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NEVER Buy A New Construction Home

  Рет қаралды 24,210

Jeb Smith

Jeb Smith

Күн бұрын

Пікірлер: 85
@JebSmith
@JebSmith 3 ай бұрын
➡NEVER Buy These Types Of Houses - kzbin.info/www/bejne/Y3_Iq2yHZpuIn5I ➡NEVER Buy A House In These Locations - kzbin.info/www/bejne/jaiQoJaCbs5lZ80 ➡NEVER Buy A Home In an HOA - kzbin.info/www/bejne/p3TOm6h5p6t7oMk ✅ - Work Directly with My Team (Mortgage and Real Estate Nationwide) - www.jebsmith.net/referral
@bradh9800
@bradh9800 3 ай бұрын
Bought a new construction in 2004. Plumbing from master bath was leaking to lower floor. Builder came back and fixed plumbing and ceiling. Found out nails had been driven through washroom supply line. Builder came back and fixed supply lines, drywall and first floor ceiling again. Mistakes happen - just make sure your builder will back up the repairs.
@JebSmith
@JebSmith 3 ай бұрын
Good for you to get them to fix..............In CA, it's a 10 year warranty on new contruction but what you're talking about happens all the time.
@Adroit1911
@Adroit1911 11 күн бұрын
@@bradh9800 in Utah the builder will tell you that your insurance has to take care of it, while your insurance will tell you that the builder has to take care of it. And if it's an infrastructure problem, like draining, the city gets involved in the finger pointing game. And nothing gets solved until you pay for it yourself. Don't buy new construction.
@dhaynes325
@dhaynes325 3 ай бұрын
I bought a new construction KB home about 3 1/2 years ago. At that time I had a realtor. We look at other homes but the bidding war was ridiculous. So we went for a new home. It took a year and a half due to Covid and supplies. When it was finished my realtor hired a home inspector who inspected the home after KB inspected it the following week. He was there for 4 hours and he said the house is good to go with no major issues. The minor things such as paint, stucco he wrote in his report and KB went out to fix all those minor issues. Please do your home inspection and hire a great realtor like I had even though it was a new construction. She was very good at her job
@JebSmith
@JebSmith 3 ай бұрын
Agreed..............Thanks for sharing.
@mustafanosrat4388
@mustafanosrat4388 3 ай бұрын
I bought new home from Ryan home in VA, hired my own inspector and couldn’t find 0 problem, happy so far
@Pen2Paper99
@Pen2Paper99 3 ай бұрын
I have bought two brand new homes. One of them was a Lennar back in 2002 and everything was good, absolutely no problems with the home. The 1st home was with a builder called UDC back in 1993, but they are out of business. Everything was good except the windows leaked. A lot of phases, the windows needed to be replaced, but honestly they are not making solid homes anymore like they use to. And if my boys by new construction...i will definitely highly recommend getting their own inspection done. It's definitely worth the money!
@Jack-russell103
@Jack-russell103 3 ай бұрын
I just bought a brand new home from a small builder in palm coast fl. I sold my old ranch home in palm beach county moved up here to get out of the hurricane bullseye zone....very happy with my new build...came with landscaping. I had it fully inspected, and in fact the builder requested I got my own inspections done for warranty purposes...I negotiated gutters be added as well as window treatments. these are all things that can be negotiated as well as a price reduction or instead of.......they will happily include extras so as not to lower the. sale price for comps in the area... so far so good jebbers
@Jack-russell103
@Jack-russell103 3 ай бұрын
ps I didnt buy in a hoa. and I have no cdd fees. im on a private lot
@JebSmith
@JebSmith 3 ай бұрын
Nice..........congrats!
@Rob_G716
@Rob_G716 3 ай бұрын
Bought a Toll Brother home, they’re redoing my entire subfloor upstairs
@huynguyentoantin
@huynguyentoantin 3 ай бұрын
Great video! I like solid brick houses which virtually do not exists in new constructions
@JebSmith
@JebSmith 3 ай бұрын
Correct, at least not in the majority of the United States. They used to do a lot of them back in the day, but not so much these days as they’re more expensive to build.
@NewCurrencyClub
@NewCurrencyClub 19 күн бұрын
You raised several great points in this video. Thanks for sharing.
