Never buy these type of Houses! (Must Watch!)

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Here are my top houses to never buy!

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Don't buy a house owned by an investor.

ryanyoder
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Always go back to the house during evening and nighttime hours to check out the neighborhood. Sometimes the real picture of what's going on in the hood is after hours.

mbh
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Don’t buy flipped houses, cheap shoddy construction; cheap materials

riderfast
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Never buy a house with a bad next door neighbor.

Starswake
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Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

DonaldMark-nese
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You overlooked! Don’t buy a house on a bad grade, where rainwater or snow melt flows toward the house. Everything you mention in your video can be fixed. But you can NEVER fix bad geography.

rubenbaxxter
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Never, ever buy a house with an HOA if you can possibly avoid it. They are legalized racketeering and a $20 billion a year industry.

davidgapp
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Not to be contrary, I bought my house 40 years ago in1983 and the first thing I thought had to go was the big cast iron main drain pipe in my basement. The house was built in 1936, so I felt it was time to replace the cast iron with plastic. I had a premier plumbing contractor out, who agreed, it must be replaced with a plastic pipe. He took his large sledge hammer to it and after several 'Babe Ruth' swings to crack it open he had to take a rest. It was then that I made the call to abort this mission and 40 years later it is still standing and I have had zero plumbers out to my house since that day.

johnhorchler
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Back when I purchased my first real estate to live in; that was Miami 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.

ChristopherAbelman
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In the USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.

austinbar
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I would add, don't buy a house with a shared driveway, this can bring aggravation.

racay
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My house was built in 1900. So before I bought it, I got it inspected, it's a 690 square-foot house and the guy spent three hours on it. Luckily, most of the upgrades are already been done, electrical and plumbing where are my big concerns. but I can tell you one thing, the inspector told me that my house will still be standing in another 100 years. And the new houses that he's inspecting will not be here in 50. So don't shy away from old houses, they might take some work, but in the long run they're a pretty darn good investment.

nogames
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The investors are part of the problem as to why houses are unattainable these days. Greed is destroying our country.

keithtauber
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Stay away from houses on busy roads, that back to gas stations, that are near noisy freeways or railroad tracks, etc. They are often priced very low but you'll hate living there and they can be very difficult to sell. Mobile homes depreciate quickly just like a car. Condominiums are the last to increase in value in an up market and the first to fall in value in a slow market - and the HOA fees will go up nearly every year.

LectricLad
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Don’t buy a house that’s part of an association.

Dan-lrhm
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Don't buy a house that has a weird floor plan ie..have to walk through a bedroom to get to another bedroom.

ForGoodnesSake
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I also won't buy a house with add ons. They are never done right.

s
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Here's a quick list:
1) No iron pipes
2) Galvanized pipes
3) Really old electrical wiring, aluminum wiring
4) Very low pitch roof
5) previously burnt house
6) structural issues, uneven floors, cracks on walls
7) bad windows
8) house with septic tank and has sewer nearby, the county will make you convert to sewer
9) don't buy an ugly house
10) don't buy bad layout house, odd number of bathrooms and bedrooms

lancemcque
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9.) Do not buy a house in a really bad neighborhood.

LetsGoChaseThatTrain
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Don't forget to ask about sinkholes and areas that stay wet on land.

frugalmanoutdoors