What to look for when viewing a house for sale (so you don't miss KEY details!) - YouTube

Channel: Homebuyer's School

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In this video we answer what to look for when viewing a home,
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how long does it take and how you should prepare. That's starting right now.
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Welcome to Home Buyers School
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Brought to you by Brookfield Residential.
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Hi everyone. I'm Karl. Welcome to another Home Buyer School video.
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A channel where you get the latest strategy tactics and tips from home buying experts.
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Remember if this is your first time on this channel and you want to get the latest strategies from the experts,
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Hit the subscription button below. Hit the little notification bell, so you don't miss anything.
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So today I'm joined by Kevin French, realtor with RE/MAX Realty.
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The question we're gonna answer is, what to look for when viewing a home?
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So what are some things that you're looking for when you're actually viewing a show home?
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A show home specifically?
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Yes
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A show home or a home you're thinking of buying.
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so whether it's a show home or a resale.
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Quality and finish so I think it goes without saying you're going to look at
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it already ticks the boxes of you want the 3 bedrooms or the 4 bedrooms or
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whatever your needs are and that's why you're in that property but then from
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there you're going to look at, does the home feel like it's well taken care of?
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Does the home feel like it's properly built? Does the home seem to have any safety concerns?
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And then is it have does it have an open concept is obviously
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very big for resale, so does it feel like it's the a great area to entertain in?
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Everybody has different needs but like without a doubt the mass wants an open concept.
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They want the home to feel bright and open and then understanding
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your exposure that you're going to be getting so if you have an end unit home
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I guess for the block or an end unit townhouse, what kind of what
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kind of sunshine is gonna come through? Having a home that shows very bright and
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feels very large, is always better in the end than something that
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feels very dark and closed off. Walking through the home you're gonna, you'll be
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able to pick up on numerous small things throughout and that'll give you a
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feeling that the home is well taken care of it feels good to be here or it feels
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like it's been abused or poorly poorly constructed.
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So for a resale home, like if the person has hired a really good realtor like yourself,
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and they do a really good job of preparing the home,
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maybe a too good of a job that you don't see some of the flaws or things.
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Are there things that you should really key in on when you're going into
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- let's say specifically a resale home, that could be hidden by the marketing or the
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really great house prep that that realtor that person has done?
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They shouldn't be hiding anything that's material latent defects so that's of
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course a defect that is expensive to fix and can't be seen or can't be
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easily discoverable during home inspection but I would say most
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of the time the properties are gonna show as they are.
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You can get caught up in that the space feels larger than it does because it has a large
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sorry, a smaller scale furniture that makes the living room feel like it's large.
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Now a lot of people have their furniture that they're intending to
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bring with them and they're gonna measure accordingly and see how it fits
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or they can buy new stuff, but the reality is if this looks like it seats
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four it doesn't seat four comfortably if you were to use this furniture so think
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about it in the way that you're actually gonna use the space.
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On the other side, there's people who don't properly take the proper steps prior to
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listing and the properties don't look... they don't show it their best.
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You turn a corner and they've got a sectional that closes off the living room and
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then the kitchens on this side. It feels uncomfortable so the sectional
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should be really positioned differently even though that's not in line with the
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TV directly which is a big thing, it makes the space feel more open.
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A seller, sorry, a buyer would go into a property and say it feels small, it
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feels closed off, it could be the exact same home they just saw that they
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loved and that's the same layout but they feel like it's that because of the
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way everything's positioned. So getting beyond that that's actually working in
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your favor as a buyer because the seller didn't do take the proper steps prior to
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listing to make it short it's best so they're getting negative feedback
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particularly in this market over and over again.
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It feels small feels closed off feels dark. Don't like the feature wall paint that's burgundy black/ dark gray.
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Those things should all be taken care of prior to listing so that
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it feels larger but if they don't know that ahead of time and they're not doing
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that work ahead of time they're gonna think the only solution they have for selling is price reductions.
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They'll keep pricing it lower and lower until ultimately it will sell but you can take
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advantage of that by understanding our realities of the space.
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How long should a typical viewing last for? How long should you have like if
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you just walked it like if we walk through this show home right so it was
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really nice everything is prepped you can go through at what five - ten minutes?
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But should you take longer?
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Five - ten minutes if you're doing, typically
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you can book a second showing most people who are interested, they don't
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just go through one time for 10-15 minutes and say buy the home.