@JebSmith
@JebSmith 19 күн бұрын
Appreciate it!
@KJInvesting
@KJInvesting 5 күн бұрын
Great content!!
@JebSmith
@JebSmith Күн бұрын
Thank you.
@sergetinc1344
@sergetinc1344 3 ай бұрын
This is crazy! These homes aren’t cheap but they are built that way. Smh.
@JebSmith
@JebSmith 3 ай бұрын
That’s what happens when you’re building for time, they’re in a hurry to get these things done so they can beat the market but also so they can maximize profit
@MetalMike81
@MetalMike81 3 ай бұрын
@@JebSmithI feel like that is how things are these days. There are only a few Major builders that are willing to jump through the regulations in states like CA. Like you mentioned, there aren’t a lot of areas to build since most of SoCal was built up in the last 40-50 years. We looked for resale homes of comparable size and location, they were all out of price range plus bidding wars, plus any updates that would be desired.
@harikrishnanchandramohan4209
@harikrishnanchandramohan4209 Ай бұрын
Well, all houses are new construction at one point right. Do you mean to insist after one or two residents, the problems would be fixed.
@ntay9889
@ntay9889 3 ай бұрын
Bought new construction a year ago. Paid for an inspection & it came back pretty solid, but there's been issues & I wouldn't buy from a mass-builder ever again. I recommend that you check the plumbing infrastructure in the city where you are purchasing. Especially from the home to where it hooks up to the city lines. New construction is over-rated.
@JebSmith
@JebSmith 3 ай бұрын
where are you located?
@ntay9889
@ntay9889 3 ай бұрын
@@JebSmith Ohio
@Robert-e2h9z
@Robert-e2h9z 3 ай бұрын
I’m 70 , bought 5 new houses in my lifetime. I built the last 3 myself. It took me about 10 to 12 months to build one . When we moved in the 3rd house there was no mortgage. Paid for it from previous first and 2nd house sales profit . The 5th house I’m in now was built in 2010. Now I have arthritis can’t bend over and pick up a quarter. I do love the smell of fresh lumber 😊😊
@JebSmith
@JebSmith 3 ай бұрын
Nice.............congrats!
@rainbomg
@rainbomg 2 ай бұрын
I got arthritis at 29, it’s been hard so I feel you on that. I want to build my own house, but I can’t do it alone. Are you a contractor? What was your process like, where did you get your design and labor from, and how much did you invest in the build vs what it’s worth fully built? Can you explain why houses don’t have many windows anymore? I feel like windows are so tiny and scarce in houses anymore. Are they super pricey or difficult to construct around? I’m a muralist fwiw, not a builder at all, but I have done a bit of repairing and renovating over the years.
@stephendiamond9893
@stephendiamond9893 10 күн бұрын
At the end, you do a punchlist. Bring in an inspector and you walk around if you notice cracks in the sheetrock, they have to fix it if you notice anything, such as air leaks through the windows. Whatever problem you find you always withhold the last two payments.
@Slideyslide
@Slideyslide Ай бұрын
People often compare buying a new home to buying a new car, but the two are vastly different. Homes are built by numerous contractors with varying levels of skill, whereas cars are assembled on a production line using precise jigs and repetitive processes. It's much easier to ensure consistency in vehicles than in homes, which are often unique.
@drscopeify
@drscopeify 3 ай бұрын
I can't imagine buying a new or existing home and only living there for 2-3 years, it is just so much work and effort, I have been at my home now for 12 years and that seems much more realistic.
@JebSmith
@JebSmith 3 ай бұрын
Moving isn't easy, that's for sure. The majority of homeowners are staying in their homes about 11-12 years right now and it's continuing to creep up.
@braticuss
@braticuss Ай бұрын
80% of new construction is like this. Except most of the time, it's things you can't see. They'll take the time with the outward facing things, but behind the walls is a mess.
@bb-ve8id
@bb-ve8id 3 ай бұрын
I’ve been lucky so far. I follow Cy. He’s very knowledgeable!
