What types of homes would you avoid? 👇

@azeez8399

2 ай бұрын

Homes in a flood plain.

@131313griffin

2 ай бұрын

Check to see how many rentals are in area.

Don’t completely ignore the old homes. In many cases they are built much better than these new ones. My house is 124 years old. When I got it inspected the guy said it would still be standing in 100 years. He said the new construction that he’s Inspecting now will literally not be standing in 50 years. My house had the plumbing and electrical updated before I bought it. And it has good bones. Don’t ignore the old houses. They can be great.

@katrinreal

2 ай бұрын

Thanks for sharing your perspective.

@atspeed5077

2 ай бұрын

I would agree as long as you don’t make incomplete modifications for efficiency. Or if you just don’t care about efficiency or air quality. I would much rather have a new house built to passive house standards or at least close to it.

@nogames8982

2 ай бұрын

@@atspeed5077 well, my house has central air and a new heater and air conditioning unit. So I think my air quality is just fine. Thanks. There’s no asbestos in the house. so what modifications are you talking about? I don’t understand your statement I guess.

Any HOA is out of the question Homes near retail establishments Close to Highways and Railways.. Close to Airports........ Always meet neighbors without the realtor involved...drive by on a weekend during the evening... Make sure it's not located in a shortcut area... from one busy area to the next

@katrinreal

2 ай бұрын

I agree with walking the streets when the realtor is not present. I always recommend this to my customers 🙂.

@maddierosemusic

2 ай бұрын

Homes close to schools is a no-no for me. The buses, walking traffic, and noise - no thanks.

@katrinreal

2 ай бұрын

@@maddierosemusic 👍

Excellent reminders. The part about "you can't renovate the location" is spot on.

@katrinreal

2 ай бұрын

Thank you so much for watching and chiming in! Location, location location :).

Great video. I would stay away from flip homes!

@katrinreal

2 ай бұрын

Definitely need to be careful with flips.

Many older homes can be gems. If they have been maintained well. They can be built better and last longer

After your top 10, ingress-egress is most important to me. Having to take a left turn on a busy street with no lights, just to leave the neighborhood, is a no go for me. Also the max speed should be 25 or under at the end of the driveway especially if you have kids.

@katrinreal

2 ай бұрын

Thank you for sharing!

I would also avoid a flip house. Lipstick on a pig.

@katrinreal

2 ай бұрын

A lot of them are for sure

@cpborrelli

Ай бұрын

Silly statement. Many of them are well done. All you need to do is hire a home inspector. New builders put out plent of crap too

Older homes are wonderful. Everyone said my house would be a " money pit", its absolutely not. Im so glad i didn't listen.

@katrinreal

2 ай бұрын

Hi, they can be, and can offer a lot of charm you don't find in new constructions! It depends on how well they have been kept up, and what renovations have been done on them. I believe, an experienced investor, can capitalize on older homes! A new homeowner is probably better off buying a newer home if the older home has not had many improvements.

@michah321

2 ай бұрын

@@katrinreal I disagree 1000000%. You want the home that nothing was done. Those are beautiful! Not horrible 70s and 80s remodeling, painting woodwork, gluing crappy floors to beautiful floors. I got the house affordably. I put a roof, a boiler, I had the electric updated, I put on storm windows. That's it. A few times the plumber came and fixed a couple of radiators. I love the old style, I don't WANT renovations. I want restoration. I sanded my floors and stained them. I stripped paint off all the interior doors and stained them. The house is my life's work and I love it. I have no building expertise. I just strip off paint, sand things and paint or stain. " Investors" RUIN beautiful homes!! I say buy a 100 year old home when you're 28. You'll never regret it. SCREW those horrible investors, ruining STUNNING homes and ruining opportunities for people to own a real home. Don't buy those plastic UGLY bilevels. But a piece of history and make it your own. Save it from " investors"!!

@thesrqrealtor

2 ай бұрын

@@michah321good you capitalized on an older home and are happy

I’ve been a contractor for over 30 years and have been called to do work on flippers and the sellers have wanted me to cut corners to save money and I turn down the work as I refuse to compromise my quality of work. Even on jobs that sellers have me work on, their DYI work is a nightmare.

@katrinreal

2 ай бұрын

Great points from someone in the industry.

