@@MP-nj1qy Most inspectors probably have 'exclusions' for mold, since it would likely be found in covered areas. If you don't mind replying, where was the mold in your house? As you know, mold can be dangerous. Have you dealt with the source of the problem? What needed to be done as far as repairs? (Health is most important, though!)
Dave: How much is the house worth? Lady: I really love lasagna. Dave: How much is the house worth? Lady: I wish roses bloomed in blue. Dave: How much is the house worth? Lady: I prefer my Samsung over iphones Dave: How much is the house worth? Lady: You know, it is time to mow again.
Even with an inspection she could still have found herself in that situation. At least my current house, the inspector missed a key code violation which should not have been missed, and it would resulted in tens of thousands of dollars worth of damage. My example is extreme, but inspectors miss stuff all the time.
@@maryeverling8238 That’s a good idea. I am lucky that I did not have any major issues considering I did take my realtors advice and used her inspector. I trust her since she is a Christian but next time around, should their be a next time around, I will get my own home inspector.
Any flip house is a gamble to the extent of how much money you can make or lose. The biggest thing I would worry about is the foundation. That is why you get a good home inspector and make sure those things are looked over.
"I thought I found a realtor I can trust". LOL!! Real estate is often times pretty shady, you don't trust a single soul. Nobody is on your side and nobody is going to give a rip if you get ripped off.
Imo, "Realtors" are on the same level as car salesmen. Only; when you buy an unreliable car, you have less years' worth of payments, whereas with a house, you're hooked for 30+++ years, unless you can dump it onto someone else.
Even if you sell for less than you bought you gotta move on and away from the bad decision. Also a 7 year arm mortgage needs to be gotten out of period. That's crazy. 👎
Shes definitely from Maryland, lots of people out here are like her, asking 15 different questions that all have the same answer yet some not all out here act like they're smarter than you even though they are asking questions they already know the answer to.
I bought a house that needed a bunch of renovations that were common sense solutions. Some of those home inspectors are garbage and only collecting a check.
@4:29 Betsy, Betsy, Betsy, SELL IT! (...for the tenth time!). I'm sorry she's in a bad position, but fortunately she couldn't have had this happen at a better time to sell a house. Sell it quick.
I was hoping she'd talk more about the issues. She may have also skipped the inspection/not known about it - she DID say her realtor ended up being untrustworthy so who knows what the story is.
@@tofupower64 There are a lot of things they can't tell you because they don't have access. The wiring in my brother's first house was literally just cut and left exposed in the walls. Live wires. No caps, nothing.
Why is it so hard for people to answer a straight question about money I feel people are so unsure of themselves but it sounds like she needs some confidence
Dave dropped the ball on this one. Does he really think a house she got scammed into paying 275 for that has major issues is going to sell for that much?
My sentiments exactly, the first key was that she said the house needs a lot of work, So the question should have been asked how much and what kind. Maybe no matter what work needs to be done to the house she should still get from under it, but suggesting that she's going to walk away with 100k after the sale is unlikely. My thought is she thinks she should get what she paid for it, not that 275k is what it's worth.
Thank you so much for speaking on the importance of her trusting herself again. I think we all get there after we make some really bad choices because we feel like we should’ve seen it coming. Forgive yourself, grow from it and move forward 😉
a 92 year old house that has been re finished is not the same thing as a new house. not even close. I realized very quickly that old houses do not sell for a high enough discount to be worth it. I looked at an 80 year old house and the property was nice, and the house was re finished it looked fine, nothing was falling apart on it. But I was just like....ok how long can this thing seriously hold up. half the houses on the street were already torn down and rebuild. Some of the others were falling apart. This one was one of the few that were majorly renovated. the realator was like well its just such a great area! I was like I dont even care for this particular neiborhood but the yard is nice. But for the price of this I can buy a new house the same size for the same price. this doesnt make any sense at all.
I was interested in a flip house I saw. Having done alot of home repairs I did some looking in the attic. The chimney was braised up with boards. Wiring was a mess. Told the realtor I would give half the price they wanted. Be careful. Don't even trust inspectors.
