Can I ask you guys for a review of my narrative that I use for homes that have been flipped. I have inspected quite a few of these and the workmanship is typically poor at best. I know the buyers will be experiencing higher and more frequent future repairs. I report all the individual defects as I always do but I feel there should be an overall statement that the home was flipped and what that means.
Here is what I add to my reports, let me know what you think?
It appears that this home was flipped, this means it was purchased with the intent to fix up and sell for a profit. It is not uncommon for the workmanship that was performed in a flipped home to be of amateur quality as an attempt to reduce the costs of repairs and upgrades. Amateur workmanship may raise the potential of future repairs, you should consider this in your price of your purchase and expect to have more future repairs than of a typical home built by professionals. Permits and accompanying follow up inspections may or may not have been acquired, you should consult with the the sellers for documentation that work was done with the required permits.