Tuesday, March 13, 2007

Buy Me: High Grunge

Another episode of HGTV's Buy Me, another lesson learned: never, never ever buy a new house without having sold your old one. Well, actually two lessons; Don't hire a friend for an agent either.
In this episode, spacey couple Sonya and Allan's hired their agent friend to sell their house full of cracks, clutter and an over-the-top Grecian-style bathroom before they go bankrupt paying for two houses. They impulsively bought a new dream home before selling their house in the city and can't make both mortgage payments. Now, six months later, they faced foreclosure. Desperate to sell, they weren't too happy with their agent/friend Perry who didn't even show up to several open houses. In the end, they accepted a low offer of $340,000. Had they not been in a number crunch, who knew what the house would have fetched?

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