@@dougrobinson5830 - you funny. I wasn't trying to flame you. I could - sorta - picture a world in which the real estate lady blinks & says sold. Cuz a buncha those flips are owned by RE types. In my experience. Cheers -
That’s not the important part. Dave said it: “you are not in the real estate business.” Someone else is and this is as good a time to sell in general as you will find.
There are good and bad flippers, just like there are good and bad new builders. But the finishes are the least of your concerns. I'm a builder/flipper BTW.
@@AlanJWatkins my finishes beat yours buddy. Check my channel out. At a minimum, my house must have linear drains, linear diffusers, and Miele appliances.
She Has zero insight and will blame you for her unhappiness. She’s well defended and uses blame instead of ownership. That’s why she got lectured. She needed it. Will it help her? Unlikely
You put all the trust into your realtor because you were not in the mind frame to actually purchase the house and research what would be needed to make it operational.
The good thing about rentals is the monthly income! BUT the bad thing is the tenants! It also helps if you have skills in the trades... It gets expensive to hire out for every repair that comes up.
Once the stimmies end, inflation sets in (believe me it’s happening - lending will tighten), the index funds will flatten. They will probably do as well as anything else …. But - all the eggs? Never a good idea.
Funny how people choose to get wealthy. I bought a 110 year-old house because I wanted to live in it. Not wealthy, never will be but still happy after all these years.
just by hearing this she way overpaid for a 95 year old house(even i know that),that needs ton of repairs,she may not even get 200k for it..she isn't the brightest in the crayon box.
because a lot of people like to let air out their mouths and some like to listen to themselves speak. I know people like this they will speak a whole book then when you give your input they will cut you off or interject, people like this need to be treated like Dave treated her.
This is an example of the soft easily offended mentality sweeping this nation right now. Sounds like she didn't do her homework when she bought the house, especially if she didn't know what she was getting into and blindly trusting the agent. She was wrong and needs to own up to making a stupid decision, we all make stupid decisions, doesn't make the person stupid.
![COLOMBIA vs. CHILE [4-0] | RESUMEN | ELIMINATORIAS SUDAMERICANAS | FECHA 10](http://i.ytimg.com/vi/TDjN4W3yy1k/mqdefault.jpg)
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She was trying to hide behind her own victimhood. Good advice from Dr. John, admit you made a mistake and then fix it.
Agree!!!
Agree. She's being a victim.
There has never been a better time in history to sell a lemon that needs work
I completely agree.
Literally saw the BIGGEST piles of junk going for 10s of thousands over asking in my city…
This statement could apply to both a house and a vehicle right now. Either could be half rotted away and still sell for decent money.
Has by a nother one.
@@huegel05cc DEFINITELY I was looking to get a cheap fun second car and used prices are SO out of wack right now.
She assumes NO responsibility in her choices. She blames everyone else for her poor decisions.
Never use the realtor's inspector- always hire your own.
Find the bulldog inspector--not the realtor's "lapdog" inspector.
Yes, learned this the hard way.
Amen to that, I got burnt in a deal like this. I discovered mold after closing.
@@MP-nj1qy Most inspectors probably have 'exclusions' for mold, since it would likely be found in covered areas. If you don't mind replying, where was the mold in your house? As you know, mold can be dangerous. Have you dealt with the source of the problem? What needed to be done as far as repairs? (Health is most important, though!)
Dave: How much is the house worth?
Lady: I really love lasagna.
Dave: How much is the house worth?
Lady: I wish roses bloomed in blue.
Dave: How much is the house worth?
Lady: I prefer my Samsung over iphones
Dave: How much is the house worth?
Lady: You know, it is time to mow again.
How long did it take you to come up with this comment lol
@@ImDahDude probably not very long it doesn't take any brain cells for this comment :)
@@Water4Mart obviously I’m being sarcastic 😂.
@@ImDahDude obviously I am being sarcastic too :)
90% of the women. I realized this when I started noticing a lot of women don’t answer straight away. I’m self aware of it now and it’s annoying
Poor lady didn't deserve to be treated like that 😔
She blames everyone else for her poor decisions and doesn’t listen. Good combo
I do hope that your picture perfect n u never are wrong or make mistakes... 👏🏻 bravo
She is about as neurotic as they come...
