Is Damaged Garage Door On Investor FLIP Speaking To Potential Baton Rouge Home Buyers?

Is Damaged Garage Door On Investor Rehad Speaking To Potential Baton Rouge Home Buyers? 

Here’s what I mean, see the photos below.

I appraised this home as a foreclosure in 2012 and 2013 and then it sold to an investor. Investor only partially rehabbed property NOT to the satisfaction of potential buyers after being on the market (listing in MLS with an Agent) for months.  I then saw a dumpster outside this home recently where investor is probably finishing the rehab that should have been completed originally considering the very high listing price.  AND, every time I’m in that area of Town, I see this Garage Door and it speaks to me as if I were a potential buyer.  

What’s the point?  The point is that IF this garage door is this beat up (damaged) and the investor over looked replacing it, what eles did the investor over look in the renovation of this property?   I’m making a good point here and one buyers of Real Estate Investor FLIPS should consider.

 

Is This Bent Up Garage Door Holding Up A Home Sale

 

Is This Bent Up Garage Door Holding Up A Home Sale

 

 

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About Bill Cobb, Appraiser

The Baton Rouge Residential Appraisal Blog is an information source provided by local Home Appraiser, Bill Cobb, and Accurate Valuations Group. Bill has 24 years experience as a Baton Rouge Residential Home Appraiser and updates his local network of sites weekly with reports, videos and audio reviews of local housing market conditions! 225-293-1500