Another great video Katrin - good point for 1st time buyers and old houses - they easily could be overwhelmed and go broke just trying to keep up UNLESS they can do the work themselves.

@katrinreal

2 ай бұрын

agree...it could become overwhelming

Excellent video.Thanks, Katrin!

@katrinreal

2 ай бұрын

Glad you liked it!

Truly a top notch and informative video!

@katrinreal

2 ай бұрын

Hey I have not seen you around for a while ;). Hope you are doing ok mystery person 😉.

I absolutely love older homes which I purchased. My house is absolutely stunning and they don't make houses like this anymore with the type of craftsmanship, beautiful beautiful beautiful beautiful beautiful hardwood-real wood floors and no HOA fees.

@katrinreal

2 ай бұрын

Thanks for sharing! Older homes are definitely great for a certain type of buyer that know what they are doing. If all major ticket items are completed, even better!

Your Channel Rocks !!!

@katrinreal

2 ай бұрын

Thank you Dave. I appreciate your comment!

Looks like a garage with some rooms attached to them

I would agree with this list. Schools and crime are a bit subjective, but I would strive for the city average at least. I would add expensive HOAs. HOAs are fine, but if the fee is approaching the fee of a condo or has over the top features like guards, controlled access or stuff you will not use, I would avoid. I think cheap HOAs are good if you want rules, and some conformity, they may aid resale slightly. If you don't like rules or the concept of HOAs, I would avoid them, but it may encourage more variety, creativity and a few chaotic houses that are doing things most HOA would restrict like going all natural with landscaping with minimal trimming. I would also add oddball features that are hard to remove. 100 gallon fishtank build in, 10+ bookcases build in, bar that is multiple rooms, tiles portraits of artistic nudes built into the walls, 300+ sq ft master bath with bidet that is all designed to be wet with bidets, extremely low effort xeriscaping with rocks of a single color and no grass at all, excessively large closest with shoe storage build in for 100s of shoes, huge painted murals in multiple rooms, huge movie room with build in seating, all solid wood floors but used 3 different species and colors, colorful pantry heavy stone door from Morocco and toilet visible from the front door. These are all things I have seen as well in my home tours, but it could be fun for an agent to sell as a challenge, but may be bad for resale. These are also houses in the 500s to 700s and not eccentric mansions in the millions to tens of millions.

@katrinreal

2 ай бұрын

You shared a nice list of additional types of homes to stay away from. 100% agree with you. Thank you for your input.

Sloping yards and flood prone areas. Homes that were in a fire are no bueno. I bought one w foundation that had been fixed. The realtor got the seller to fix the wiring junction box issues and minor roof issue the foundation company verified the home had t shifted since repairs were made.

It's really sad what we place value on. New construction is absolute trash. Go to lowes or home depot and look at the lumber. Take a level with you when looking at a new home, most new homes are built on a slab. I would even consider buying a house built after the early 2000's.

I'm so glad I stumbled onto your channel. I'd like to be a first time home owner in FL soon and since you're familiar with the FL market I'd like to know your opinion on sinkhole. Do people still worry about sinkholes in FL? Does it affect the value of the home, if so to what degree, and is it something I should worry about safety wise? I know you can get it "repaired" but I hear that's expensive and I don't know if even with the "repair" will it still affect the value, safety, and insurance coverage?

@katrinreal

2 ай бұрын

I don't give it much thought where I live. You will be best off speaking to an insurance agent and get them to provide you with local info. Some areas are more prone then other areas. Here is a high-level map indicating occurances. ca.dep.state.fl.us/mapdirect/?focus=fgssinkholes

Well,thanks Katrin, Looks like I'm stuck in my house for the duration, your list,is my house😂 Traffic mainly, we deserve a break on our homeowners' taxes. The county keeps approving new subdivisions east of 75,unfortunately those residents drive by my house on proctor,in the thousands per day😮you are not steering us towards new homes are you,lol

@katrinreal

2 ай бұрын

John, if you are happy in your home, it's all that matters. Yes, we all derserve a little break from homeowners insurance. :)

Good advice!

@katrinreal

2 ай бұрын

Glad it was helpful!

Of course you can change location. I have seen houses moved before. May cost many thousands but may be worth it. Given the market.

Bom Dia Katrin. What’s your opinion on 55 active adult communities? Example: Medley at Mirada in San Antonio Florida. Would it be a good investment?

