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unreal and sad
Posted: July 29th, 2008, 10:53 am
by one love
'Extreme Makeover' house faces foreclosure
Mon Jul 28, 11:32 AM PDT
More than 1,800 people showed up to help ABC's "Extreme Makeover" team demolish a family's decrepit home and replace it with a sparkling, four-bedroom mini-mansion in 2005.
Three years later, the reality TV show's most ambitious project at the time has become the latest victim of the foreclosure crisis.
After the Harper family used the two-story home as collateral for a $450,000 loan, it's set to go to auction on the steps of the Clayton County Courthouse Aug. 5. The couple did not return phone calls Monday, but told WSB-TV they received the loan for a construction business that failed.
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www.priefert.com The house was built in January 2005, after Atlanta-based Beazer Homes USA and ABC's "Extreme Makeover" demolished their old home and its faulty septic system. Within six days, construction crews and hoards of volunteers had completed work on the largest home that the television program had yet built.
Posted: July 29th, 2008, 12:20 pm
by RamboPreacher
so, let me get this straight. they essentially got a free house-rebuild/makeover. it was all paid for. then after it was all done, the people that live in it mortgage the home for the cash, then can't pay it back? okay - not so sad in my opinion. no, I don't have all the story, but if this is the case, then they did it themselves - and got a free 450k. is there any investigation to see if that was their plan? (not to have it foreclosed, but to use it to get a huge cash loan)
Posted: July 29th, 2008, 12:53 pm
by Billy n NC
I just watched a segment about this on CNN.
This was the most expensive of the Extreme Makeover houses.
$450K I did not see this show.
They not only got the house free and clear.
They got $250K for kids college scholarships
And on top of this they had a special fund that was going to
pay the county property taxes for 25 YEARS.....
The news commentator was asking about the college money etc. no answers..
Posted: July 29th, 2008, 3:53 pm
by PastorDaniel
Lot's of people seem really upset at this...but imagine the people getting booted out....
I read that the loan was to start a business and when the economy went down they lost their business which left them with a huge mortgage that they couldn't pay...
That is actually a real situation that happens to people all the time...
Posted: July 29th, 2008, 4:02 pm
by one love
RamboPreacher wrote:so, let me get this straight. they essentially got a free house-rebuild/makeover. it was all paid for. then after it was all done, the people that live in it mortgage the home for the cash, then can't pay it back? okay - not so sad in my opinion. no, I don't have all the story, but if this is the case, then they did it themselves - and got a free 450k. is there any investigation to see if that was their plan? (not to have it foreclosed, but to use it to get a huge cash loan)
when I say sad I mean for instance Unreal I cant believe they had a brand new home for free, money for college etc and lost it..
Posted: July 29th, 2008, 4:09 pm
by PastorDaniel
Definitly sad OneLove...I agree!!
Posted: July 29th, 2008, 4:09 pm
by KBevangelist
Words cannot explain it!
All that and to lose it.
KB
Posted: July 29th, 2008, 5:04 pm
by RamboPreacher
it's just stuff. is the family still together?
Harper Home
Posted: July 29th, 2008, 8:02 pm
by pastorables
The original story and pictures can be viewed at this link:
http://realitytv.about.com/od/extremema ... keover.htm