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Thread: Home makeover disaster! How could they be that irresponsible?

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  1. #1
    Join Date
    Aug 2004
    Location
    Fayetteville, NC (stedman)
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    Home makeover disaster! How could they be that irresponsible?

    An Atlanta home that the Extreme Makeover: Home Edition folks refurbished is in foreclosure danger, according to a new report.

    The owners, Patricia and Milton Harper, reportedly took a $450,000 second mortgage on the home about 15 months ago and have defaulted on the loan.

    One of the homeowners said they struck a deal with their bank to rescue their "extreme" home and that there will be no foreclosure auction.

    But, the bank would not confirm that claim.

    The report goes on to point out that the loan proceeds were invested in a failed construction business.

    A city official, who volunteered to help the ABC show create the 'dream home', expressed surprise that the family is in a foreclosure predicament.

    He said the local contractor who 'sponsored' the ABC rebuild effort paid off the Harpers' mortgage AND gifted the family with $200,000.
    --------------------------------------------------------------------------Here is the family in question:

    http://www.ajc.com/living/content/li...21extreme.html
    __________________________________________________ _______________

    That is just crazy!


    Thank you so much Michelle!

    Please be responsible, spay and neuter your pets!


    I've been BOO'd!!! Thanks Lori!

  2. #2
    Can we say "GREEDY" and "UNGRATEFUL" ?!

    What a shame.

    Take the house and let them go live a an RV or trailer.

  3. #3
    Join Date
    Dec 2007
    Location
    Canada
    Posts
    872
    Maybe NILIF should apply to humans also.

  4. #4
    Join Date
    Jun 2000
    Location
    Windham, Vermont, USA
    Posts
    40,861
    I think they were just as unwise after the makeover with their finances as they were before ... money does not come with an endowment of intelligence added.
    I've Been Frosted

  5. #5
    If that's the case, I hope the makeover people have better screening processes.

  6. #6
    Join Date
    Apr 2001
    Location
    indianapolis,indiana usa
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    22,881
    Quote Originally Posted by Karen View Post
    I think they were just as unwise after the makeover with their finances as they were before ... money does not come with an endowment of intelligence added.

    Unfortunately true. The program is aptly name, it was all extreme.
    All that money spent for one house? What a waste.
    I've Been Boo'd

    I've been Frosted






    Today is the oldest you've ever been, and the youngest you'll ever be again.

    Eleanor Roosevelt

  7. #7
    Join Date
    Aug 2006
    Location
    Methuen, MA; USA
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    17,105
    Quote Originally Posted by lizbud View Post
    All that money spent for one house? What a waste.
    It says that is what they would have spent, materials and labor were all donated for the house.

    I guess it is similar to some folks who win the lottery and are in bankruptcy 3 years later. Not everyone can manage money; and sometimes that is why they are in the hole they are in before the show arrives to fix things.
    .

  8. #8
    Join Date
    Aug 2004
    Location
    Fayetteville, NC (stedman)
    Posts
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    UPDATE: The house is going up for foreclosure this weekend. It will be foreclosed upon if back payments are not made.

    ALSO this is the largest house ever built on Extreme Makeover, with the most luxuries. Even had 6 fireplaces.


    They were given enough money to pay the taxes for 25+ years.

    Info was on prime news.


    Thank you so much Michelle!

    Please be responsible, spay and neuter your pets!


    I've been BOO'd!!! Thanks Lori!

  9. #9
    Join Date
    Dec 2003
    Location
    Land of the Ducks...quack!
    Posts
    7,007
    Shoot Id be happy to OWN my own home much less get a huge free remodel on it...plus money!
    Some people

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