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4 Tips for Buying a Flipped Home

by The Jamey Kramer Group

4 Tips for Buying a Flipped Home

With housing prices on the rise, investors are turning their attention to flipping homes. Home improvement stars like Chip and Joanna Gains from the HGTV show, “Fixer Upper,” make updating a home look easy.

However, completely renovating a home is anything but easy, cheap, or quick. One pitfall that some new homeowners are finding themselves in is a fixer upper disaster. The disaster is that the house they bought had hidden mechanical and structure issues that were covered up by a few cosmetic fixes. Dream homes can easily turn into a nightmare if one doesn’t know what to look for.

“Some flippers are turning historic homes into modern, hybrid treasures, but others are slapping cosmetic fixes on truly troubled properties, ignoring mechanical and structural issues. For more unsuspecting buyers, that move-in-ready dream home can quickly flip into a nightmare.” CNBC 

Buying a flipped home can be a great investment if you know what to look for and how to protect yourself. But if you are a new homeowner, you might not always know exactly what to look for.

Here are 4 tips to help you as you buy a flipped home:

#1: Work with a Trusted Realtor    

Whether you are a new homeowner or you are buying your retirement home, having the advice from an experienced and trusted realtor will be extremely beneficial. A realtor will be a great resource to know what “red flags” to look for when it comes to a home that has been flipped. Using their insights and their resources will help you avoid buying a covered up disaster.

#2: Do Your Homework

When you are interested in a home that has been flipped and new additions have been made, you need to do some homework. You want to check to make sure the flipper has done the following:

  • Used a licensed contractor
  • Upgrades passed full inspection
  • Permits on the properties and upgrades.
  • Make sure all upgrades passed full inspection.
  • Be certain the property has a certificate of occupancy

If a contractor did not obtain a permit for that addition that was put in the back, the city has legal right to ask you to remove the addition and not count it apart of your square footage. This is a huge pitfall you do not want to find yourself in.

#3: Hire a Home Inspector

When you are interested in a home, you have the right to ask to hire a home inspector. Your realtor can help give referrals to trusted inspectors. A home inspection can cost in the range of $400-$700. While this might feel hard to shell out this cost, it is a necessary expense, especially if you plan to buy a flipped home.

A home inspector is trained to look at all appliances, electrical, water heaters, plumbing, etc. If your home inspection shows problems with these areas, you can negotiate to have the issues fixed or void the original contract.In addition, have a professional termite and mold inspector come out if you suspect this could be a problem.

#4: Look for Damage

When you are looking at a home you want to buy, it is important to keep your eyes open for any possible problem. For example, look for water damage and old wiring in the attic and basement.

Another example is what happened to one young couple. When they were looking for a home, one house that they were interested in had hardwood floors were bowing. While they were not experts, it was something they noticed. It helped them to ask the necessary questions. Bowing wood floors can be a sign of moisture in the home. It clued them into asking more specific questions about flooding, leaking, and moisture in the basement.

Take Away

Buying a flipped home does not have to be a disaster. However, when a home buyer doesn’t work with an experienced realtor, do their homework by asking questions about the recent renovations, work with an inspector, and look for damage, they might find themselves in a scary situation.

If you are looking a buying a flipped home, the Jamey Kramer Group would love to help you. We want to make sure you love the home you buy on the first day, as well as, years later. We make it our job to help assist you so you do not fall into a home nightmare.

248-348-7200

Making Maple Syrup Tours at Maybury Farm in Northville, MI

by The Jamey Kramer Group

Maple syrup tours at Maybury Farm

Do you remember the first time you tasted real maple syrup? There was nothing else that tasted like it, was there? It is sweet and dusky with a hint of the caramelization it goes through to thicken it.

You may associate pure maple syrup with the American pioneers. There are several chapters in Laura Ingalls Wilder’s Little House on the Prairie series devoted to making maple syrup and maple sugar from the sap of sugar maple trees. Or, you may remember being taken on a tour of a maple syrup farm and seeing the sap drip from the little taps in the trees into buckets on hundreds of maple trees.

Even in the cold, it is fascinating to see how this simple process hasn’t changed for hundreds of years. You may even remember the huge cast-iron kettle hung on chains over a big fire, boiling the sap into syrup.

Maple Syrup Tours at Maybury Farm

  • Saturday and Sundays
  • March 4 - March 26
  • Tours depart at 1:00, 1:45, 2:30, and 3:15 pm
  • Address: 50165 W 8 Mile Rd, Northville, MI 48167

Maybury Farm in Northville, Michigan offers a glimpse of bygone days for all ages with its maple syrup tours through March. Of course, if you know anything about tapping for maple syrup, you’ll know that it depends on warm weather during the days.

The sap doesn’t run through the trees if the weather is too cold. For most years, early spring is the perfect maple syrup weather. The sap runs in the trees during the warmer days and slows down in the cold nights. However, if the days are too cold, these tours are subject to change.

All tours begin with a wagon ride out to the Sugar Bush section of Maybury State Park. It is recommended that you arrive early to ensure your spot, as this can be a popular attraction. Groups of 15 or more can register in advance for a tour.