@katrinreal

2 ай бұрын

Bom dia. Tudo bem? That's a hard one for me to answer. Typically, 55+ have a smaller buying pool which may affect the resale value. But then if there is a limited offer of these types of communities in an area, it could make it more alluring, hence prices could go up (supply and demand). It will really depend on the area and what is available. I am not very familiar with Medley at Mirada. I would touch base with a local real estate agent and get their perspective. Take care.

@rubyparchment5523

2 ай бұрын

Check the word “active.” That means they don’t like the unsightly sick, disabled. You’ll be monitored. When you stop roller skating, they put you in their locked nursing-home ward.

Neighbourhoods change 30 years ago we bought a place in what I would call a lower middle class area ( everyone knew each other and it was stable) a mix of families,retirees both full time and snowbirds,you watched ach others place and saw the kids grow up.After the pandemic hit when the prices soared up investors rushed in offering prices many could not resis.The whole area had almost no renters,now these bought out places are all renters.Within a few years the area has gone downhill in a hurry.as these investors have a revolving door of people going in and out{mostly for not paying and destroying property).People only think of the money these foolish investors are losing not the damage and image it is doing to the neighbourhood and almost everyone we talked moved out of state and most were native floridians.

I would avoid any house with a lot that is too small. I would also avoid a slab house.

@katrinreal

2 ай бұрын

A new construction home wouldn’t be for you then ;). Lots are smaller than in older communities .

@s99614

2 ай бұрын

@@katrinreal I'd have to go custom just to get a crawl space and an attic, yes,.

I don't have kids and don't care about the schools.

@Breeze-gd8wj

2 ай бұрын

I don't either but if I sell it maybe you'll be in a good school district That way is easier to sell But I also said I could do without a good school district because he could change over the years a good one could become a bad one & reverse

@sheldrake1111

2 ай бұрын

I don’t have kids either but always look at the quality of the schools in the area because it’s a huge impact on resale value. People definitely pay more to be in a good school district.

@richardsmith579

2 ай бұрын

I avoid children like the plague, but I’d like to think nearby parents care something for their children.

Never buy a home in Florida, in general. It is falling apart in nearly every demographic known to man.

I clicked on this video because I was wondering what a Pfitzenreiter is. The neighborhood I live in, Ventura, California, all the houses were built in the 1950's and they all have termite problems, plumbing problems, roof problems, gas line leak problems, bug problems, mold problems, and other problems. The median house price in my neighborhood is around $1,000,000. These houses are a ripoff. Boomers bought these houses on their low income jobs in the 1950's and now they want to sell them to a married couple that are both making $150,000 a year each.

@katrinreal

2 ай бұрын

Thank you for sharing!

@Billy97ify

2 ай бұрын

Boomers were just born in the 1950's.

@rwdchannel2901

2 ай бұрын

@@Billy97ify Boomers were born in the 1950's and they bought up all the houses. Then after buying up all the houses they protested building more houses because they didn't want the environment to be harmed. Where I live in southern California the Boomers called it 'save our hills' and stopped the construction of new houses on the hills. Now there's nowhere to buy new houses, it's hard to find long term rentals, and all the Boomers are making their spare rooms into AirBNBs for tourist to rent.

5G

I would trust a real estate that has 45 links on its page

@katrinreal

2 ай бұрын

?

The real moral of this story: Renting is always better than buying..

@katrinreal

2 ай бұрын

Yes and no. If you instead invest $ wisely, maybe. If you do not, most renters have much less equity than owners.

A condo!

@katrinreal

2 ай бұрын

Thanks for sharing. Not all condos are bad investments. Depends on scenario and situation.

@danielhuntington2116

2 ай бұрын

​@@katrinrealwith the new condo law around the corner I would not put a buyer in a condo...and even repping a seller of a condo. You don't need a very distraught client after the building gets a sick report...and they have a huge bill on their hands! They are coming back at you not very happy! How are you going to feel then?

@Breeze-gd8wj

2 ай бұрын

What is the new condo law

@Breeze-gd8wj

2 ай бұрын

​@katrintherealestateguie in Oklahoma City the annual HOA for condo is 5,100! For 3 bedroom I would never buy it! And OKLAHOMA is a cheaper state but our crime rate for the state is actually higher than California and also New York 😂😮 ** really even our govern Stitts couldn't believe it Real estate should be like super cheap