She can't accept the fact that she's upside down.
She took money from her husband and tried to use it to buy house. Smh
And you personally know this for a fact.. correct?
You gotta be real careful when buying those flip houses
So true!
Did she not get a home inspection? Ramsey yelling to get his answer 😂😂
Even with an inspection she could still have found herself in that situation. At least my current house, the inspector missed a key code violation which should not have been missed, and it would resulted in tens of thousands of dollars worth of damage. My example is extreme, but inspectors miss stuff all the time.
Sometimes home inspections r a joke, they just give a cursory look n don’t go into a deep look or inspection
@@ea1420 yes n u want one that doesn’t work for the real estate company or seller
@@ea1420 True. So sorry to hear that.
@@maryeverling8238 That’s a good idea. I am lucky that I did not have any major issues considering I did take my realtors advice and used her inspector. I trust her since she is a Christian but next time around, should their be a next time around, I will get my own home inspector.
Any flip house is a gamble to the extent of how much money you can make or lose. The biggest thing I would worry about is the foundation. That is why you get a good home inspector and make sure those things are looked over.
"I thought I found a realtor I can trust". LOL!! Real estate is often times pretty shady, you don't trust a single soul. Nobody is on your side and nobody is going to give a rip if you get ripped off.
Imo, "Realtors" are on the same level as car salesmen. Only; when you buy an unreliable car, you have less years' worth of payments, whereas with a house, you're hooked for 30+++ years, unless you can dump it onto someone else.
Dave: what is the house worth ?
Caller: well... in the beginning God created the.... 😂😅
😂😂😂😂😂
Even if you sell for less than you bought you gotta move on and away from the bad decision. Also a 7 year arm mortgage needs to be gotten out of period. That's crazy. 👎
Shes definitely from Maryland, lots of people out here are like her, asking 15 different questions that all have the same answer yet some not all out here act like they're smarter than you even though they are asking questions they already know the answer to.
People paying stupid over inflated prices right now , we’re going to see millions of calls on this exact situation .
I bought a house that needed a bunch of renovations that were common sense solutions. Some of those home inspectors are garbage and only collecting a check.
Personal finances are 80% behavior and 20% head knowledge!!!! That’s true fact people got to stop being normal and get uncomfortable
Great advice! You have saved this woman if she follows through. Let's pray she does what she has been told. Sell sell sell!
@4:29 Betsy, Betsy, Betsy, SELL IT! (...for the tenth time!). I'm sorry she's in a bad position, but fortunately she couldn't have had this happen at a better time to sell a house. Sell it quick.
Did the home inspector miss a bunch of things? The realtor isn't the inspector
You won't know there are problems until you a) live in it and b) open walls. Inspectors can only tell you what they see from the outside
Don't trust inspectors!
I was hoping she'd talk more about the issues. She may have also skipped the inspection/not known about it - she DID say her realtor ended up being untrustworthy so who knows what the story is.
Some inspectors do a great job but there are lots who are total clowns.
@@tofupower64 There are a lot of things they can't tell you because they don't have access. The wiring in my brother's first house was literally just cut and left exposed in the walls. Live wires. No caps, nothing.
Why is it so hard for people to answer a straight question about money I feel people are so unsure of themselves but it sounds like she needs some confidence
Because they already know the answer, and they are hoping someone won't say it.
That's a chick thing
Dave dropped the ball on this one. Does he really think a house she got scammed into paying 275 for that has major issues is going to sell for that much?
Not in Baltimore.
My sentiments exactly, the first key was that she said the house needs a lot of work, So the question should have been asked how much and what kind. Maybe no matter what work needs to be done to the house she should still get from under it, but suggesting that she's going to walk away with 100k after the sale is unlikely. My thought is she thinks she should get what she paid for it, not that 275k is what it's worth.
The caller got OWNED, when she bought the home
Thank you so much for speaking on the importance of her trusting herself again. I think we all get there after we make some really bad choices because we feel like we should’ve seen it coming. Forgive yourself, grow from it and move forward 😉
When Dave is like... What. is. the. house. worth!?! 🤣😂 and they both said SELL.
