NEVER Buy These Types of Houses In Phoenix

Рет қаралды 106,787

Ай бұрын

Searching for a home can be frustrating, and when you come across one that checks the boxes, some will turn the other way when red flags pop up. Buying a home is the largest investment you will ever make in your lifetime. So I want to tell you the type of home never to buy so you don’t make a huge financial mistake.
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Пікірлер: 353

@gingerkilkus 14 сағат бұрын

Back in the day, when I purchased my first home to live-in; that was Phoenix in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

@lfkatzke

I would add: Don't buy someone's seasonal home. They are usually poorly maintained 8 months out of the year with things often not noticed (such as a roof leak) for months. If repairs are done, it's usually with cheap materials with labor provided by a "handyman". People are here to vacation, not work on their house.

@davidhunternyc1

Rule #1. Never buy a home with an HOA. If you buy a home with an HOA, congratulations, you think you own your home but the HOA owns you. Don't forget,

@katydid2877

I swear there’s a “flip kit” at Home Depot for flippers. It’s gray, gray, and gray, with “luxurious” laminate. I always look at the sales history, too. It sold 3 months ago for $350K. Now they want $550K. Yea … no.

@dextersampson6450 21 күн бұрын

Don't buy in Phoenix period! We're full and don't have water for you!

@shermanpowell7009 21 күн бұрын

As an electrical contractor, I’d add, don’t buy a home with aluminum wiring unless you plan to pay for a rewire. It can be very dangerous.

@koreyb

My parents were selling an old house (built in the 1960s) in the very desirable Arcadia neighborhood. They knew that any buyer would just be buying it for the land and they would just tear down the house and build a much bigger and better house there. But just cover themselves, they paid for a thorough home inspection and gave a copy of it to the buyer and then let them have their own home inspection if they so desired. They did not bother with one. They sold the house as is. And then the buyer tore down the house and built a giant house there.

@Saltlick11 28 күн бұрын

In Arizona, always try to buy single story, even if giving up some space, never buy a flip home.

@mikej238

Road noise is subjective. Like anything its reflected in the price. Barking yappy dogs are worse, they never shut up.

@dawhaynereddingoiv9039 21 күн бұрын

Road noise is number one complaint, barking dogs, inconsiderate neighbors, the relentless desert heat, short term rentals, and unhoused shoppingcart wanderers.

@scuddrunner1

Shawn that was one of the most informative videos I've ever seen. I'm a carpenter of almost 50 years and I agree with everything you mentioned.

@JackbenimbleJackbequick-dc9lj

“Flippers”?? Wasn’t he that really smart dolphin back in my day??😁

@MixtopherTV

Shes spot on about solar. We bought a house last august and one of our stipulations was the seller had to pay off the $30k owed with the profit of the house sale or we wouldnt follow through. They agreed thankfully and now we get credit all winter 😂

@tinybigbus1873

That was one of the most thorough well put together videos about what to look out for when buying a house anywhere.

@andrewfuller8440

Even a licensed contractor can be a problem , if they disappear into the woodwork

@fido2006

When I sold our last home I disclosed everything I could think of. Scorpions, black widows, traffic noise from the street behind the houses behind the house, the probable lack of building permits for some mods done by a prior owner (enclosed garage, etc.,) prior termites (treated,) etc.. Not interested in having any later (legal) problems with a buyer. Don't like the list? Don't buy it.

@TallBob1962

Solar works as a DIY project. My system cost less than one third of a lease system installed by others. ROI is only 7 years. Pays for ALL of my electricity year round. Totally worth it!

@dolittle6781

Seller provided an illegible disclosure my agent could not care less I had to get an attorney to force a clearly written disclosure. There are many red flags when purchasing a house and it’s doubtful you’ll see them all. It’s often a gut feeling if it doesn’t seem right walk away early before you’ve put any skin in the game. Oh yes avoid flood zones insurance premiums are inanely expensive!!

@ramman5784 28 күн бұрын

Read the fine print when it comes to contractors. Friend in Sun City. Needed to replace sewer lines that ran through his kitchen, the living room and into the Master bath. Contractor came out. Dug up his newly tiled floors. Replaced the line and walked away without repairing the floors and replacing the tile. Nowhere in the contract required that work. They had to shell out more money to another contractor to complete the work.

@colleenpogue4238 21 күн бұрын

We moved here from out of state and purchased a home with a real estate agent. After buying the home, we learned that the "comps" for the neighborhood were about $100,000 less than what we paid. We do love the home, and the value has now increased, but I was upset that the agent did not say a word about the price of the home being too high. Now there are easy on line sites where one can see the average prices for a neighborhood.