Quote:
Originally Posted by DaFace
My wife is into those shows, and I got into them a bit when we first started house hunting. But there was an episode of "Property Virgins" that completely burst my bubble in terms of considering them to be experts. A couple was trying to buy their first home, and they were looking at houses that were at the VERY top of their price range. They were approved by the bank for that amount, but they had wanted to spend maybe 15% less than that based on their own personal calculations about what they could afford. Her reply (paraphrased) was:
"Sometimes you have to stretch a little higher than you expect to get the house you want. The bank knows what you can afford. It's their job to make sure you can afford your payments."
I just about crawled through the screen and strangled that woman. I had to rewind it and play it back twice to make sure I had heard her correctly.  |
Yeah, I used to like that show, but her "advice" and figures she would flippantly throw out were just hard to swallow.
There's another show called First Time Buyers, I believe. I like that show a lot better.