A look Inside 3 Bank Owned Houses For Sale in Florida 2023! | Are They Worth The Price!?
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- Опубліковано 1 тра 2023
- In today’s video, we toured 3 bank 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
Andrea Butcher-Thomas
andrea.butcher-thomas@rhss.com
Home # 2
Gerri Rosenthal
reobrokergerri1@aol.com
Home # 3
Beverly Berget
REOBEVB@Gmail.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/shop/kalebshaw...
ALL INFORMATION IS RELIABLE BUT NOT GUARANTEED. - Розваги
1st house - taxes and HOA fee- holy crap!
Seems like number two is a tear down , it’s just nasty and tiny and for almost 200,000 crazy expensive
I'm pretty certain it would be cheaper to knock that down and rebuild.
The first hse needs too many updates for the price, & you have to pay HOA. The water damage is a no, no. Although it is a lot of great space. The 2nd hse, would be good for a contractor. 3rd home is a good one for me, especially since it has no HOA and no repairs are needed, but I would have to possibly negotiate the price.
Ms. B. Churchill
When the market finishes crashing the first house will be worth around $260k and the second house will be worth around $65k...this must be old inventory you're trying to get rid of. You know those houses are way over priced for the amount of work that has to be done to them.
These are not his listing. He said that at the beginning of the video and listed the listing agents info also. Yes I agree the market is way overpriced. That is thanks to county auctions being opened up to foreign Saudi and Indian multi billion dollar investors that purchase home was above value and just sat on them. The the influx of people moving in from those blue states really raised the prices.
Wait, people still think the market will crash? 🤣🤣
I personally don't think the market is going to seriously take a hit for a long time. There's too much influx and overseas money being spent here.
No electricity in Florida in these homes concerns me for mold and mildew.
It’s amazing the wealth gap in this country and how many people would actually be able to afford a $400,000 house for a second home without batting an eye. If you didn’t live there full-time, there would be other expenses, such as someone to do the lawn care and care for the pool. Meanwhile, there are people that can’t even afford renting an apartment in this country.
Bidens build back better plan.
Number 3 was actually a great turn key starter home
any time i see an entire floor stripped of flooring i suspect some sort of water damage throughout
I enjoyed 🏡 house number one's tour! The price point under 💵 400k in a gated community was outstanding! I love two story homes, and with some paint, flooring and an 🍗 island install, I find it a great investment with instant equity! However, the $200 hoa and 💵 4k taxes. is cause for pause!? Great video Kaleb! 🎥
Thank you for watching and sharing your feedback Kimberly!
Two story homes in the intense heat and humidity of Florida are not a great idea.
If the price is right. Even a burn out shell of a structure is worth the price.
I once bought a repo that sent people running the other way in fear it was so scary but much of what the bank was yet to do was not done. Yes it was horrible in every way but it was going to get a new roof, new paint, new carpet, new appliances etc. So if the bone of a place are right and the location is good then look at the numbers and imagine a time machine snapshot of what you will have when the renovation is over. Take all emotion and fear out of it.
I made out like a bandit that property and a few others. What is more difficult and expensive? A renovation or a new build. In almost every case it would be the new build so again. Just run the numbers and they work great, and if not then pass.
Good , now the (Bank) is stuck with a Foreclosed Home...........! Keep up the Good Work & (Screw) the Corrupted Banks.........!
Damage from the hurricane ?
I cannot stand not having a fence for privacy. I have a small yard, and my neighbors are close. I don’t even know they are there unless they are entertains guests. The fence goes all the way around giving us the privacy we need. A $400.00 a month HOA fee, well that cost only goes up.
Never buy into an HOA. Might as well increase price point to avoid.