I see where the divorce came from . She doesn’t listen and makes bad choices . Glad John made her accountable
It might not be all that bad of a deal actually. But that loan was bad.
@Natural Healing Methods u win
Can't understand ppl buying old homes without inspections
Hahahaha the caller is funny, can't get to the point lol
Never, ever buy a flipped house. All your buying is a lot of structural faults covered with a fresh coat of paint.
So did she not see the house before buying? Any inspections?
so what do you want her to do? Spend $20k and sue the inspectors?
95 year old house, Good luck with that. Houses need constant attention.
Starts looking around my 200 year old house
a 92 year old house that has been re finished is not the same thing as a new house. not even close. I realized very quickly that old houses do not sell for a high enough discount to be worth it. I looked at an 80 year old house and the property was nice, and the house was re finished it looked fine, nothing was falling apart on it. But I was just like....ok how long can this thing seriously hold up. half the houses on the street were already torn down and rebuild. Some of the others were falling apart. This one was one of the few that were majorly renovated. the realator was like well its just such a great area! I was like I dont even care for this particular neiborhood but the yard is nice. But for the price of this I can buy a new house the same size for the same price. this doesnt make any sense at all.
Great Advice
Dave wasn't having it!
That house has got MAJOR issues. You can hear it in her voice. She would feel guilty selling it as is. Probably rife with black mold.
Put a fair price on it, someone will take it
Like what? Not one single issue was discussed in the video.
Easier said than done. She needs to secure a place to live before she sells what she has.
Not really.... she can live in a motel while apartment shopping.
I've done it, after selling my houses. No big deal.
And pay movers etc etc
Become a renter. Great advice.
I was interested in a flip house I saw.
Having done alot of home repairs I did some looking in the attic. The chimney was braised up with boards. Wiring was a mess. Told the realtor I would give half the price they wanted. Be careful. Don't even trust inspectors.
...then what? Did you buy the house at 50% off?
Flippers take too many shortcuts and use cheap materials.
But many only look at the cosmetics and their feelings.
@@rethinkcps2116 Heck No!
@@dougrobinson5830 - you funny.
I wasn't trying to flame you. I could - sorta - picture a world in which the real estate lady blinks & says sold.
Cuz a buncha those flips are owned by RE types. In my experience.
Cheers -
but do I have to wait for the stars to align before I sell the house?
She lives in Baltimore Maryland that house prob worth 325k at least. She just doesn't know what she is doing.
LADY, SELL THE FREAKIN HOUSE
Lets go Betsey!
Haha "Jooohn".. "I was talking about me, not you." Lol comedians
21 years of that 🤣😂
She said, I paid 275 K and it's worth maybe 275 K on the market....I'm missing something here....The 100K Profit ?.... Plez Splain this one...
I think she was speaking in reference to how much she’s already put on the mortgage.
It sounds like she ethically torn and hesitant to sell the bad house to another unsuspecting buyer..
You’re right on point. Everyone skip this important part.
That’s not the important part. Dave said it: “you are not in the real estate business.” Someone else is and this is as good a time to sell in general as you will find.
Why are people buying homes without an inspection
Flip or get flipped. I don't know why people buy flipped homes, the furnishes these flippers have are disgusting. Not to mention you're overpaying lol
There are good and bad flippers, just like there are good and bad new builders. But the finishes are the least of your concerns.
I'm a builder/flipper BTW.
@@AlanJWatkins my finishes beat yours buddy. Check my channel out. At a minimum, my house must have linear drains, linear diffusers, and Miele appliances.
@@saulgoodman2018 Not true, a house you buy and live in for 10 years and outgrew is not the definition of a flip house!
There is a sucker born every minute
Don't make me pull this car over! Don't make me get up out of this chair!
Stay in your lane grandma
She sounds like she’s difficult to live with.
She Has zero insight and will blame you for her unhappiness. She’s well defended and uses blame instead of ownership. That’s why she got lectured. She needed it. Will it help her? Unlikely
@@5thdimension625 "That's" also why she's divorced.
Sell it.
Dave: what is the house worth
Caller:blaise blaise whatever.
Me: people are stiffnecks
You put all the trust into your realtor because you were not in the mind frame to actually purchase the house and research what would be needed to make it operational.
