Extreme Makeover: Home Edition's Ty Pennington by Vivian Zink/ABC Extreme Makeover: Home Edition's Ty Pennington by Vivian Zink/ABC

One of ABC's most ambitious projects on Extreme Makeover: Home Edition has become a victim of the foreclosure crisis.

In 2005, more than 1,800 people volunteered to help tear down one family's home in Georgia and replace it with a lavish mini-mansion. The Harper family used the home as collateral for a loan, but now has to put the house on the auction block August 5 - a situation not even Ty Pennington can fix. The AP reports that the Harpers told a local news station that they applied the money toward a construction firm that's gone out of business.

ABC issued a statement saying that it encourages Makeover families to get financial advice once they receive their new homes. It's sad to see recipients of such a great gift have to lose it so soon - what's your take on how things were handled? - Anna Dimond