real estate

Buying a flipped home? 5 questions to ask

Am I hiring an independent inspector of my choice?
Am I hiring an independent inspector of my choice? © Karla Caspari /Shutterstock.com

"Often you don't know if the people who flipped it did a surface job or dug deep and did a great job," Combs says. The solution is to hire a professional home inspector.

While getting an inspection is a smart move for any homebuyer, it's especially important if the home was flipped, Holmes says.

An experienced inspector "will just point out things that were done wrong or improperly," says Michael Hydeck, past president of the National Association of the Remodeling Industry and owner of Hydeck Design Build Inc. in Philadelphia.

If you love the home but find problems, you can ask the owner to fix them or negotiate for a lower price, he says.

Make sure the inspector is licensed, accredited, insured and has been in business a long time, says Holmes. Don't pick the first name you find or select anyone connected to the sellers, he adds.

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