The windshield is bigger than the rearview mirror, look forward
Is real estate investing even worth it? I feel like it’s easier to go with index funds. Any advice would help. Thanks
The good thing about rentals is the monthly income! BUT the bad thing is the tenants! It also helps if you have skills in the trades... It gets expensive to hire out for every repair that comes up.
Not worth it. Stick with stocks!
Once the stimmies end, inflation sets in (believe me it’s happening - lending will tighten), the index funds will flatten. They will probably do as well as anything else …. But - all the eggs? Never a good idea.
Folks Dr. D and Dave the dynamic duo. This is a huge mental health situation.
I love grumpy Dave lol
You shouldn't be yelling at people like that!
just add 20% to be on the safe side
A house that needs work is a better flipper than one that needs little done with it.
Uh, lady, were you not an adult during all this? just curious, because it seems to be everybody else's fault.
Sell the house, maybe you have to pay a bit of a "dumb decision tax", move on and let it be a learning experience. no brainer.
1:14
Dave: 👴🏻...🤨...😤...🤬
Has anyone ever used one of Dave’s ELPs?
I used a realtor in Tampa Very good experience Well connected and got good deals on fixing things. Recommend. Also, not pushy, very experienced.
@@con2nor4 awesome! Thanks for your reply.
I used a realtor and my experience was not good. I fired her.
@@aba1791 I’ve heard the same… hence my question. Thanks!
Well Dave didn't let her ask her main question. Shes worried about the ethicality of selling a house with problems.
When selling a house/car/etc no seller has ethics.🤣
Nice work 🌠🎇🎆
Why did you not know how much work it needed before you bought it?
I would never buy a flip house
Boy starts cooking at 3:22
Its pretty bad when Dave has to yell at you!
Funny how people choose to get wealthy. I bought a 110 year-old house because I wanted to live in it. Not wealthy, never will be but still happy after all these years.
In the UK and you say your house is 110 years old... So you brought a new build then 🤣🤣🤣 sitting in my nearly 200 year old house lol
@@cashkitty3472Living in an old house is like sharing your days in the company of a wise old friend. Cheers from across the pond.
Johns voice sound different?
No wonder she’s divorced!
Lol That mute button
just by hearing this she way overpaid for a 95 year old house(even i know that),that needs ton of repairs,she may not even get 200k for it..she isn't the brightest in the crayon box.
Ok
Women and houses always.
Dr John sounds sick…OF BEING SICK AND TIRED…jk😂
Stopped listening as soon as i heard "Baltimore"
no kidding.......you think a flipped home was fixed up with first rate quality materials?
This lady just wants to talk.
It seems like most of Ramsey's callers problems begin with the sentence "I bought a house"
Think I'll avoid this problem by buying a tent ⛺
I am pretty sure this woman is inflated the house worth.
Sometimes people just get taken, it happens!
Who’s gonna want to buy that house
Omg she's annoying why even call if you're not going to listen to the advice given?
because a lot of people like to let air out their mouths and some like to listen to themselves speak. I know people like this they will speak a whole book then when you give your input they will cut you off or interject, people like this need to be treated like Dave treated her.
She need a husband….🙄
That poor guy her ex is much happier now
Another wedding day liar.
I can tell just by listening she’s a democrat...
Ok sooner…
This made me LOL!!!
I thought the same thing. Everything that happened to her, she blames everybody else for!!! That is the definition of a Demonrat.
Quiet, quiet and listen! Jeez!
Good luck finding a rental.
Betsy Betsy Betsy... s e l l i t
You guys were very rude to Betsy!
She needed to hear it. Like they said, she needs to trust herself again.
How?
This is an example of the soft easily offended mentality sweeping this nation right now. Sounds like she didn't do her homework when she bought the house, especially if she didn't know what she was getting into and blindly trusting the agent. She was wrong and needs to own up to making a stupid decision, we all make stupid decisions, doesn't make the person stupid.
BRING CHRIS BACK
Betsy watched too much HGTV….
She needs to rent doesn’t have the common sense to own a house
1:34 it's time to move on Dave!... Your a completely heartless angry old man!