9 Types of homes NOT to buy

9 Types of homes NOT to buy

These are homes that you should not BUY because they will be difficult to sell:

1. Small House-2 bebrooms or less
2. Small master bedroom
3. Busy street
4. Bad Location
5. Functionality obselete-Bad Layout-Low ceiling
6. No Garage
7. Bad lot
8. No commercial or mixed use
9. Bad neighboorhood

Feel free to add more from your experience and kowledge.

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Number 10

Small & dark kitchions
Bill


Good tips

All of the above listed are great examples of homes not to buy. The only thing is the 2 bedrooms or less, that depends on the area. A 1 bedroom condo in NYC can sell for millions, but that is NYC.

Jeremy

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Good point

I totally agree and forgot that one. We definately should stay away from small and dark kitchens.

__________________

"If you cannot do great things, do small things in a great way.”
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Jeremy, yes NYC CONDOS

I am origionally from NEW YORK and yes those million dollar condos in Manhattan will always be high in value because of the location. Nice point mentioned Jeremy...

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"If you cannot do great things, do small things in a great way.”
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2 bedrooms

I've also been keeping an eye out for a 2 bedroom with a bonus room. (Check the square footage) Add a closet, now you have three bedrooms! And woohoo the value goes up! Eye-wink

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Another good point mentioned

Willowme, yes if you see a house with a 2 bedroom and notice a bedroom not listed on the MLS that could be a third or office, etc, that's great.

__________________

"If you cannot do great things, do small things in a great way.”
Napoleon Hill quote


thats a good list to follow.

thats a good list to follow. thanks man. Although as mentioned before, I am looking at a two bedroom that just needs duct to add 300 squ ft to the home for a 3rd bedroom.

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Oooh

don't knock all 2 bedroom houses, if its build on a basement theres your potential living space right there! Location comes into play like Jeremy said. Buy don't by a house with no yard space.

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House that has disappeared

Jason, what about a house that is not there or disappeared, Joe could attest to this. God Bless.

Sandra

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LOL

There is a foreclosure we looked at about 30 minutes away from us and it is a former "meth house" it has yellow "Police Line Do Not Cross" tape and the basement is burned out.

LOL - This is a definate DO NOT BUY !!!!!!!!!!!
If you need a "quarentine suit" to enter the property, it is a bad property.
Ewwwww !!!!!

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Drug houses

It is very important that you don't buy a meth house as the house has to be gutted and brought down to the studs. I did find a great pot growing house. Cool I put in a bid on that one but didn't get it. The first sign there was something fishy going on was the fact that the front door was laying down in the living room and plywood was over all the windows. Hmmm

__________________

"Faith is taking the first step even when you can't see the whole staircase."

~ Martin Luther King, Jr. (1929-1968)

www.beaconinvestorsgroup.com