Blog

Get a Fair Deal When Buying a Flipped Home – @Redfin

October 16, 2014 by Admin
Share This Post       

 

Couple Buying New Home

If you plan on buying a home in the near future, chances are you’ll come across a flip in your search.

2013 was a banner year for house flippers. They grossed an average of $90,200 per flipped home across major U.S. housing markets, according to Redfin research. This is not surprising since housing inventory was notoriously tight and demand led to unprecedented bidding wars in 2013.

In other words, flipping came easy.

As we enter the final months of 2014, however, there are more homes for sale and buyers have more leverage when it comes to getting a fair price. Here’s how to know if a home is a flip and to make sure you get your money’s worth if you are considering buying a flipped home.

via Get a Fair Deal When Buying a Flipped Home – @Redfin.

 
 

Topics

 

Popular Posts

 

Current Rates

 

VA
30 Yr. Fixed

As of: September 19, 2018

4.750%
RATE
4.919%
APR

Conventional Refinance
30 Yr. Fixed

As of: September 19, 2018

4.625%
RATE
4.675%
APR

Conventional Refinance
15 Yr. Fixed

As of: September 19, 2018

4.000%
RATE
4.085%
APR

FHA
15 Yr. Fixed

As of: September 19, 2018

4.250%
RATE
5.067%
APR

FHA
30 Yr. Fixed

As of: September 19, 2018

4.625%
RATE
5.414%
APR
 
 
 

 

 

Read What People Say

 

Robert Lindsey

"From the first inquiry to the signing our experience was seamless. The response was immediate to our first questions and we were helped with every step. Couldn't be happier . Thanks to everyone."

 
 

Recommended For You

Take a closer look at the loan expertise and customer service that earned us the acclaim of Dallas/Ft. Worth for 10 consecutive years.

FIND A LOAN