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Extreme Makeover House goes into foreclosure...


kicker23
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'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.

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.

The finished product was a four-bedroom house with decorative rock walls and a three-car garage that towered over ranch and split-level homes in their Clayton County neighborhood. The home's door opened into a lobby that featured four fireplaces, a solarium, a music room and a plush new office.

Materials and labor were donated for the home, which would have cost about $450,000 to build. Beazer Homes' employees and company partners also raised $250,000 in contributions for the family, including scholarships for the couple's three children and a home maintenance fund.

ABC said in a statement that it advises each family to consult a financial planner after they get their new home. "Ultimately, financial matters are personal, and we work to respect the privacy of the families," the network said.

Some of the volunteers who helped build the home were less than thrilled about the family's financial decisions.

"It's aggravating. It just makes you mad. You do that much work, and they just squander it," Lake City Mayor Willie Oswalt, who helped vault a massive beam into place in the Harper's living room, told The Atlanta Journal-Constitution.

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Information from: The Atlanta Journal-Constitution, http://www.ajc.com

Copyright © 2008 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

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Everyone that busted their ***** to work on that house.

Some people deserve to be homeless.

What many will never understand is that I am not cold hearted, I just understand some people make bad decisions over and over and create their situations. No matter how much money you throw at them they will not change. Government assisstance is the same, it just keeps thowing money out there hoping for a different result. Yes, some can be helped, but private charities should take care of that. It worked before Roosevelt.

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You don't get something for nothing.

And if you wait until late in life to learn that lesson, even if you DO get something for nothing, you're generally way too stupid to keep it.

They took out a loan on the house to start their own business and never paid the loan back, or else it would have been free. But I love that quote.

Extreme Home Makeover gave them money to pay taxes on the house for the next 25 years or something like that, and they did nothing but piss it all away.

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They took out a loan on the house to start their own business and never paid the loan back, or else it would have been free. But I love that quote.

Extreme Home Makeover gave them money to pay taxes on the house for the next 25 years or something like that, and they did nothing but piss it all away.

Well, anybody that would put their house up as collateral in order to invest the proceeds, is a friggin moron. The most basic of necessities, a roof over your head, and they parlay it to make money?

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Well, anybody that would put their house up as collateral in order to invest the proceeds, is a friggin moron. The most basic of necessities, a roof over your head, and they parlay it to make money?

Not only that, but if you ARE going to do it, you SURE don't borrow more than you could afford to pay back if the investment went south. Just a bad, bad decision.

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So you have the house of your dreams, entirely paid for with even a repair fund, have your kids college paid for from the sound of it....

and you take out a 450,000 dollar loan to start a construction company?

Stranger than fiction.

Yeah.

Honestly, I'd have felt better if they'd spent the whole $450K on hookers and blow. At least then, they wouldn't have the half-straight-face argument that they were trying to start a business to set their family for life.

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Oh so typical....... Quite frankly their keen decision making got them on the show, if it wasn't for the kids they would still be in squaller. Its these types of people that really piss me off. What total jerks!!!

a half million dollars in equity, and the open a construction business in a DOWN market.... as that guinness ads would say (BRILLIANT!!!)..........I am sure they will be Darwin Award winners before too long!!!!

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Yeah.

Honestly, I'd have felt better if they'd spent the whole $450K on hookers and blow. At least then, they wouldn't have the half-straight-face argument that they were trying to start a business to set their family for life.

Yeah I know. Or at least if they started a half believable business. I can see someone being stupid and starting up/investing in some small business doing something they love/always wanted to do... but I don't know many of people that go "man... Im pretty much financially set for life. Lets start a construction company!"

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I think the Atlanta Falcons Message Board should start a fund-raising drive, to help this family out of it's troubling dilemma.

C'mon, folks......WHAT DO YOU SAY?

How about we take that fund and go buy the house. We would have a great game day house!

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Am I the only one who has to wonder how they were legally able to use a house paid for and constructed by other people like this? Why wouldn't ABC have it in the contract to forbid these "poor" people from profiting off their labor?

When you give a gift you can't stipulate how they can use it. **** they could have sold the house. It is theirs to do what they wanted to do. Even F@#k it up.

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