Enjoyed the video. I have a suggestion. Since a lot of people watching aren’t in FL, and have no idea the cost of repair and replacement, maybe you could give us a rough estimate of what it might take to bring them up to standard, cost wise. I realize you aren’t seeing everything that could be an issue…..Maybe a low end (mid range materials and doing most work yourself) to high range….It’s hard to know if a property might be worth the work unless you have some idea what you can save buying in “as is” condition. 😊
The fact that you can’t enjoy the pool without and enclosure in Fl is a deal killer for me..
You don't need an enclosure unless you're a snowflake.
Starting around 2000, the cages were legally mandated.
@@RBAILEY57 wrong.
If you live in FL your gonna want an enclosure
I live in fl and do not have one it’s perfectly fine here
Who wants to live in FL these days?
$200 HOA fee is a family cellphone plan.
Hi Kaleb, enjoyed the viewing ❤. Number one should be less because needs extensive renovations. Home number two not sure but would be good for someone who doesn't mind the challenge and Home number three, very good starter home but needs to reduce more.
Glad you enjoyed it Eliz! thank you for watching and sharing your feedback!
Hey Kaleb. Hope all is well. 1st home. Wow. At quick glance, all the homes the same color. Like the front elevation. Oh. A pool. Open. Agreed. Would redo the kitchen. The stairs a wreck. Appreciate the pool bath. No wet bodies running through the house 😂. Big enclosed pool. Good size primary. Closet small. Would redo the en-suite. Good size guest bedrooms and bathroom. Potential once revamped. 2nd home can’t really see it from the sidewalk. Well it’s a hot mess but the layout is ok. A 2nd bathroom would’ve been nice. Big backyard. Definitely see potential once gutted and redone. 3rd home. Basic front elevation but like the view on entry. L shaped open concept. Nice kitchen. Big backyard. Bedrooms ok. Primary en-suite/closet a little small but not bad. Thanks for sharing and see you next video.
I love the open kitchen
Thought all 3 were overpriced for the work needed, but would need to know more about the neighborhood they are in in terms of crime, quality of homes, etc., to know if investment would be worth it. Comps! Thanks!
Very true! Thank you for watching and sharing your feedback William!
The taxes and HOA monthly fees are high. I owned a 4 bd/3 full bath home in Davenport. It has a pool too, but I am not paying that much in taxes and HOA.
Not everyone wants to spend their time off mowing a lawn in 90F sun. $200 mo covers the cost you'd pay on your own, otherwise diy. I travel a lot and don't want to keep track of all of it while away, and I'm near 60 yrs old, so I know when I'm 75 I doubt I can keep up with it all. So it depends on your circumstances and how you spend your free time.
Carpet might have been ripped out due to water damage. Note the house next door has extensive damage to the roof. There's extensive water damage in house 1 and possibly mold. This first house is way overpriced given the damage. The second house needs someone who really knows what they are doing to renovate. 3rd house was the best if your kids are younger because the bedrooms would be ok for smaller children.
Hi Kaleb do you ever do follow up vlogs on some of the houses you show, bet they would be cool to see, perhaps do a recall before and after vlog, thanks again for your vlogs good to see
Thank you! that is a great idea! I would love to do that! Thank you again for watching!
Any HOA that allows rentals in their subdivision is a big red flag. Tenants coming and going in the neighborhood create instability and erode sense of community.
HOA’s are a bad idea anytime a third party can put a lien on your home and sell it is bad.
That house won’t be worth 150k before long. As the power is off the a/c is off. This doesn’t work well on modern buildings in Florida.
The first place could use some sprucing up and the lot is small, but it's otherwise pretty decent. The second place needs a total renovation but still may be a good investment. I love the big trees! The last one has had the reno treatment, possibly just builder-grade but move-in ready. This might be a good deal for a family that needs four bedrooms.
Thank you for watching and sharing your feedback Bob!
All bank loans are fraudulent. Money modern mechanics book from federal reserve states banks can not loan money. Hmmm. Banks take promise to pay exchange them for credits. You tube beat the bankers. They say make america great again I say make Getmo great again. Banks have no skin in game. Rico act them all jail time. Bankers give it up loset
Thanks Kaleb the last house is perfect!
