Yes, that's right...

There are still flooded homes appearing on the market. 

According to some of the most prominent real estate investors in Houston, only about 50% of the total flooded homes from the Harvey storm have been or are in the process of being restored to be put back on the market.

This means that there are still homes that haven't been touched since the flood or have otherwise just been sitting there after the moisture removal.

In fact, there was recently a report of homes that have not been remediated at all!

All of the wood within the frame of the houses had now absorbed the moisture from the floods, which causes the house to bloat..

The exterior sides of the homes that have brick begin to bow out, causing parts of the walls to literally fall off. This is what happens when a house is left to absorb all of the water from the flood and had no remediation done at all.

Never mind the amount of mold that's likely to be in the house now.

With Houston's new rules, if the amount of repairs exceeds 50% of the home's value, the building must now be torn down.

This means that the property can only be sold at lot value since it's a tear-down.

Additionally, in areas where homes have flooded more than once, the city is requiring that they be raised a certain number of feet, depending on the area.

Because of this, many investors are facing issues when trying to get homes under contract or work on restoring those properties.

So what does this mean for people looking to buy a home in the current market?

Look:

A lot of these investors wanted to flip homes for a quick profit.

Here's the problem with that...

Some of these homes may not have been restored in the best way, which will come back to bite you (and them) in the butt later on.

The things you want to look out for are:

1. Does the home have a certificate of remediation?

    Make sure that the home has a certificate that states they remediated it AND had the air quality tested to show that the mold has been entirely removed.

    If you don't, even a little bit of mold will cause health issues and spread into other areas of the walls and house.

2. Be sure to inspect various parts of the home.

    You'll want to inspect and have an inspector come in and check out the home.

    Look at all of the carpentry, flooring, bedrooms, bathrooms, and even the garage.

    Finding hard-to-see cracks or signs of foundation of framework issues are the bane of most homeowners existence.

    But you definitely want to find them sooner than later.

3. Check out what the comparable homes are in the area.

    You don't want to pay a premium price for a home that has been half-assed.

    Some homes, such as in the Bellaire area, have been restored very well and new appliances and cabinets have been installed.

    But there are some homes in the same area coming on the market that have been poorly remodeled.

    You don't want to pay the same price for this kind of home as those that have been done very well.

But keep in mind, that a lot of investors are in fact doing things correctly, such as this company that buys up flood homes for sale.

There's definitely an opportunity here:

If you can simply keep an eye out for the homes that are coming on the market, you may be able to find something that is perfect for you.

As investors are constantly picking up and restoring homes, the housing market is rebounding. 

In fact, according to some studies, natural disasters have an actual 0% effect on the housing market's price.

And according to other investors in the market, the prices are simply going to go up because there still remains higher demand than supply.

Make sure you're on top of it so you know when the best deals come up!

Check back for more updates on the housing market (http://houstonhousebuying.zohosites.com/).