The 3 House Hunting Mistakes You Must Avoid

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The red flag that not a lot of people think about… NEIGHBORS house.

Is it full of clutter? An RV parked, car junkyard, !well maintained? Could be an annoying neighbor or a hard sale after you want to leave.

mike
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Finding a very reliable realtor is very important to avoid these red flags. That hotbed situation is scary. One thing to keep in mind. Thank you for this, Javier😊

karinayoo
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Just seen a flip in Tempe that was bought in 2020 for 425k. Remodeled then put back on the market for 1.2 MILLION in a neighborhood where you will never find million dollar homes.

jefff
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Make sure you always check the purchase history of the house. I’ve seen a few properties that go on market $50k extra a few months later. Same property. Current owners don’t do nothing to it.

JorgePizarroFilms
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We bought a hame at the beach not knowing that the townhouse next door was a vacation rental has been hell. we have to call the police at least 5 times a month !!

vistabadboi
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When i bought my house i didnt realize my next door neighbor own a tiger, and the people across the street was in a motorcycle gang

crombie
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Just venting. Seller refused our $455k offer for their listed $470k and they verbally asked for $460k but we did research and a home near by more renovated sold a few weeks before for $440k. Sure it’s only $5000 but it adds up. We won’t be contacting them again. Even if they call us, we’ll say no, we’ll continue saving more cash for emergencies. It’s been weeks now they’re still holding steady with their listed price, still not sold. They shoulda taken the offer. Seems it is overpriced for many others as well.

ChilledNurse
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My very specific red flag is if there is a big tree straddling the property line between two very close houses. I see this a lot where I live. The tree is usually really unkempt and touching roofs. You just know that tree is an argument waiting to happen with the adjacent homeowner.

bsidianeyes
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The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the Sacramento area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy or not?

DorathyJoy
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Better to find a house that needs some upgrades and hire the contractors yourself and be aware of the whole process, most of the time when flippers sell houses they only do cosmetic repairs and avoid a lot of important things to have more profit

janetrojas
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We live just outside Chicago. My husband has lived in this neighborhood for almost 20 years. I’ve lived here almost 15. In the last couple years our homeless people disappeared across the street but our recent neighbors on our block have had SWAT show up with rifles and riot gear, multiple emergency vehicle calls, MULTIPLE police calls and man hunts through the alleys, a shot and killed victim a block over and open gunshots fired from police AND civilian on the main street just yards from our house. We can’t wait to move.
All the 💩 people are moving into our neighborhoods and we are forced to move out in fear of being shot, robbed or anything else that may happen. We have children under 10 years old. It’s just not safe anymore.

elithasim
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Very helpful. I love the open floor concept, but I never thought about it being a red flag when buying a home.

jcdiaz
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#2 is so true. I put in an offer on one of those houses and I asked for under list and they were just like “no, we just reduced (by $6) we aren’t going lower.” The house had been on the market for 90 days during a time when houses weren’t lasting more than a week (hot market).

bsidianeyes
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Thats crazy my bro flips cribs like a madman and he is talented and puts in a ton of work and doesn't cheap out.... but he is BIG on them open concepts lol.

yourstrulybostonyourstruly
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Another great video with solid advice! 👍 Wouldn't even have thought to look at city planning.

Nox-qk
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A house in my father in laws neighborhood was sold for 1.1 million cash to a flipper. The house was passed onto the owner and they never fixed anything bc of the cost. From the outside the deck and other parts of the house look like its rotting so its apparent the inside is in desperate need of repairs. Well the flippers are doing the minimal fixes to make it look nice and are avoiding anything that requires permits to avoid inspection. The house is a 2 story 5 bd house in prime LA neighborhood and could easily fetch over 1.6 M so all they see are dollar signs.

breeromero
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RED FLAG! 🚩
Going in contract for a new build too early. Never go into a contract unless at least 1 house in the neighborhood is already closed and with power and utilities. I bought a house last year and the builder keeps delaying it as they can’t get the city to connect utilities so I ended up backing up and loosing my earnest and it wasn’t my fault.

ulises
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Didn't realize open concept as red flag. I'm currently looking in pa. Most homes are open, oil or propane, which are additional expences. Patiently looking, but nerves.

karensmith
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Also look into the history of municipal services in the area you’re interested in, specially those services that directly affect the property like sewer line maintenance or lack there off. Around my way again some sidewalks bear the unmistakable signs of recent and previous digging—the sewer line buckles, breaking house pipes connected to the municipal sewer line.

NoName-zmks
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signt unseen is scary. better be present before buying a home. thank you for these red flags .you are a great youtuber man .great video style and info. recommending you to my friends and family.

rogermendez