Missing appliances, hard to get funding. I still don’t understand why banks don’t spend the 3k for appliances and get 10% more for the property.
I would rather buy one missing the appliances than have someone put in some POS items just to get more out of me. I hate to have to junk perfectly good appliances to install the ones in that I want. I don’t think the banks would have much of a problem if you reserve sufficient funds for purchase of appliances.
People seem to forget that they need to look at a potential property and see what they want changed and what it would be worth at that point.. then work backwards to determine what you would pay for the property.
I also get nervous about a house that has been all ‘dolled up’ flipper style. I wonder what was overlooked and what shortcuts were taken.
