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â Never Buy These Types of Homes in Atlanta, Georgia - Homebuyer Tips
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- Äas pĆidĂĄn 25. 07. 2024
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âïž Email: kelly@kellycohomes.com
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Dreaming of finding your perfect Atlanta home? Don't get caught in a money pit! This video reveals the WORST types of houses to buy in Atlanta, GA. â From foundation woes to outdated electrical systems, we'll show you the red flags to watch out for.
Learn valuable home-buying tips to make a smart investment and avoid costly mistakes. Perfect for first-time homebuyers in Atlanta!
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Steep driveways in Atlanta are a no because of the ice storms.
No flipper would use only licensed contractors! đ Where would the profit be in that? Majority flippers do the work themselves. I wouldnât buy a flip AND I wouldnât buy a house that was sold multiple times within a few years either. Screams of investors manipulating the market by buying a house short term then selling it back double what they paid having done very little to it to make a profit and screwing the property taxes for the rest of the neighborhood houses
As a flipper, I know licensed contractors that do shotty work. I think it's more about finding an agent and inspector/ contractor who knows what they are looking at. Details matter in flips and experienced agents should ask the right questions. Also you can find out what work has been permitted. Have someone look at the property who is experienced in construction.
@@amercer4193 As a flipper, builder, and developer here in Atlanta I agree.
When I lived in Atlanta I purchased a home in Lithia Springs near a quarry and didn't know it. They would blast rocks at certain times during the week and it would feel like an earthquake shaking the house. I would definitely be on the lookout for this If I bought in GA again.
I didnât even think about a rock quarry! I once had a client who had a home in Smyrna and a glass recycling was behind her backyard. We couldnât have showings when it was open because of how the glass shattering was.
My Mom lives near one in Loganville, GA and itâs crazy how the house shakes
My current home is a flip and was the exact opposite of what you stated. The investors put all their money into new plumbing, electrical, roof, and HVAC, however the inside looks like they picked up workers outside of Home Depot and paid them $50 a piece. No real issues on home inspection, and I had a plumber, electrician, HVAC guy, and two foundation specialists come within the first three months and all confirmed that everything was good. I would add to your list not to buy homes around large trees that sit close to the home, or homes close to railroad tracks and industrial areas.
*HOA FEES* run
Back in the day, when I purchased my first home to live-in; that was Atlanta in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@@williamDonaldson432 Impressive can you share more info?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about five years now, and her performance has been consistently impressive. Sheâs quite known in her field, look-her up.
@@williamDonaldson432 Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Another issue with steep driveways is the wear on the transmissions and brakes of your vehicles. Learned that the hard way. Not even a year in, I started getting that heavy clunking noise putting my car in gear and I also eventually wore the parking brake out. Luckily that was a lease and I left after 2 years, but I had to get rid of my car, that driveway tore my trans up.
Great video thanks for pointing out so much stuff as a matter of fact, this video applies to other states as well thank you for the content.â€
I was going to say the same thing - most of these issues are rather universal.
Don't buy a home at the entrance of a subdivision, or at a busy stop sign intersection of the subdivision. The lights in your windows at night and the noise of cars speeding off. Not good.
This was a good informative video. đ
I agree with #1 wholeheartedly, but in Atlanta, sometimes you never know when your peaceful street might turn into a busy road.
True! When I moved into my house years ago, the road was very quiet. Now it is always cars on it from the subdivisions that have been built around me and it is a cut through when the interstate gets backed up.
Very informative video! This can apply to any place you decide to live, which is helpful.
So true!
Great info
A crawlspace is better and more sturdy than a slab foundation. They are typically found in older/mid-century homes and more structurally sound compared to some of the sketchy builders supplying new builds. The rodents might be the only real draw back IMO. A moisture barrier can mitigate the water/moisture issues.
Used to live in Atlanta. Post tension slabs here in the west coast are very sturdy and durable. Georgia has lax building codes for single family homes. We have strict codes here.
Lived in 3 homes with a crawl space. They have all been great!
Thank you Kelly! đđ
A busy road in grant park still = an expensive home.
True
Trueâ€
When I was looking for a home to purchase the initial major point was the sloping of the driveway. My son's house has a fairly flat with slight decline from the 2/3 point downwards toward the back of the driveway but alongside the entry to the garage.
When we first moved in and it rained, the garage was flooded because of that slope. I would have expected a French drain to have been implemented starting at the sidewalk from the driveway to the front of the house, constructed across the garage entrance to the back of the property, which could have alleviated that flooding issue. Simple enough to implement but since it wasn't it caused issues.
