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Updated over 8 years ago on . Most recent reply

User Stats

297
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178
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Teresa F.
  • Residential Real Estate Broker
  • Clinton, MD
178
Votes |
297
Posts

Flippers and rehabbers in MD and D.C. A note of caution

Teresa F.
  • Residential Real Estate Broker
  • Clinton, MD
Posted

Today I attended a meeting where the Director of the Maryland Real Estate Commission commented on how they are becoming more viligent about flippers who fail to disclose material defects.  They are also pursuing rehabbers who failed to obtained permits or "drywall over mold."  In addition to the Commission, I am also on an attorney listserv.  There are more and more attorneys who have started specializing in suing rehabbers on behalf of the buyers of the rehabbed home.  While suits for shoddy workmanship or failing to disclose are not new, this seems to be on an uptick.  Anyway, check your GC's licenses, insurance, and show those permits.  

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