4 Little Things That Could Signal You’re Buying a Hurriedly Flipped House

 
 

Buying a flipped house has a lot of appeal: They’re usually attractive, move-in ready homes with updated fixtures, appliances, and finishes.

However, the quality of renovations done during the flipping process is a big factor for a potential buyer to consider. While some home flippers do top-notch jobs and pay attention to every detail while updating a property, others do it in a rush to make a quick buck — sometimes with subpar work.

While an inspector should point out the major flaws in a home before you buy it, such as roof or foundation issues, there are smaller red flags you can look for while touring a property that indicate it may have been flipped in a hurry.

Darin Bruck, an Atlanta home inspector with 20 years of experience, recently posted about this topic on TikTok. In his video, he says some surefire signs of a too-quick flip include loose railings that have been poorly reinforced, painted-over water damage under sinks or on ceilings, painted-over dust in air vents, smoke detectors that weren’t replaced, or leftover renovation debris remaining in the home.

I also turned to Delaware flipper Robyn Kessler, who has been buying and selling homes since 2005, for some pointers on shoddy flips as well. Here are four things she says to watch out for.

Cracked tile

You might spot a cracked tile and figure that’s an easy fix. However, it could indicate a much bigger problem: the flipper might not have laid the subfloor correctly, Kessler says.

“This one particularly makes me angry because putting in the correct subfloor and adhering it well so it doesn’t bounce when you walk on it would not have cost more than a few extra dollars to do it right — so it can hold the tile floor and whatever is going on top of that,” she says.

She remembers one scenario where a heavy clawfoot tub was going to be placed in a tiled bathroom with a faulty subfloor. “That would have been a scene from “‘The Money Pit,’” she says, meaning that the tub would likely have crashed through the weak floor and fallen to the level below as it did in the 1986 Tom Hanks/Shelley Long movie.

Crooked cabinets

In the kitchen, don’t just look at the amount of cabinet space or the quality of the hardware. Check to see if the cabinets are properly aligned vertically and horizontally. If not, “that’s a sure sign they weren’t level and even all around,” she says.

Ceiling spots

Always look at the ceilings for signs of water damage, Kessler says. If there’s been a leak, you can usually tell by spots, patches, or discolored paint. Be sure to check around light fixtures, where water is likely to pool. If you see signs of water damage, ask the seller what happened, because it could indicate a problem with the roof that might not have been properly addressed — leading to costly expenses down the road.

“Go to the attic, and look up at the inside of the roof, if you can,” she says. “Roofs are expensive to replace, and if there’s a leak, you’ll see it there.”

Shoddy painting

If the flipper spent the time and money on a proper paint job, you shouldn’t notice things like uneven edges, errant drips of paint on fixtures or the floor, or electrical outlets and light switches that have been painted over instead of removed first. “These items are really cheap to buy and easy to change out, so I don’t know why some people do this,” Kessler says about the outlets and switches. She also advises looking closely at the baseboards and checking to see if they were cleaned before being painted.

Kessler’s advice to potential buyers of flipped homes? “It’s important to be informed,” she says, regarding quality workmanship, how to spot it, and how much it costs. “If you don’t like to get your hands dirty and fix things around the house, then homeownership may not be for you.”

Get more tips on Apartment Therapy.

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Just Listed: Modern Comforts and Vintage Vibes near City Park!

 
 
 

LOCATION, LOCATION, LOCATION!...AND A SWEET RESIDENCE, TO BOOT!

Modern-day Barbies or Kens will love all the new amenities in the area: Trader Joe's, Blanco, Culinary Dropout, Starbucks, short distance to City Park, the museum, the planetarium, Imax, City Park Golf Course...LIVE WHERE THE COOL KIDS LIVE! The Mad Men era building features a secure entrance and a rockin pool to sport the new tommy bahamas...use the SWIMMERS SEPARATE ENTRANCE with stairs that lead directly to the 2nd floor!...where your unit is! Lots of 60's details remain...you can't get a more Barbie Bath than this one and it has a separate sink and make-up counter so 2 people can get ready to go at the same time! The balcony is big and has sliding glass doors from both the living room and bedroom! Tons of closet space, good kitchen cabinet and counter space...put your hair up in the high pony tail and come see this fun and very affordable residence...realtor barbie not included.

