Dangers of Buying a Foreclosure Flipper Home

There is a huge difference between buying foreclosure flippers and homes that regular owner occupants have remodeled.

If your agent hasn't done a little research on the history of the home, you might never know whether you're buying a foreclosure flipper. There are dangers inherent with buying a foreclosure flipper. With a regular seller, you can be relatively assured that the seller made the improvements with thought, care and quality workmanship; although, not always. But most sellers fix up their homes because they want the upgrades for themselves.

Not necessarily so with a foreclosure flipper bought at auction by an investor. Some investors care only about quickly turning over that home so they can immediately buy another . . . read more about Buying Foreclosure Flippers.

More Articles by Elizabeth Weintraub:

• Why You Can't Buy That Bank Repo Home
  
• REO Offer Tips for Buying Foreclosures
  
• How to Find Foreclosures

_{©Elizabeth Weintraub}

Technorati tag: buying foreclosure flippers

_{At the time of writing, Elizabeth Weintraub, DRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.}