Inland Empire Cosmetic Nightmare
Tarek and Christina spot a large house in Ontario CA, going to auction for an opening bid 150K. But it's too far away to snoop and the auction starts in less than an hour. Based on comps, which are $240K-$260K, they take a leap of faith and head to the auction where they win the house for $180K. It's always nerve wracking to buy a house sight-unseen, but while walking through the house with their contractor, Dan Messina, it seems to be mostly cosmetic and can be done for 30K in 30 days. But after the work begins they find rotted wood, which leads to extensive termite damage. Will these termites destroy their budget to update the house? Will they be able to make the upgrades that will attract buyers? Or will they be forced to market this Inland Empire Cosmetic Nightmare as is.
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