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Just Listed: This charming 3 bed ranch home is lovingly updated!

 
 
 

This charming 3 bed ranch home is lovingly updated!

Sellers have recently added new flooring and carpet, stainless steel appliances, updated bathroom, new water heater and central air-conditioning installed. Three bedrooms and full bath on the main floor including the primary bedroom. The finished basement provides extra space for entertainment room, exercise area, and/or rec room. Additional non-conforming bedroom in the basement is currently being used as a theater room. Basement has rough-in to easily add another bathroom. The hidden gem of this home is the extra large private back yard with gorgeous patio - perfect for entertaining, professional landscaping, sprinkler system and fenced garden. Attached 1-car garage has backyard access and plenty of space for all of your Colorado gear. Close to Meadowood Recreation Center and Tennis Courts and Olympic Park. Great location with all the amenities - grocery stores, restaurants, entertainment, retail and schools. Quick access to I-225 and E470, multiple medical centers and DIA. Just a few blocks away from multiple trails for walking and biking to the nearby parks including Cherry Creek State Park. Move in ready and ready to move! Schedule a showing today!

Listed by Heather Block for West + Main Homes. Please Contact heather for current pricing + availability.

 
 
 

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Just Listed: Welcome to your new spacious and charming home in the coveted neighborhood of Willow Park!

 
 
 

Welcome to your new spacious and charming home in the coveted neighborhood of Willow Park!

Just 5 minutes from Main Street, with all the amenities within a stones throw drive. This quiet and peaceful neighborhood gives you the best of what Parker has to offer! The lush and spacious backyard is within eyesight of the greenbelt and walking trails, perfect for a summers night stroll or to watch the fall leaves come in. The vaulted ceilings allow for all the light to come through the home, adding to it's already serene ambiance. This 4 bedroom home has a place for everyone, with a large basement just waiting for your personal touch. You wont want to miss out on this golden opportunity this home offers.

Listed by Kaitlin Kiney for West + Main Homes. Please Contact Kaitlin for current pricing + availability.

 
 
 

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People Want Less Expensive Homes – And Builders Are Responding

 
 

In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory.

To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a historically large percentage of the total available inventory today, that search often includes brand new homes.

People Are Spending Less on Newly Built Homes

The graph below uses the latest information from the Census to show, in June, more of the newly built home sales in this country were in lower price ranges than in 2022:

 
 

Last year, only 58% of newly built home sales were less than $500,000. This June, that number was up to 65%. This means more people are buying less expensive newly built homes right now while affordability remains a challenge. 

Builders Are Offering Lower-Cost Options

Builders have picked up on this trend and are reacting accordingly. George Ratiu, Chief Economist at Keeping Current Matters, explains:

“Builders are also responding to this shift by bringing slightly smaller homes to market in an effort to meet lower price points . . .”

New data from the Census further confirms this pattern – it shows the median sales price of newly built homes has dipped down in recent months (see graph below):

 
 

And as Mikaela Arroyo, Director of the New Home Trends Institute at John Burns Real Estate Consulting, says, the builders who are most responsive to this trend are forming pathways to homeownership:

 “. . . it is creating opportunities for people to be able to afford an entry-level home in an area. . . . if you get that size down, that automatically will make it a more affordable home. The [builders] that are decreasing [size] the most are probably the ones that try to build more of an affordable product.”

 How an Agent Can Help

 Builders producing smaller, less expensive newly built homes give you more affordable options at a time when that’s really needed. If you’re hoping to buy a home soon, partner with a local real estate agent to find out what’s available in your area. An agent can help you look at newly built homes or ones under construction nearby. 

Bottom Line

If you’re having a hard time finding a home you like in your budget, connect with a real estate professional. You need an agent who knows all about the latest inventory in your area, including homes still under construction or just built. That way you have an expert on your side who can provide information on builder reputations, builder contracts and negotiations, and more to help you with the homebuying process.

Get more info on Keeping Current Matters.

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