@dixielandproductionco.6989
@dixielandproductionco.6989 3 ай бұрын
Thanks for the notification smashed the thumbs up very informative episode
@JebSmith
@JebSmith 3 ай бұрын
🙏🏻 thank you
@dixielandproductionco.6989
@dixielandproductionco.6989 3 ай бұрын
@@JebSmith your welcome
@n0rbakn0rbak38
@n0rbakn0rbak38 3 ай бұрын
The Housing market is changing infront of our eyes for customers, realtors and loan brokers and we keep looking through the rear view mirror.
@jaxamilius5237
@jaxamilius5237 2 ай бұрын
its the same here in uk. entire developments were demolished because houses were not built up to standards
@PlayedTV
@PlayedTV 3 ай бұрын
in 2012 at age 27 I bought a brand new home from Lennar for $270k in Palm Springs, CA. I kept it and that house is now $1.1M+.... Where did I go wrong again?
@JebSmith
@JebSmith 3 ай бұрын
Sounds like you did just fine............Not all new construction is bad, just need to know what to watch out for as I mentioned in the video.
@rainbomg
@rainbomg 2 ай бұрын
Lol you went wrong by not listening to the whole video and thinking that your experience is the only possible one to be had. Maybe a more helpful comment would be one that describes why your own personal experience worked out. Did you get an inspection, did you get lucky, did you research the builder, or what? What’s lennar?
@PlayedTV
@PlayedTV 2 ай бұрын
@@rainbomg maybe because i’m not some crazy cat lady so you didn’t comprehend.
@rainbomg
@rainbomg 2 ай бұрын
@@PlayedTV 😂 ad hominem is rarely used when the argument is sound or the arguer is competent. Why so defensive, friend?
@bigbad-rl9ol
@bigbad-rl9ol Ай бұрын
@@PlayedTV Just living in California😂😂😂
@oaxaca1948
@oaxaca1948 3 күн бұрын
don't use a bank inspector or a realtor inspector, hire your own board certified inspector.
@JebSmith
@JebSmith 2 күн бұрын
I've never heard of a bank inspector or realtor inspector...............
@falsificationism
@falsificationism 3 ай бұрын
YES yes yes yes YES! I know it's emotionally satisfying to hate on regulations, but _consumer protections_ are good, actually. Good home inspectors are sticklers for a reason.
@JebSmith
@JebSmith 3 ай бұрын
I agree...........there needs to be checks and balances on all sides.
@uscrene
@uscrene 3 ай бұрын
Great point on location! Rancho Mission to Get Anywhere.
@JebSmith
@JebSmith 3 ай бұрын
🤦🏻‍♂️
@ayoubbidari4078
@ayoubbidari4078 3 ай бұрын
Thank you for mentioning this cons.
@oaxaca1948
@oaxaca1948 3 күн бұрын
that's why I bought a 1920s home and will fix it up.
@JebSmith
@JebSmith 2 күн бұрын
Where did you buy?
@ViewerC7100
@ViewerC7100 3 ай бұрын
Title should say New Recent homes. Noticed a lot of these new homes with problems are the ones built during the pandemic boom.
@JebSmith
@JebSmith 3 ай бұрын
It's still happening right now in AZ, that's where a lot of the inspectors that are posting on social are located.
@ViewerC7100
@ViewerC7100 3 ай бұрын
@@JebSmith Right on, Thanks for the info.
@lastsocial0305
@lastsocial0305 2 ай бұрын
Every home at some point in time or another was a new construction home. Logically speaking, how does your declaration make sense?
@butterflygirl3359
@butterflygirl3359 16 күн бұрын
@@lastsocial0305 Before society went to hell, people were competent and individuals and companies held themselves personally responsible for work product. There were standards to maintain as a matter of decency and reputation. That mindset is long gone. I have lived in houses built in the 1940’s and the 1960’s and those homes are more solid, beautifully crafted and still going strong than anything built today will ever be. The materials were better and the craftsmanship and attention to detail and quality were unparalleled. We had a very expensive addition built onto our older home in 2007 and the difference is astounding.
@lastsocial0305
@lastsocial0305 16 күн бұрын
@butterflygirl3359 Are you kidding!!! I've owned two homes-one built in 1948, the other in 1956- and there were problems over problems you would not imagine. From rotting wood, failing foundation, roof problems, and old outdated electrical wiring, you name it!!! Having a new construction home has been an absolute Godsend!
