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Why do people keep skipping home inspections on flips?
I mean, I just saw a thread where someone bragged about closing on a flip in 3 days without an inspection, and now they're finding mold behind drywall in St. Louis. That's gonna cost them $5k easy. Have you guys had clients push back on this?
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lisas781d ago
Yeah that "new paint is just covering up water damage" part hits so hard lol. @kellyallen I've seen it happen way too many times where someone skips the inspection because they're in a hurry or trying to save like $400. Then six months later they're pulling up carpet and finding black mold or realizing the electrical is all knob and tube behind those fresh outlet covers. I swear flippers bank on people being impatient or cheap. A proper inspector would catch that the plumbing is corroded or the roof has three layers of shingles, but nobody wants to hear it until water is dripping on their head.
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skyler_kelly691d ago
Knob and tube isn't really a worry in St. Louis, most of those houses have conduit or BX wiring from the 50s. But yeah, the mold thing is brutal.
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kellyallen1d ago
...and then they act surprised when the foundation issues pop up six months later. I always tell my buyers if the seller won't let you inspect, that's your biggest red flag right there. Paying a few hundred now saves you from finding out the hard way that "new paint" is just covering up water damage.
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