But now, Captain notes changes: “Low inventory and many buyers’ eagerness for new construction and remodeled homes has caused some buyers not to do enough checking,” at least in Chicago, he says. And some buyers don’t insist on an inspection if sellers won’t permit it as a contingency, adds Frank Lesh.
Read the entire article at: realtormag.realtor.org/
This article is right. It’s tempting for a flipper, like me, to just do the bare minimum to get a sale and make a buck.
If you are buying a flip, you need to inspect it thoroughly, find out what was done, and not done, and find out as much history as possible.
If you want to look at our current flip at 4955 Iron Springs Road, there are photos of the build so you can see what was done.
In our case, we did just about everything.
Don’t take anyone’s word for anything. Check yourself. Get the documents. See the photos.
This is real estate. Don’t trust anyone.