, ensure you get an inspection before you buy. An inspection will help you identify issues that may be lurking beneath the surface.