A Shocking Look At Bank Owned Homes For Sale In Florida In 2023!
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- Опубліковано 6 жов 2024
- In today’s video, we toured 2 homes for sale in Central Florida!
I hope you enjoyed this video and can see the difference in prices Florida has to offer compared to most other states.
Thinking about moving to Florida (Orlando, Tampa, or South Florida)? My team and I would be happy to help you. Email me at Shawhomegroup@gmail.com
Home #1
Joseph Doher
Bhhs Results Realty
Joe@joedoher.com
Home # 2
Heather Unger, PA
ACME REAL ESTATE FLORIDA LLC
heather@acmeflorida.com
Follow me on Instagram: @kaleb_shaw_
Realtor: Kaleb Shaw
Robert Slack Real Estate
Email:ShawHomeGroup@gmail.com
Real Estate Lic# SL3312319
Camera Gear used in the Video and Edit Process:
www.amazon.com....
ALL INFORMATION IS RELIABLE BUT NOT GUARANTEED.
$10,000 in taxes a year is crazy.
Crazy low or crazy high? My previous home in NJ was less than 1/3 of the size of this one and I was paying over 12K a year.
Central Florida taxes are high I pay about 7k
@@cg41006 not in all central FL. I'm paying a bit over $5K a year for a 2900 sqr.ft. home in Seminole County. That's very reasonable.
just wait for the taxes for the new owner and the insurance incl. the forced i suran es !
@@leonoremoore1159 exactly! The property tax rules are insane. In our neighborhood in Pinellas County with homes built in the 50’s and roughly the same sizes, unless a little addition added, each of us pays a completely different amount based on the sales price. Paying 5x the amount as the people next door is pretty much price gouging. None of us receives any more or less of the services yet anyone who rolls in after pays that much more. Drives me crazy. Where are the sane people who should be running for office?
Hi Kaleb The first home is incredible! It was probably a real show stopper in it's day. I hope the right buyer purchases the home and restores it back to it's glory. Thank your for saving Peter!!!!! I hope he makes it
Thank you for watching Denise! I hope the little guy is alright as well!
Kaleb, This Home has Big Water Problems. And they talking about $769,000 for this. GOOD LUCK, It Shouldn't be no more than $300,000 and even that's TOO MUCH, SORRY NOT WORTH IT, PLEASE GUT IT ALL! Kaleb the Condo/ Townhouse, You have to go to the 3Rd floor to use the Bathroom, Which is Ridiculous. $479,000 for this, NO WAY JOSE, But Great Video 😀❤️📸
Hey Jill! thank you for your feedback and for watching another one of my videos! I appreciate it!
And you forgot you need to drag your clothes to the garage to do your laundry! What a horrible plan!
@@Moeswifey777 You are Absolutely Right!
Home prices in FL have just gone crazy. I hear wages is FL are not great, who can afford these prices?
Half a million bucks for a 1,600 square foot townhouse, fixer upper, with $500 a month HOA.... oh yeh.... color me NOT INTERESTED!
Honestly Kaleb, I think you can do better finding gems. These houses are ridiculously expensive. The first house should be listed for $200-250k since it requires at least $400k in requires. Last year's frenzy is dead and gone. Brand new homes almost the same size as the first one are going for 600k with incentives.
Banks have no idea. Offer them just over what their into it for.
If anyone has the money to buy these and gut them then they have the money to buy something newer and much better. Take a bulldozer to the first and a $400 HOA on the 2nd? Do the housing association come around and cook me dinner? 😂 Thanks for showing us around as always Kaleb. 👍🇬🇧
haha thank you again for watching John!
Hi Kaleb, happy Sunday! I don't know where to start. I believe the owners of those homes must be in a dream land to be asking the listed prices for those homes that should be bulldozer down. Got to be kidding! Can get new homes for less. Thanks for the 😂 😂😅😊!
Glad you enjoyed it! thank you for watching Eliz!
The first house is beautiful, but they have to sell for a more reasonable price $200-$250 thousand dollars. The townhouse is way overpriced! I wouldn't pay more than $100,000 for it. And then you add an HOA of $400 a month! 🤯
if this mansion under HOA then you dont own the land what good is the house Never buy anything under HOA you truly dont own anything unless you move the mansion on your own private lot of any home on your private lot and another thing going thru HOA you live by their rules not yours i never own anything under HOA and it because i dont want to live by their rules i know people who have and dont last their fees kept going up like food prices stay away from HOA properties my propety went from 340 in property tax to 1400 in 8 years living in florida see how it jump fuxx florida that just property tax
i never own anything with HOA i heard alot of bad stories about them in florida they will take you on a run for your money
@@legenddaughterrdAs a previous owner With an HOA in Orlando right near hunter's Creek. I'll tell you you don't wanna do it.
Oh and a $10k tax bill🙀😵💫😵💫😵💫
I can imagine the first home was really beautiful in it's day. I like the townhome it's a really good size
I think so too! Thank you for watching!
I doubt they will sell that home close to 800k. They better list it for 400k because you may need 300k of fixing.
Thank you for your feedback!
