A Little Research Upfront Can Help You Avoid a Lot of Heartache Later When Purchasing a Flipped Home

Thanks to the popularity of TV shows like HGTV’s “Flip or Flop”, most people understand the concept of a house flip. An investor buys a home in some state of disrepair—often a foreclosure or distressed property—makes some improvements to the property, then attempts to sell the home for a profit. It’s often a win-win, as the investor makes a little money and the homebuyer gets an updated home with modern fixtures and features, without having to do the work themselves. [Read more…]