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They book a second showing they go through a more thorough and that's where they'd spent
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forty five up to an hour and then from there they make an offer.
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If the offer is accepted then they have a home inspection and then they're gonna be in
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there for two to three hours at that time.
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Got it. And is there anything I should do to prepare when I'm actually going to view home?
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Is there like a checklist I need to do or I probably just don't want to show up and just look at home right?
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Yeah you would want to make a list and there's generic lists
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out there that real estate agents have or could have and would use that just
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say you know the basics of the community, the size, the bedrooms but beyond that
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you are going to want to make your own wish list essentially of what you're
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looking for and if you can describe what your day-to-day life is.
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If it's if it's coming home and relaxing and watching TV, you don't necessarily need a big open
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space for entertaining. If it's having people over for dinner then you're gonna
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want a space that can hold a large dining table, probably seating
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at the island if there is one, things like that. If you want to have more than
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two children you're probably gonna want a fourth bedroom but thinking about
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those things above grade or if you want them in the basement typically you're
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gonna find the fourth bedroom in the basement
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but if you want the fourth bedroom to be above grade it's a lot harder to find
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but those are all things. You make your own wish list essentially while you're
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shopping that's custom to what your needs are.
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Got it. And let's talk about like, yes you want a view inside the house but is there anything you want to
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do outside the home whether it's around the property or even like the general neighbourhood?
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what are some things, anything you want to take a look at? While you're there right.
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Yeah so the exterior the property is mostly gonna be covered through the home inspection,
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but it's making sure that the roof is in good condition, all the exterior, the siding
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the eaves troughs, everything are as they should be and then from there consider
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how you want to landscape the property do want to build a deck or do you wanna
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build a patio? Patios in my opinion give a lot more privacy because they're on
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the ground so then you can only have a six-foot fence you're sitting there
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versus sitting you know three or four feet in the air you can see over the
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fence see all your neighbours. And they can see you.
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So thinking about the landscaping aspect and then when you leave there - what's the proximity to
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any parks those are important. Proximity to amenities and then like
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like I said sometimes you can get trapped. You go out when you look at
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a brand new home or you look at a resale property and you're looking at fifteen
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so it's two minutes to get to this one two minutes to get to that one and you
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don't realize by the end of it the home that you love is 15 minutes in the back
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of the community then you go ahead and you purchase that home and then you
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realize well I purchased it at Saturday afternoon at 3 o'clock and now I have to
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go to work at 7 a.m. and it takes me 25 minutes to get out of my community that
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can be frustrating so I encourage people if they're serious about a property and
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concern to both that, go there and spend Monday morning get back in the community
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and then leave at the time that you leave for work. It seems crazy to be
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doing that but you're going to live here for years and years, it's worth one day.
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I think so too. I think maybe not all the show homes you visit but like the one that you really feel attached to,
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or the house, take that drive to work and see like actually how long it actually takes right and
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maybe do it and this sounds crazy but maybe do it during rush hour
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because you always do it during rush hour so you get a real
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understanding of what it is do it at your normal schedule.
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If you want to learn more about how to prepare when buying a house check out our video above and in the description below.
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Kevin, do you have anything else to add in terms of what to look for when viewing a house?
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I would say the most important is that people get caught up in that I often see mistakes within is
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square footage is not the exact same across the board and I think that
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that's pretty obvious but if it's a thousand square feet here is it's not a
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thousand square feet there or there they're all configured differently so
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having an intelligently designed home goes much much further and the biggest
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thing when you're looking at townhouses or attached homes is width so a lot of
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people don't understand this home feels so much larger and it's the same size is
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the last one it often comes down to the width of the home and feeling like
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you're closed in and in a narrow place that has lots of length but
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you're doing you know the direct set of stairs and then set of stairs and then set of stairs,
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so you've got three stories that have 1500 square feet or you can have a
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wider property that has 59 square feet over two stories which feels much more
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like a single-family detached home and feels much more comfortable.
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The question of the day I have for you is, what do you look for when you go visit a show home
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or a home that you're interested in buying?
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Let us know in the comment section below.
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If you want to know more about home buying and the home buying process,
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make sure to watch our videos here as well as don't forget to
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hit the subscribe button to keep learning from the experts.
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Thank you and we'll catch you in our next video