I'd buy a brand new home or get one built before I spend $700k and have to gut this entire home!! Not worth it!!!
The first house is big and could work for a multigenerational family, but even when brand new it wasn't worth $700,000. You expect luxury in that price range, and this was never luxurious. Given the intensive renovation it needs, it won't sell until they cut that price in half. The second house didn't look to be in that bad shape, though it doubtless needs a new roof and a check for mold intrusion.
BTW, Kaleb, a good-quality door can last 100 years, but you seem to think the doors in these houses are of such poor quality that they need to be replaced. What does that tell us about the overall quality of construction?
I couldn't, for the life of me, think what the floor plan of the first house would be good for until I read your comment. Great idea!
I would say house 1 should be priced no higher than $499,900. Repairs at $200K with $20K for contingencies, but I actually liked a lot of the woodwork/cabinets. Good grief, did you say the monthly HOA on #2 is over $400/ month? That’s crazy! You could remodel for under $100K. To me, that townhome is worth $300K MAX.
Thank you for your feedback William!
Right. House #1 is way overpriced.
The first house, ugh, the water damage, the mold and the price! You named him Peter, how sweet, Peter looked like a baby, I hope he found his mom, poor thing.
Great job as always Kaleb! The 1st house as beautiful as it is, is probably a tear down due to all the mold that has been infesting. It’s extraordinary the bank seems to think they can get away with this price🤯 the 2nd home looks like something out of Georgetown VA, not Florida 🥵 fugly. Thank you for being so helpful 👏🏼that too is just 🤯
That first house really doesn't need that much work. Lots of wasted space. The yard is nice
I guess you have to show the good and the bad. The people can make their choice.
haha yes!
Ten thousand dollars is is average in suburbs of Chicago. My daughter in Winnetka I’ll is half that size . Her taxes are 20,000 yearly.
I think the first house would sell in the 450-550 range. It’s going to cost at least 150-200 to fix up, even if you skimp here and there.
Finding a brick house is rare in FL and the set up is very unique, the wood gives a vintage look and may not need full gutting depending on the look are going for, I would keep the wood look.
I actually really loved the first house very much. The openess with all the beautiful windows let in so much light, all the space, the enclosed pool, and the uniqueness and lay out of the home. I could see so much potential in this home. I know I'm no expert, but going by aesthetics, I didn't think nearly as much needed to be gutted as you pointed out. My taste can be kind of eclectic, but for this home I would first update the things that were safety and health issues. However, after that I would look for ways to blend modern and traditional. I personally loved the old fireplace too but would bring some modern changes and open that space up. I grew up in a big antique of a home built in 1910...maybe because of that I prefer the character of older homes reimagined to the lavish new homes any day. I do agree it is way overpriced and needs a price cut of about 55% - 60% to make it affordable. I wish I could purchase this grand one-of- a- kind home! Count me IN! 🥰😇❤💗
also, I just watched a video on the home insurance on Florida homes. the whole state is not affordable. The cost of buying, hoa fees, and insurance, you won't be able to afford Ramen noodles, let alone anything else.
That’s a den/ office space could be used as a study room / bonus room. That’s known in Florida with those doors .
Hey Kaleb. Happy holiday if celebrate. 5200 sq ft for $799k? Massive. Front elevation looks like a 1-story. Ok. I’m watching. Love palladium windows. Unusual view has me thinking what is that space in front of the fireplace. Good size 1st bedroom with Jack n Jill to 2nd bedroom. Big closets. This home has rustic vibes. Primary big. Agreed. Would remove the shelves. Was probably a reading nook. Interesting closet. The en-suite nice. Like the doors to the backyard. That’s a small living room space by the fireplace for a 5200 sq ft home. Enclosed pool. Spiral staircase to balcony. Fenced in grass space. Oh a Wetbar. Breakfast nook. Unusual kitchen. Nice size pantry. Laundry. 3-car garage right to the kitchen. How is that 2nd room a closet with no closet in it but outside the room? Office space or den yes. Oh. A staircase. I’m lost now 😂. There is a 2nd floor. You’re breathing in mold 🤦♀️. Be careful. 2nd floor. 2 closets. Loft. No access to that spiral balcony. Kaleb this home right now a hot mess. Didn’t feel / look like 5200 sq ft. But when this is revamped it will be amazing. Definitely see the potential. 2nd a townhome. Basic elevation. Unusual layout on entry. Stairs/sitting room/door to garage. Washer/dryer. Upstairs kitchen small but doable. Dining space ok. Large living room. 2-bedrooms and bathroom ok. Primary ok. Small en-suite. Closet not bad. Again potential is there. These 2 homes need the Property brothers or Chip and Joanna Gaines 😂. Both will be amazing once renovated especially the first. Thanks for sharing and see you next video.
Both homes were way overpriced! The first one was just wild and all over the place! Second home was ALL stairs like you have to hike up four flights of stairs to use the restroom smh..but great video!
Thank you for your feedback!
Too much of a money pit. You are well over a million dollars bet the asking price and renovation cost.
Thank you for your feedback Jerome!
Throw the whole first house away 😩😩😩
I thought FORECLOSURE meant Auction.
