My First Place Episodes
Deadline to find a new home.
Stephanie and Brett have been living with her parents since the wedding, but now they must find their first place before her mom and dad begin remodeling their home?leaving these first time homebuyers with no place to sleep. It looks like a short sale will be the answer to all their problems?.until the deadline looms before the short sale deal is done.
Pricepoint Blues on one income
Kayra and Mario are looking for their first place in Columbia, Maryland, but even with $250,000 to spend, they can't find anything that isn't too small or too smelly. Then Kayra gets in grad school, which requires her to quit her job. On one income, the couple has to drop their pricepoint by $50,000. If they couldn't find anything at their original pricepoint, how will they ever find a place now that they have less to spend??
Caught in a New House Bidding War
JR and Nikki struggle to find a house to fit 6-foot 10-inch JR. His height keeps them out of some of the older homes that Nikki loves and her desire for character keeps them out of new builds that could accommodate JR. They have found 2 homes that would work, but lose one to mold and the other to a bidding war. When they finally find a winner, they find themselves in a bidding war again. Then, what seemed like a small spot of mold could be a dealbreaker.
Big Budget Limitations
Kim & Matt go to see more than a hundred houses during a 7-month search for a suitable home in North Arlington, VA, one of the nation's most expensive markets due to its proximity to Washington, D.C. So when these two attorneys finally find a charming, well-maintained, 3-bedroom home for $625,000, they make a full-price offer immediately. But they have to sweat the bid response when they learn there are four other offers on the house, and wonder whether they should have offered more than list price. Fortunately, they have the winning bid, and the young couple is elated to move into their beautiful home after an exhausting search!
Husband and wife spar over townhome vs. single family home.
East Coast Christy would be fine in a townhome, but West Coast hubby Jerome is determined to find a single family home. When they finally find a gem, they bid low. despite other offers on the table. Will their risky strategy pay off, or will be they back out on the endless house hunt?
First-time buyers clash over budget versus eye candy
Jason wants an older place with charm but his wife Stephanie strongly prefers an updated kitchen. When they find a place they think they can make their own, Stephanie gets a shocking estimate for how much it will cost to upgrade the kitchen. Will this be the final deal breaker?
Closing costs could be a deal breaker for cash-poor buyers.
Fresh from paying for their dream wedding, Amber and Travis are low on cash as they start their house hunt in Salem, OR. They're counting on sellers to pay their closing costs, but that could be the final straw that costs these newlyweds their first place.
First-time buyers lose homes over low bids
Megha and Gopal want to score a deal on their first place, but after bidding on three houses and losing all of them to higher bidders, the couple is starting their search over. They find a 3-bedroom townhome that has nearly everything on their list and decide to make an offer. But, with five other offers on the table, low-balling is no longer an option. Will they offer a higher bid or again risk losing get their first place?
Newlyweds can't agree on condo vs. house
Tory and Ryan are searching for their first place in Washington, DC. Tory won't consider condos, but Ryan doesn't think they can find any single family homes in their price range. Tory finds a house that needs loads of work, but she convinces Ryan that they will be able to afford the remodel. But the house goes to another bidder - and Tory and Ryan must either continue their search, or wait for this deal to fall apart.
First-time buyers risk losing townhome on low appraisal.
Mahareen is willing to give up some comfort for the right price while her husband Tarik is willing to spend a little more to get the perfect townhome. When a 3-bedroom in New Jersey drops $20,000 in price, they seem to have the best of both worlds. But when the appraisal comes in two thousand dollars lower than the contract price, Tarik and Mahareen must figure out a financial strategy to save the deal.
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