NEVER Buy A New Construction Home

Buying new construction could be a HUGE Mistake. In this video, I discuss why new construction is often misunderstood and why you should NEVER Buy A New Construction Home
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Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Real Broker
#housingmarket #firsttimehomebuyer #realestate

[@JebSmith]

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[@bradh9800]

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]

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.

[@Pen2Paper99]

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!

[@dhaynes325]

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]

Agreed..............Thanks for sharing.

[@Jack-russell103]

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]

ps I didnt buy in a hoa. and I have no cdd fees. im on a private lot

[@JebSmith]

Nice..........congrats!

[@mustafanosrat4388]

I bought new home from Ryan home in VA, hired my own inspector and couldn’t find 0 problem, happy so far

[@huynguyentoantin]

Great video! I like solid brick houses which virtually do not exists in new constructions

[@JebSmith]

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.

[@sergetinc1344]

This is crazy! These homes aren’t cheap but they are built that way. Smh.

[@JebSmith]

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]

@@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.

[@ntay9889]

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]

where are you located?

[@ntay9889]

@@JebSmith Ohio

[@jaxamilius5237]

its the same here in uk. entire developments were demolished because houses were not built up to standards

[@bb-ve8id]

I’ve been lucky so far. I follow Cy. He’s very knowledgeable!

[@dixielandproductionco.6989]

Thanks for the notification smashed the thumbs up very informative episode

[@JebSmith]

🙏🏻 thank you

[@dixielandproductionco.6989]

@@JebSmith your welcome

[@lastsocial0305]

Every home at some point in time or another was a new construction home. Logically speaking, how does your declaration make sense?

[@drscopeify]

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]

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.

[@n0rbakn0rbak38]

The Housing market is changing infront of our eyes for customers, realtors and loan brokers and we keep looking through the rear view mirror.

[@falsificationism]

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]

I agree...........there needs to be checks and balances on all sides.

[@IronMikeBison]

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]

I'm not sure all builders will allow that but it would make sense if you can.

[@carlosladner3181]

@@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

[@ayoubbidari4078]

Thank you for mentioning this cons.

[@Rob_G716]

Bought a Toll Brother home, they’re redoing my entire subfloor upstairs

[@Robert-e2h9z]

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]

Nice.............congrats!

[@rainbomg]

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.

[@uscrene]

Great point on location! Rancho Mission to Get Anywhere.

[@JebSmith]

🤦🏻‍♂️

[@PlayedTV]

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]

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]

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]

@@rainbomg maybe because i’m not some crazy cat lady so you didn’t comprehend.

[@rainbomg]

@@PlayedTV 😂 ad hominem is rarely used when the argument is sound or the arguer is competent. Why so defensive, friend?

[@ViewerC7100]

Title should say New Recent homes. Noticed a lot of these new homes with problems are the ones built during the pandemic boom.

[@JebSmith]

It's still happening right now in AZ, that's where a lot of the inspectors that are posting on social are located.

[@ViewerC7100]

@@JebSmith Right on, Thanks for the info.

[@alucard4860]

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]

Building for Quanity.........Not Quality.

[@michaelcullars1039]

On point, ​@@JebSmith

[@legacyopp9318]

Cyfy got shadow banned

[@JebSmith]

I still see his content but mostly on Tiktok.

[@brianongteco3536]

Buy on trusted builders

[@JebSmith]

Unfortunately, a lot of the builders with the problems are the ones that are “trusted”

[@drewvogel1815]

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]

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]

@@JebSmith got it, I appreciate the response Jeb. I also understand your KZbin channel has to be successful.