So many common sense ideas if folks need to prevent damage. Its been rectified somewhat with a drain attached to the roof eves at the front corner of the garage leading across the garage entrance which is now closed in for extra living space. Works just as well, but would have to be adjusted if it were to be opened up again to function as a garage.
Excellent comments across the board. Good Job. Do another one as there are many more points to add (I'm sure you are well aware of).
Another negative of a steep driveway is when ice storms hit, it is impossible to get in and out.
very nice
The statement about basements is only true for older her homes with no daylight basement. My basement is always dryâŠ. Built it over 20 years ago with zero issues and there is a stream outback, never has come close to flooding. If your lot was graded properly, and your foundation laid correctly, you will have no issues.
I live in a home with a sloping downward driveway.And I will not do it again.So I definitely agree with doing that
One more, homes that are facing or backing a cemetery.
Do you know traditionally I would agree with that. However, I just sold house in downtown Marietta that faced the national cemetery and all of the buyers loved it!
At least it will be quiet. Hopefully đ
@@KellyCoHomesAtlanta wow, I'm surprised. That cemetery must be very well kept, like a memorial park.
@@shaunphan9039 yes! Look it up - itâs the federal cemetery in downtown Marietta. Itâs beautiful.
@@srlee3350 hahaha!
Good information Iâm from Florida and thinking about relocating
Nice! Have you narrowed down areas?
@@KellyCoHomesAtlanta Duluth or Marietta I work with Marriott hotels, and I will be transferring
Oh nice! A friend of mine works for JW Marriott. He lives in Cobb County. Will you go in everyday?
@@kellycohomes Iâm an executive chef in Palm Beach County Florida looking for a position to transfer to ATL area buy 2025 Iâm visiting July 16-18 to look around.
The child or toy reference was crazy đđrealtors are comedians too đ
Of course nobody from the county even comes out to inspect a roofing job in GA. Itâs a total joke when it comes to roofing. In Florida they have to open a permit and an inspector comes to make sure the work is being done correctly and to make sure workers have workmanâs comp and then to final inspection to close the permit.
For the steep driveways, well, the land *west* of 75/85 is hillier than east of it (75/85 is parallel if not on top of the continental divide) , and even in that, northern is hillier than southern. So most of Cobb County and northwest Atlanta are hilly. Fulton County and southwest Atlanta and most points south are less hilly, but hilly enough that when you have a flat, you have to look a while for a flat place. East and south of that isn't as hilly because you're slowly approaching a river to the east and the fall line to the south and east.
And, sometimes it snows, but ice is worse. Western Atlanta sees more issues when these two things happen.
Yep, bought a bad flip on our first home in Marietta 25 years ago. We were first time homebuyers and had no idea. Paid a hefty price for it as it was a complete money pit for us for the next 20 years until we sold it to an investor.
Omg yes steel driveways suck for vendors who can get stuck backing up wrong
You listed the homes we should not buy in Atlanta. The houses you showed are what is available in the nicer areas. What is left? What kind of homes should we buy in Atlanta?
that's a great question. City proper or metro atlanta?
@@kellycohomesmetro ATL. Thinking of Acworth area.
I won't buy a house on a street that does not have on street parking. It really helps calm the road down
Steep driveways are very dangerous. If for some reason you forget to put your car in Park , your car will roll down and kill someone. I knew someone that their pick up truck ran them over when he tried to stop his truck from rolling down. True story!
Funny you mentioned kids and driveways. I was showing client a really nice home and they loved it until their 9 yr old son ran full speed down the steep driveway into the cul-de-sac. đđđ
Avoid Dryvit siding.
I love a house that doesnât have a large crawlspace or basement, easier to figure out flooding
Donât buy a house on a big lot that slopes dramatically, unless you donât care about spending time in the backyard. You wonât be able to practically use a good portion of your yard.
đŻđŻ
Can you buy a house being on social SECURITY? Also , my credit score is good.â€
Hi there and it depends. If the home that you want falls within the range that you can be approved for based on your monthly income, then yes, you can do it!
And the ice storms in Atlanta will leave your trapped on a steep drive
Yup and rodents mean snakes! Great helpers but eek!
Are you familiar with Peachtree City homes?
I am. Do you live there or are you considering it?
Wasnât a fan of some of the imagery in this videoâŠđ