: Gurgling drains or low water pressure when multiple faucets are run.
: Request a list of completed repairs along with receipts and contractor information. If a flipper cannot produce these, they may have used unlicensed labor or cut corners.
: If the appraiser flags safety issues like exposed wiring or a failing roof, the lender will likely require these to be fixed before closing. The FHA flip rule: what you should know - Tomo Mortgage buying a flipped house with a conventional loan
: Ask if any of the new systems (HVAC, roof, appliances) come with transferable warranties. 3. Inspection & Appraisal Red Flags
: Plan for at least 3% to 5% down for a primary residence, though 20% is ideal to avoid Private Mortgage Insurance (PMI) . : Gurgling drains or low water pressure when
: Most lenders prefer a DTI ratio below 45% to 50% .
: Mismatched shingles or wavy edges, which suggest a "layer over" instead of a full replacement. : If the appraiser flags safety issues like
Lenders will order an appraisal to ensure the home is worth the sales price.