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Home Inspection: Buying a Flipped or Renovated Home

Buying a property is often an exciting step in a person’s life and many previous or prospective
homeowners will look to renovated homes as a potential avenue for exploration. Remodeled
homes remove the stress of remodeling your home on your own dollar and can provide a fresh,
new feel to an older home. However, there are some major considerations to think about so let’s
peel back that fresh coat of paint and see what it takes!

Walk Through Before You Buy

  • Now this should be a no brainer, but do a walk-through of your potential new property before
  • you buy. There are a number of things to look out for when doing your walk-through and can
  • better inform your decision to buy. Some things to look for are:
  • Attics and other less visible areas in poor repair.
  • Uneven baseboards or paint lines.
  • A water heater older than 10 years.
  • Mismatched plumbing and pipes or rusted pipes.
  • Doors and windows that don’t open/shut properly.
  • Signs of water damage on the ceiling or drywall or in cabinets.
  • Faucets and fixtures that won’t get hot or cold or have poor water pressure.
  • If you are viewing a staged house (house with existing furniture), pay extra attention to what couches, wall art, curtains, and rugs, could potentially be hiding
  • Make sure you are viewing the home in good lighting. Bring a flashlight with you and
  • don’t be afraid to take your time and take a proper look at details around the home.

The seller themselves should also be a feature in your research. Do your due diligence on the
seller of your home. If they are going through an agency or functioning as an LLC, give them a
cursory search through the Better Business Bureau’s website to confirm their legitimacy.

History, History, History

No one hates a dirty little secret like a new homeowner! You should make sure you are well aware of the history of your home.

When we say history, we mean any previous information you can get ahold of regarding the previous owners, sellers, builders, and upgrades made to the home.

If significant changes have been made, identify who made the changes and if said upgrades align with the property’s permits and regulations. Infractions against property permits may result in hefty fines for homeowners but check with your realtor if you have specific questions.

Always remember: even if the appliances are new, you should not assume that the plumbing and wiring are equally new. There is a reason why the saying that “kitchens and bathrooms sell homes” is so popular. It is because these rooms are where the most aesthetic changes can be made without internal refurbishment. Cheap changes don’t justify the potential future costs of poor infrastructure!

NOTE: You can look up the history of the home from your local appraisal district office.

Get A Professional Inspection

Despite the amount of research you can do on your own, we recommend getting a professional
inspection of your home, particularly if it is renovated or flipped. Professional home inspectors
come at minimal cost (Click here for a quote!) and come with huge advantages.

Generally speaking, full home inspections can range from $200 to $500 and during a time when
there seems to be endless check writing, this is certainly not one you want to skip out on.

A professional inspection serves a number of purposes. Not only are licensed inspectors keenly
aware of where to look for issues, we are skilled at identifying deep rooted issues related to your
home’s infrastructure, internal wiring, and piping. Identifying such issues at an early stage will
save you enormous amounts of time and money in the long term.
According to Investopedia, some insurance companies will not even insure a home if certain
conditions are found or without the presence of certain certifications. Many professional
inspectors will perform these examinations in conjunction with the routine inspection of your
home and, once again, saving both time and money.

A professional inspection can also function as a negotiation tool during the buying process. The
inspection report represents an opportunity to ask for repairs or request a price reduction from
the seller. If an inspection report is particularly damning, it can also serve as a last potential
“out” from a purchase if there are significant repairs/changes that need to be made.

Remember, home inspectors are generalists. They are skilled at identifying problems and are
able to recommend if an issue should be looked at by an industry specialist.

At The End of The Day..

Buying a new home can come with many unknowns. Unidentified issues can often cost not only
thousands, but tens of thousands of dollars. The best way to avoid mistakes and mishaps is to
educate yourself on the product you are buying. Many house flippers will want to rush you
through the process as their profits are contingent on quick turnarounds. Don’t fall prey to that!

Do your research, take the time to get a second opinion, and don’t be afraid to ask questions.
The process of purchasing a new property can be time intensive but hugely affirming and we at
Mammoth want to make it as informative, stress-free, and successful as possible. If you have
any questions about home inspection or would like to get a complimentary quote CLICK HERE,
feel free to reach out!

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