NEVER Buy These Type of Houses

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00:00 The Risks of Buying Renovated Homes Without Proper Permits
02:52 Importance of Title Searches and Seller's Disclosures
05:10 Buyer's Due Diligence: Verifying Permits for Renovations
06:49 How To Buy a House WITHOUT INCREASING PROPERTY TAXES
10:47 California's New VMT Tax: Impact on Housing Affordability
13:51 Toronto Housing Market Crash: A Warning Sign for the US

Most people these days want to buy a turn-key house and save the hassle of doing all the renovations themselves. However, some people are finding out the hard way that when you buy a house that's already been renovated. There can be a lot of hidden secrets that can end up being your problem if you don't know what to look for ahead of time.

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Articles Mentioned in the Video
https://apple.news/APj0uSV0UQH2B94w09GSzqA

https://www.nbcmiami.com/responds/homebuyers-facing-thousands-in-fines-after-purchasing-renovated-houses/3690111/?amp=1

https://timesofsandiego.com/business/2025/09/07/coalition-group-says-new-tax-could-add-324000-to-housing-costs/


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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.
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housing market, never buy these types of houses, first time home buyer

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