Saturday, April 17, 2010

Is it really for free? Extreme Real Estate

Realty Check: 'Extreme Makeover' Downsizes Its Dream Homes

Please read this article from the Wall Stree Journal April 6, 2010. As my Mom would also say, nothing in life is for free and if you think it is wait for the bill.

I am sorry to hear that these families who needed so much are losing it all with an overbuilt homes. It has always been fun to watch the creation of these homes and joy it has brough to families, but with a much larger home comes along all the related expenses. The taxes, heating, electric, maintenance and the list goes on.

Maybe when rebuilding or building a new home for a family, the shows guidelines should be to stick with what a family could afford, for all over the above items when a home is complete. Pre-qualify the homeowner, prepare a budget and what will be needed once the show leaves.

Maybe things will work out for the families. I hope so!

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