Thank you for watching Valette!
The taxes for the new owner will be different as in higher.The insurance will be much higher. Do you due diligence. The second house in concrete block with no stucco? That certainly lowers you potential rent and quality of renter.
The 2nd house can be turned into a fantastic home.
Hello Kaleb, thanks for the video. #1 was a nice house, the 0.11 acres lot size the only draw back, but could make a good rental. #2 does have great potential, love the lot size, and also a good rental. #3 was the best in this video, loved the unique charm, and the lot size. Yes, that tree has to go. 😊
haha thank you for watching and sharing your feedback!
#3 Poinciana is not a great location if you have to commute ANYWHERE at ANYTIME!!! Go back in time, this house is still overpriced .. bank needs to stop being like overpriced sellers. None of these are worth the price ESPECIALLY once you factor in the cost of insurance. Tell the WHOLE TRUTH!!!
@@mzada3488 You are on target here!
I live in Orlando and do garage sale every weekend as an extra source of income. Where in Marion county will I be able to continue my side hustle? Searching for a 3 bedrooms🙏
The first home is priced to high for an investment. Especially since its bank owned (higher then average closing cost) with a high HOA. Looking at around 40 to 50k of renovation. Banks are still banking on the overinflated market. Once their portfolios start getting stacked with foreclosures these homes will be listed accordingly.
After the housing has slowed down first home will be 275k second 65-75k third 195k
Yikes HOA monthly fees are to high
The 3rd house is a great size for a single / couple or a family with 1 or 2 kids , I’d just fence in the property if able.
Funny, my move in vs. others move in is totally different. Chair rail is so 90’s. At leasT iT is clean
Wow....builder grade everything in the first home
Is that a floor drain I saw in the middle of the tile floor?
Thanks Kaleb! Wish we had smellavision, lol
Can you even get insurance and if so at what cost
house 3 for me
I have a question, do you have to pay the asking price for houses that are foreclosures? Thanx
No you can offer lower prices up to the bank except or not
Banks are usually way to late as the property deaerates to a bug infested humidity sweltered home.
Many are way to late for someone to just move in and diy renovations.
That 2nd house needs a lot of rehabbing and updating. $176K would probably be bid down to $125K.
Thank you for watching!
It looks like water flowed down the stairs in that first home. I wonder what that place smelled like. I'm guessing mildew. That front door tells the whole story. House left to rot for months by a bank that does not give an s.
Wow due to the storms and insurance price for redo would have to be low low low.
can you say hurricane? Can you say outrageous and increasing home owner insurance. Can you say crazy politicians. Now can you say purchase in Florida. No I cant.
price ? do u have contractors ?
why are soo many homes on the market especially in florida?
Those prices are crazy high! 😡
what a terrible neighborhood-house just feet away from each other, no fences for privacy. Like that allover Fla.
Second property would be good for a flipper, then sell for a profit.
Nice homes, do you come across horse properties in Ocala area on 2-3 acres, I'm a equestrian individual researching and considering moving to Ocala area if I can find a nice home with horse facilities on the property. I will be involved with the National Equestrian Center.
My main concerns are Home and property insurances, taxes , and the state of affairs in florida currently. There's only one insurance company left in Florida now, all the others have gone bankrupt or moved out of state...I'm sure your aware of the housing situation in Florida. So if have or come across horse properties, please contact me..
I need a house
$300,000+ no flooring, needs paint throughout, water damage, window upstairs is trashed, kitchen is old as dirt. They really want something for nothing. No way. House 1 is a no.
Second house $110K.
1st home 250K ,after Black Mold issue, think less.
beautiful Clermont? Clermont has (or used to have) nothing except cheap land and houses
Hi I will take house one please
Thank you for watching Shafiq!
