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Extreme Makeover House Is Facing Foreclosure
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
One of ABC's most ambitious projects on
Extreme Makeover: Home Editionhas 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