@IronMikeBison
@IronMikeBison 3 ай бұрын
Yeah, pay for home inspection at the foundation stage, pre drywall, and completion. I mean ur spending 500k+, it’s worth it to pay 350 at each stage.
@JebSmith
@JebSmith 3 ай бұрын
I'm not sure all builders will allow that but it would make sense if you can.
@carlosladner3181
@carlosladner3181 2 ай бұрын
@@IronMikeBison gosh I wish i would've been wiser when I was 21. I bought a newly constructed house back in 2001 My realtor convinced me that I didn't need to get an inspector that all new homes are already inspected. Well a couple months after I moved in I noticed cracks above my doors. Called the builder and told him I think the house has foundation problems. He insisted it was just the house settling. Well about every year or 2 I have to adjust my doorknobs or shave the top of my doors. Had no idea the foundation warranty was for as long as it is. Well it's probably way past that now. I'm trying to move here before too long and I'm not sure how I'm gona go about trying to sell now. I'm definitely gona contact the pos and ask him if he's happy with himself for knowingly getting over on a young man that had recently became a paraplegic and got a settlement enough to purchase my home outright. Hopefully karma will or has caught up with him. My realtor isn't any better.. Just trying to figure out what to do from here
@SergeLynx89
@SergeLynx89 3 ай бұрын
No suprise this is happening. Since home builders don’t have much competition they are starting to get sloppy. Such as why dr Horton and one other I can’t recall had their status downgraded in market due to their recent shotty construction in past few years. It’s all about the dollar and no longer quality. In my opinion its best now days to look into prefab homes then these on site construction cause of this bull crap going on. Such as box/tesla homes. Least you can see and know what you’re getting into.
@JebSmith
@JebSmith 3 ай бұрын
Building for Quanity.........Not Quality.
@michaelcullars1039
@michaelcullars1039 3 ай бұрын
On point, ​@@JebSmith
@edwinjacks
@edwinjacks Ай бұрын
Maybe the low wage , low skilled immigrant laborers n sub contractors are the issue. Besides, with all of the beer cans found on work sites, wat do you think the build quality gonna be??? Before, some years back wen most of these builders were out of trade schools n apprenticeship programs the building quality was much better n solid.
@kauldercage5469
@kauldercage5469 Ай бұрын
never buy in a subdivision.
@DSNCB919
@DSNCB919 Ай бұрын
Yeah sure bought new 2020 sold 2024 for 175k more bought new again in 2024 its easier to inspect a new construction home from start to finish than to inspect a fully built home from the 60s... Also alot of these areas you mentuoned that arent developed are being devloped so if you buy early you are likely to get massive equity this is fear mongering
@JebSmith
@JebSmith Ай бұрын
You are absolutely right, new construction can be a great option when done correctly. Far from Fear Mongering, just pointing out what buyers need to pay attention to so they don't get screwed.
@brianongteco3536
@brianongteco3536 3 ай бұрын
Buy on trusted builders
@JebSmith
@JebSmith 3 ай бұрын
Unfortunately, a lot of the builders with the problems are the ones that are “trusted”
@legacyopp9318
@legacyopp9318 3 ай бұрын
Cyfy got shadow banned
@JebSmith
@JebSmith 3 ай бұрын
I still see his content but mostly on Tiktok.
@drewvogel1815
@drewvogel1815 3 ай бұрын
Simply just get a structural engineer involved. It's worth it.. Jeb you can't be telling people not to buy new construction you need to tell them the right way to buy a new construction it's too obvious you're trying to push for realtors.
@JebSmith
@JebSmith 3 ай бұрын
Not at all.............I'm telling people what to watch out for if/when they decide to buy new construction. I have no issues with new construction as long as you know what you're getting in to. Unfortunately KZbin rewards the crazy titles.
@drewvogel1815
@drewvogel1815 3 ай бұрын
@@JebSmith got it, I appreciate the response Jeb. I also understand your KZbin channel has to be successful.
@encinainfanttoddlerprogram4348
@encinainfanttoddlerprogram4348 Ай бұрын
I bought a new construction home in California and I love my house. KB home, he is so full of shi*. Not in California because our housing laws are different than other states.
@derekf9017
@derekf9017 Ай бұрын
jeeeesssussss
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