A short hike into the woods will reveal the sugar maples and your tour guide will tell you all about how they grow, why their sap is good for maple syrup, and how they are tapped and how the sap is collected.

Maple sap being converted into syrup

Then take another wagon ride to the Sugar Shack to watch the sap being converted into syrup and learn how the maple syrup is graded. You can even get some tutorials for making your own maple syrup at home.

Warm up afterward by the wood-burning stove at the Maybury Farm Welcome Center with hot drinks and snacks. Here you can buy some of the maple syrup you saw being made and snag a few recipes to complement your syrup at home.

The cost is $7 per person. Children 2 and under are free, although they have to ride on the lap of an adult in the wagon. If you have a group of 15 or more paid admissions, you can schedule a tour for a day other than Saturday or Sunday. Call (248) 374-0200 to book your private Maple Syrup tour!

Take Away

This is a perfect opportunity for families to experience nature, learn about trees, and do something out of the ordinary. Your kids will be fascinated with this process and remember it for years to come!


Photos courtesy of Northville Community Foundation
 

Northville Business Showcase, Novi Chucks and Tux Dance and More!

by The Jamey Kramer Group

Northville & Novi, MI upcoming events

Northville and Novi have some exciting things lined up for March. There are events for all ages, including a mother son dance, a local business showcase, a St. Patrick’s Day luncheon for retirees, and much more!

Northville

Northville Business Showcase

  • Date: Friday, March 18
  • Time: 11:00 a.m. – 2:00 p.m.
  • Location: Northville High School
  • 45700 Six Mile Road, Northville 48168

The Northville Chamber of Commerce will be celebrating some of the thousands of Michigan made products and local businesses at the Northville Business Showcase. Tickets are $3 and can be purchased at the door. The event will showcase more than 70 different businesses and professionals.

In addition to the showcase, there will be special events, including giveaways, raffle prizes, and samples including food samples from local restaurants and coupons.

If you own a business or a non-profit and would like to participate in the showcase, you can download and complete the registration form for the business showcase.

For the restaurant and caterer application, please see: Restaurant and Caterer application.

However, if want to show up, eat, get prizes, see some Michigan made products and have a good time, just show up with your $3 at the door!

Novi

Chucks and Tux Mother Son Dance

  • Date: Friday, March 10
  • Time: 7:00 p.m. – 9:00 p.m.
  • Location: Novi Civic Center
  • 45175 10 Mile Rd, Novi, MI 48375

How would you like a cute alternative take on the daddy daughter dance? Calling all mothers and sons! However, this is not just mothers and sons. Grandmothers and grandsons, sisters and brothers, aunts and nephews, even stepmothers and stepsons are all invited.

The Chucks and Tux Mother Son Dance is a great opportunity for bonding time with a special lady in your son’s life with appetizers, music, photos, desserts, interactive dances and more.

You can order a City of Novi tuxedo t-shirt ahead of time for $5. The price per person is $14 for residents and $17 for non residents. Don’t miss the chance to dance, have fun with and dote on your (young) man and register online.

Honorary Irishman Luncheon

  • Date: Wednesday, March 15
  • Time: 12:00 p.m. – 2:00 p.m.
  • Meadowbrook Activity Center

25075 Meadowbrook Rd., Novi - located on the west side of Meadowbrook Rd, just south of Grand River Ave. (Meadowbrook Commons)

Come be Irish for an afternoon and celebrate St. Paddy’s Day! This event is for retirees, age 55 and older. This is a program celebrating all things Irish, with a traditional Irish meal, Celtic traditional tunes, and friends. This event is sponsored in partnership with Maple Manor.

Tickets will be on sale until March 9th or until sold out. Prices are $7.50 per resident and $9 per non-resident. For more information, please call 248-347-0414

Civilian Pistol (CPL) Safety

  • Date: Saturday, March 25
  • Time: 8 a.m. - 5 p.m.
  • Novi Police Training Center
  • 45125 Ten Mile Road, Novi, MI 48375

Have you been considering owning a handgun or already have one, but want to carry it with you? This class is all you need to obtain a Michigan Concealed Pistol License (CPL).

This will be a full safety classroom training and shooting training that fulfills the requirement and helps equip you to safely carry a handgun on your person. You must be 21 years or older and you do not have to be a Novi resident to attend.

Registration forms are available at the Novi police department or online at CPL Class Registration Form.  Return the completed form with the fee of $150.00.

Please be advised that class size is limited and all participants will be subject to a criminal background check. In addition, students must bring their own:

  • Personal hand gun (weapons will not be provided)
  • 100 rounds of ammunition
  • Safety Glasses
  • Shooter’s earmuffs or ear plugs
  • Pen or pencil
  • Baseball Cap
  • Loose comfortable clothing appropriate for range

For more information, please call 248-347-0572

Take Away

Take advantage of all that Northville and Novi, Michigan have to offer in March.

From the Northville Business Showcase to the Civilian Pistol (CPL) Safety class in Novi, there are a number of events to choose from.

If you are interested in moving to the area, please give us a call. We would be happy to help! 


248-348-7200

Displaying blog entries 1-3 of 3