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Hi HouseTribers,

I have been in the real estate business for 10 plus years and have a diversified portfolio of personal property. If you have a question about the buying and selling of property I would love to attempt to help you with advice. Let me know.

Shelby

hey shelby!
I was wondering what are big red flags that you want to look for when buying a house? How can you reseach information on the house? Any advice would be greatly appreciated.

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Red Flags are varied indeed but the basics are: the roof, the sills, the wiring the plumbing and Heat and air. Any problems in these areas warrants a look by a professional. I always urge buyers to get an inspection! I would say that the houses on Shelbz pages are red flags. Check them out.

What do you mean Shelbz houses are red flags? I bet he is buying them for a reason. Only reason I say this is because of a post I just put up in this same forum. I am about to buy a house at a GREAt price. The Charleston real estate market is ripe for buying Charleston real estate. I think the red flag houses are where the risk is, but also the reward. I am young, only 38, and I want to go for it. My mentor told me houses almost always appreciate and I am going to roll the dice red flag or not....

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Coop,

I agree that the more red flags the better, but hat is only for those with great drive and intestinal fortitude. It can be maddening but certainly the sweat equity is worth its weight in oil! What did you have in mind? I have a great house listed that is a triplex downtown you can see it at 79 nassau in HouseTribe. Check it out.
It has some great condo possibilities.
Shelby

Hey Guys,
Do you really need red flag houses? Don't the quality
houses go up at least as much or more when the
market turns?

Was very very fortunate to have been a fly on the wall as a photographer at a recent IBM conference at the Waldorf Astoria in New York City last week! Commenting on the real estate market, Steve Forbes mentioned he expects to see some significant levity in the market's downturn. He specifically mentioned March to May. Seeing as how he predicted the War on Terror 1 year before it happened and is known as one of America's best prognosticators of financial wisdom, I took this comment to heart....with a lot of hope. I feel like it is time for an upswing for sure. A BIG one.

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Things are not looking that rosy right now, however.