Nice thank you Kaleb
Any time! Thank you for watching!
That first house is going to need around 500k minimum to gut and remodel. It has great size and seems like a nice neighborhood, but wow, not one update on a 33yr home and all that water damage? The bank HAS to drop the price on this one. What are the other homes going for in the neighborhood? Could justify the price and costs for renovation.
Homes in the community are selling for around the same price, But are in much better condition.
As soon as HOA was said it eliminated any thoughts of these.
I love the kitchen in the last home. If I were to do anything in there, I'd just replace the appliances.
Thank you for your feedback and for watching!
no balcony on the Celebration Townhouse? too closed in. maybe off the kitchen put the balcony on
Can you imagine what a person can buy for 769,000 that doesn't need any work in the state of Texas. Honestly who would want those houses at those prices with all that work that needs to be done. HOA for 500 is crazy.
Happy Easter! Thanks love the townhouse but way to much money for all the work to be done 😊
Thank you for watching Patty!
The email for this houses foreclosures.thanks
Great video! 🎉
Thank you!! 😁
Long live Peter. GJ Kaleb.
I hope the little guys alive and well!
The first house will cost a arm & leg.
Peter would make a great pet. He will think he’s a cat.
I know right! I was so close to bring him home! 🤣
"I'm not going to open that treasure chest." Presume to open treasure chest after filming 😂😂😂
🤣🤣🤣
The first house, once you tear it down and replace it, it will be very nice.
😅
Thank you for watching Bryan!
The Townhouse is nice , it needs some work but the neighbor is great.
I agree! thank you for watching!
It's amazing how that big beautiful kitchen just isn't good enough 😮
Why a complete gut?? My house was built in 1936 and I didn't need that. Rich people's analysis
I would pay 500k all cash for it for first house and put at least another 500k into it the appliance package will cost about 50 k
The bank needs to get with it on the 1st house. That price for that condition is beyond way too much they need to be realistic. To pay that price then have to get it. You've put more money than what it's worth that's a bad investment
So let me get this right young man 700.000, taxes are 10,600, a year, I am very skill and remodeling, and even if I was to do a basic remodel, meaning only things that really needed to be remodeled, I'm out probably a hundred thousand. So altogether 800.000, they lease will raise my taxes another 10,000, my permits in a particular area would be about 5 grand maybe 10, I'm still not quite sure how much damage it really is, Soma least meet another 50,000 be on the safe side, so about $1000000. Damn, you may have a hard time selling that. But I do wish you the best❤😊
Thank you for your feedback and for watching William, but this property is already sold 🙂
@@KalebShaw 👍😄 fantastic 😊, can I borrow like 50 gees 😄😄😄
🙏 Peter
Rip it all out? That bathroom looked fine to me. Those colors will ultimately become popular again after the prison grays whites and black cookie cutter remodels of today.
Good Luck with that first house sell !... Not only do young couples not have the money to buy houses today- they generally don't want them. They are looking for trendy smaller living spaces near the urban city life with cool restaurants and bars and live small venue entertainment. They are not having kids and if they do it's just one child. So no need for huge $700,000 house with 6 bedrooms and 4 full baths that needs updating renovations and a bad roof in the suburbs. My guess is that this house will be on the market forever. The second house (town house) is a joke for almost $500,000 and on top of that there is $400.00 in monthly HOA fees and another $4,000 in yearly taxes. A person would have to have the brains of a rock to purchase that place.
Thank you for watching my video and sharing your feedback, but that house sold months ago🙂
Kaleb, thanks for another great video. My wife and I really enjoy checking them each week. We've been in the market for something decent with a pool around Orlando for $400-$600k. The people that complain on your videos about the price probably aren't even qualified for a loan, let alone looking at homes. If you can't afford $2,500 for a mortgage, you need to go build your marketable skills instead of watching UA-cam. Losers.
Thank you for sharing John. I couldn’t agree more. I hope you and your wife find the perfect home for you and your family here in the near future🙂
just better also state the total insurance costs and the taxes for a new buyer
Long live Peter.
What’s the prices of all this house’s
It's not a gut . new roof given, but the rest can be done at a minimum of decor and paint.
Wait till you get the insurance bill
If you have to replace all the windows in a 30 year old house, complete gut of a bath room, leaking roof with water damage. The house was built by a fly by night wanna be GC! I would consider it if you offered to gift it to me LOL!
There’s mold in the first house. That’s the problem with bank owned homes they sit dormant and grow mold.
Idea of the price
TO FIX UP THIS HOUSE ABOUT $275,000.00 .
I just watched the first very overpriced house. Saw some water damage but don't understand why everything has to be gutted? The pool needs to be shocked to show.
Oh, HOA big turn off for me. Nice house tho!!
You seem to want to rip out everything for reasons I can not determine.
ist house is nice but overpriced considering it needs at least $200.000. rehab
Teardown.
A lot of water damage in this 1st home
You lost me at ...HOA
You get what you voted for.
H.O.A. No Thanks!!
Roof leaks.
NOPE!
The. Celebration TownHome has amazing potential. It. would be million plus in NY! 🍎
Absolutely!