Ep 13. Buyer's Remorse
- TVG
- October 24, 2019
- 21 min
-
7.5 (8)
Tarek and Christina's latest project takes a turn when the buyers of a renovation property start to experience buyer's remorse. The couple purchased the home with the intention of flipping it, but quickly realized they didn't have the expertise or resources to complete the job. Tarek and Christina step in to save the day, but not without some challenges along the way.
The episode begins with Tarek and Christina visiting the property in question. The couple had purchased the home at an auction and had already begun renovations when they were contacted by the buyers, who expressed their concerns about the project. Tarek and Christina listen to the buyers' worries, but try to reassure them that they can complete the project to their liking.
However, as they dive deeper into the renovation, Tarek and Christina start to realize just how much work needs to be done. The home was in worse condition than they originally thought, and they quickly run into budget and time constraints. They must make some tough decisions in order to keep the project on track.
One of the biggest challenges they face is the home's outdated electrical system. While trying to bring things up to code, they uncover several issues that require additional work and expenses. This sets them back in their timeline and causes some tension between Tarek and Christina as they struggle to make ends meet.
Another issue they encounter is the layout of the home. Originally, the buyers had planned to have an open-concept living area, but Tarek and Christina realize that the current layout doesn't support this plan. They must decide whether to stick to the original plan or modify it, which could potentially impact the final sale price.
As they near the end of the project, Tarek and Christina are feeling the pressure. They have invested a lot of time and money into the home, and they're hoping to make a profit on the sale. However, they realize that they may have overestimated the value of the property. They need to do some quick thinking to figure out how to stage the home in a way that will appeal to buyers and get them the best possible price.
In the end, Tarek and Christina are able to overcome their challenges and complete the project. However, they're left wondering if they made the right decision taking on this renovation in the first place. They're left with a valuable lesson about the risks and rewards of the flipping business, and are left with mixed feelings about what they've accomplished.
Buyer's Remorse is an episode that will resonate with anyone who's ever taken on a big financial risk. Tarek and Christina's struggle to finish this project reminds us that sometimes, even the best-laid plans can go awry. However, it also highlights the importance of perseverance and finding creative solutions to overcome obstacles. Ultimately, it's a story of resilience and the triumphs that come with taking risks and going after what you want.