The home renovation trend has been driven by the presence of a number of shows on television. HGTV has a number of shows that showcase the process of buying internationally or even renovating a current home. There seems to be a program and budget for nearly everyone which is why it is so interesting. DIY professionals also use these shows as a source of inspiration for future projects they might want to take on. These shows might not be as accurate as some people might think. Not including things like dumpster service during a renovation show can misrepresent the cost of the entire project. Certain shows might be set in Canada so the dollar amounts are not the same as USD. The following are things that you should know about home buying/renovation shows you see on TV.
International Restrictions Might Require Additional Investment
The mortgage policies internationally might come with much higher interest rates. There also could be a requirement to start a business or invest in a business to gain citizenship. Other countries like that of Hungary require international buyers to put down a large portion of a properties value in comparison to Hungarian citizens. Looking into all of the restrictions is imperative as you could be searching in an area where you only might be able to lease for a certain amount of time.
Getting On The Same Page As A Couple Is Imperative
Couples always seem to be bickering when looking for the right home or apartment. The truth is that producers encourage disagreements among the couples as it makes for a better show. The conflicts might not be as pronounced as they appear on the shows. Couples that are completely in agreement about the budget and features they want in the show don’t exactly allow for playful banter. Figuring out what the needs and desires of a home will be is always something to clear up before even embarking on the search. You might find that there are adjustments that need to be made due to miscalculating what your budget can get you in this current real estate market.
Older Shows Might Not Reflect Today’s Cost Of Living
Heading to the beach in a tropical location seems to be the theme of a number of television shows. So many people dream about retiring somewhere where they can live the life near the beach with all of the entertainment that it offers. Costs of homes in certain locations like that of Florida have skyrocketed in the last few years. The increase in value of the home is now coupled with the highest interest rates for mortgages that US residents have seen in decades. International locations might have had a shift in value due to a currency losing a bit of value. The British Pound is an example of a currency that has lost value along with the Euro.
Home renovation and buying shows are not going anywhere anytime soon. The popularity of these shows have erupted with so many options available. Certain people might even just watch them on YouTube so they can get through a majority of commercials seamlessly.