NEVER Buy A New Construction Home
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- Опубликовано: 6 фев 2025
- 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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I bought new home from Ryan home in VA, hired my own inspector and couldn’t find 0 problem, happy so far
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.
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.
@@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.
And people still complain about "regulation" killing their business. Nonsense. Regulations makes sure a huge company doesnt screw over the average Joe. A 10yr warranty in CA is incredible.
@@RedSnakeGT500all Regulation isn’t good…
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.
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
Agreed..............Thanks for sharing.
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!
Great video! I like solid brick houses which virtually do not exists in new constructions
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.
You raised several great points in this video. Thanks for sharing.
Appreciate it!
Bought a Toll Brother home, they’re redoing my entire subfloor upstairs
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
ps I didnt buy in a hoa. and I have no cdd fees. im on a private lot
Nice..........congrats!
Gutters were extra? 😂
@@RedSnakeGT500 yup
don't use a bank inspector or a realtor inspector, hire your own board certified inspector.
I've never heard of a bank inspector or realtor inspector...............
The golden era of home construction was the late 70s through about 1990, when genuine custom builders who cared about the quality of their work were abundant. The cookie cutter, bulk builders that dominate the market now produce absolute bottom dollar homes. If you want a really well built home, look for a neighborhood from the 1980s in which none of the houses look even remotely similar. This isn't an absolute guarantee you're getting a well-built home, but it is an effective heuristic to narrow your search substantially. You'll find things like Andersen wood windows, real wood trim, real wood cabinets, etc. These are all clues that will point you in the general direction of quality before even scheduling a tour. If the houses all look the same, that's a huge red flag. The only way I'd build a new home today is if I were going to be my own general contractor, or I were able to find an individually or family owned builder with impeccable credentials and references, in a neighborhood in which a builder is not forced upon you. Such "bring your own builder" neighborhoods are few and far between these days.
I think their are people out their that want to buy but there just getting smarter and not going to pay hugely over inflated prices.
Also home builders aren’t building houses for single people that just might want a small house with a nice yard.
Thanks for the notification smashed the thumbs up very informative episode
🙏🏻 thank you
@@JebSmith your welcome
Great content!!
Thank you.
Thank you for mentioning this cons.
Interesting. Thx
I appreciate the comment!
This is crazy! These homes aren’t cheap but they are built that way. Smh.
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
@@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.
Great point on location! Rancho Mission to Get Anywhere.
🤦🏻♂️
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.
I agree...........there needs to be checks and balances on all sides.
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.
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.
My home was built in 1935. The quality of the construction is far superior to anything built in the last 30 years.
I see that a lot..............very true.
I’ve been lucky so far. I follow Cy. He’s very knowledgeable!
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.
where are you located?
@@JebSmith Ohio
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 😊😊
Nice.............congrats!
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.
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.
The Housing market is changing infront of our eyes for customers, realtors and loan brokers and we keep looking through the rear view mirror.
that's why I bought a 1920s home and will fix it up.
Where did you buy?
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.
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.
its the same here in uk. entire developments were demolished because houses were not built up to standards
Our house was built in 1987. We bought it 3 years ago off a crack head who was using it as a grow house for pot. We have not had a single issue with our house. Everything we have fixed in the house has been cosmetic.
we bought a house in 2001 for 135k, sold it in 2007 for 430k, dipped to 150k in 2010, and is worth almost 600k now. Theres no way I would pay 600k for that house today, i still see it as a 130k house. And this is my problem with most used homes today. They were once worth significantly less than what they sell for today, and I don't see the value in them. You cant apply this logic to new homes.
never buy in a subdivision.
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?
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.
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?
@@rainbomg maybe because i’m not some crazy cat lady so you didn’t comprehend.
@@PlayedTV 😂 ad hominem is rarely used when the argument is sound or the arguer is competent. Why so defensive, friend?
@@PlayedTV Just living in California😂😂😂
Title should say New Recent homes. Noticed a lot of these new homes with problems are the ones built during the pandemic boom.
It's still happening right now in AZ, that's where a lot of the inspectors that are posting on social are located.
@@JebSmith Right on, Thanks for the info.
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.
Building for Quanity.........Not Quality.
On point, @@JebSmith
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.
I'm not sure all builders will allow that but it would make sense if you can.
@@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
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.
Exactly, illegal migrants building homes with no skills.
Buy on trusted builders
Unfortunately, a lot of the builders with the problems are the ones that are “trusted”
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
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.
Cyfy got shadow banned
I still see his content but mostly on Tiktok.
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.
Every home at some point in time or another was a new construction home. Logically speaking, how does your declaration make sense?
@@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.
@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!
jeeeesssussss
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.
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 RUclips rewards the crazy titles.
@@JebSmith got it, I appreciate the response Jeb. I also understand your RUclips channel has to be successful.