The first 2 homes was trashed for the asking price. The 3rd home was okay, but didn't like the old trees or the price. Otherwise keep the videos coming.
haha thank you for watching and sharing your feedback Tim!
Take a shot for every "like I said".....🤣
Blimey that Back yard is not very private is it….😮
I always laugh when the price "reduction" is more than I would be willing to pay.
We would NEVER live in Florida the weather sucks HUMIDITY 😩 and bugs , gators no thank you I will stay in California 🌴❤️
this should be sold for 200 ,000 only , there are lots to repair
no house with a monthly hoa is worth buying guys
HOA means no damn way
To damn close for me
WOW! I am shocked at the first house price. What a DUMP! For almost half a million and HOA is ridiculous and high annual taxes! I wouldn’t pay $200K for that dump. It is just a basic box house. Yuck
This house not worse 397.000 , need lot of upgrade I think fare price will be 280.000, it will take about 200.000 to bringing to modern standard ,
Horrible lay out,
i love the fact that there are still people claiming that the housing market is collapsing.
Way too many stairs.
Too expenses.
The bank wins on all three. Not for me.
The one you show isn't worth $175k. Maybe $100-110k.
that second home is trash
😂 😂
Thx for showing, looks like multiple dumps. Total overpriced garbage. Only thing going are the lower taxes after that wait for the hurricane season to finish off the overpriced dumps.
As soon as y’all vote DumSantis out I’m all in. Oh wait, y’all ain’t got no produce. Never mind.
Look at your taxes and insurance 😂😂
GREAT HOUSE. Now just try to get insurance in Florida. If that doscent do it, read your kid a banned book or take to a drag show or go to Disney.Sorry dude, DeSanis screwed your state royal.
Water damage in Florida- no thank you!
This hose need to be demolished to the ground, good only for land value , nothing to do with a house , I think honest value is about 120.000
Horrid😮
Cheaply built homes still asking premium prices even after foreclosure. I wouldn’t pay more than $200k for the 1st home with water damage that needs so much work. Actually I’d never buy any of these homes.
I am no expert, but I believe that water damage comes from, Water ? and could you please point to another window and tell us that it is a window, I thought it was a door. 👎👎👎👎
Way over priced
I say, scam
advice don't purchase bank owned homes.
HOAs are ripoffs, totally ruins the property!
Hell no, this looks like al money pit, flood zone. Smells rotten to me.
Way to much. Need work
Scam
Hell no
What a dump I wouldn’t pay 200k for it.
HOA= stay away!
Why don't u just buy them instead of only getting 3 to 5 percent commissions. LMAO. ASK ME HOW TO GET A LOAN.
Overpriced
Hard pass
Too over priced
You gotta be kidding right! Why am I wasting time watching according to your words a terrible tiny house for $170? Kaleb, I'm finding brand new homes 3000 sqft for $470k. People want to see these types of homes not the junk you have been showing lately. Trust me I'm a fan, but your videos could use a lot of improvement.
Sam, I appreciate your feedback and for watching my channel. But not everyone is looking for the same thing as you.
@@KalebShaw people are looking for expensive trash homes? Ok...
@@Warlord0302 2 out of 3 of these homes are now pending sale. So there is a market of people looking for homes like this.
@@KalebShaw I'm looking for a small home, I appreciate when you add the small homes to your showings. Home #3 seemed like a fair price.
I disagree respectfully! The quality and added value Kaleb provides in his 🏠Tours is invaluable! Actually, I purchased my home 🏡 based on his Tour and detail! Very few, if any content creators provide us with the. 💵 monthly mortgage payment breakdowns!? Viewers look for variety; which includes move in ready to investments with updates required! Enjoy your home buying 🏡 experience, my journey has been life affirming! 💧
Screw that , HOA sucks I will never buy a property that’s controlled by a HOA. Period.
I wouldnever buy a house that has to pay HOA fees. Such a ripoff.
floriduh! no thanks.