Extreme Home Makeover House Foreclosed!

Its too bad that the show only gives/fixes homes of people with sob stories. It probably does not make as compelling of a show but I would like them to at least once help out a regular hard working Joe with no tragic family death, handicap, disease, job loss etc.

These people made a really bad decision. Not only did they get a great home but also another $250k in cash and scholarships for their children. Im guessing the cash was to help pay the increased taxes based on the new value of their home. Good for them for trying to start their own business but risking and ultimately losing such an incredible gift makes them look like ingrates

Most of the time they pay off their mortgages and give them a car, in this case they received a large cash gift.

The taxes are affordable when you dont have a house payment

How do property taxes in America work? Do they have to pay higher taxes after the rennovation–i.e., is it tied to estimated value of the home? What’s the rate? Because I cannot imagine it being an unaffordable sum, if this family just stuck to salaries and didn’t venture into the risky world of self-employment.

“the latest victim of the foreclosure crisis.”

Ummm….NO. They took a huge business risk and bartered their home that it would pay off. Has nothing to do with the housing industry. One could potentially argue that it was the constraints on the *construction* industry that contributed to their business venture failing, but NOT at all by way of them being *forced* beyond their means by the housing market. They were just either greedy or poor planners.

Maybe our wonderful government will rescue this family from foreclosure.

I’m sure everyone wants taxpayer money to go to this family.

So they gambled with an incredible gift they received and lost. BIG DEAL. With the house paid off they could have done anything and been living comfortable, but instead they tried to start a business and failed. Maybe Extreme Makeover Home Edition should teach people the value of what they have over the possibility of what they *could* have. Remember folks, if you can’t afford it, don’t buy it.

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!

It’s their own faults for being freaking idiots.
They also got I think 100k from the builder that they squandered away. 100k!!!!!
You can take trash out of a crappy home, but they’re still going to be trash in the new one.

Wow, pretty cruel comments, but I have to agree agree: it’s the whole “give a man a fish, or teach a man to fish” idea. Looks live giving the fish lost again.

“They need another Extreme Home Makeover, please!”

Ummm, NO they don’t. I’ve always hated this show. They give extravagant McMansions to people with sob stories, when it would be infinitely more beneficial to provide adequate (3Bed2Bath-An Average American Home) housing for a multitude of other families. I refuse to watch this show. I’m sad that the people in this story are losing their home, but Hey they were told to get financial advice and it looks like they either didn’t get any or didn’t follow it if they did.

The lesson here is that when someone gives you the biggest helping hand you’ll ever get, the moon, the stars and bright rainbows…… you don’t turn around and be STUPID.

They had everything and got greedy, ran through the money and then wanted more. It’s their own damned fault, so don’t be slamming the show that gave them more than they deserved.

They were poor in the first place because they didn’t know what they were doing. If they had any financial acumen, they would not have needed a charity house from a TV reality show.

It’s called throwing good money after bad. A half a million dollars! Better to give it to a wealthy person who at least could have turned it to a million. This way it’s nothing but waste.

Currently watching Dr. Phil with this couple on explaining what really happen. The previous home they owned was not paid for and Extreme Makeover did not pay off the mortgage. The money they received, they use to invest as mentioned, and for the unkeep of the home. The owner stated that his taxes increased to 5,000 a year. And although the people are Extreme Makeover are doing a good deed, something needs to be put in place regarding the tax increase. Usually the people are already in need, poor, etc. So where do they expect for these people to get money from to pay for the increase and unkeep after? Nothing is changing financially just visually. The people are still in the struggle, just in a new home.

Now, I saw a previous Extreme episode where they paid off the mortgage for some individuals. The legal team for Extreme Makeover need to be more thorough in there research and implement programs for those that are being helped. Some of these people aren’t use to “having” and not familiar with investing.

It makes me wonder what house there living in now. Does it look the same as the house they had before the mansion? Is it even a house? Is it a condo, a rental unit, staying with relatives? An extended family cramped inside a small house or apartment? Imagine going from the shithole they started out with to a dream house to whatever it is they have now? Its like waking up from an excellent dream only to find out it was all bullshit. That kind of thing can destroy a family.

I think the “extremeness” of the show has gotten out of hand. The theme bedrooms and over all size of the homes is ridiculous. I agree that the extreme should be how many people they could help in a community instead of building the mansions they are currently building. I would even give them a month to work on a community instead of 7 days for one family then put an advisor in charge for a year instead of handing $100K to a family who hasn’t been successful in financial matters. Think bigger ABC people!!

I agree with so many of you….this family obviously didn’t manage their funds correctly….however, I strongly disagree that the regular joe working hard would be better served….look, the regular joe working hard does not compare to death, disablity or tradgedy that hits a family. That’s just reality. That said, there are many families on Makeover that make me sick. They are clearly con artists with a dramatic story that should never be honored. I say stick to families going through the worst things, so when you spend that much money and help, it’s for the cases that truly need it. Ie…families raising severely disabled kids, elderly parents with dementia, brain injured people who can’t live anymore in a two story home….or injured military, fire, police, etc..who sacrifice for us all so we can live better. I say never waste your time with a family that isn’t going through something very tough…it’s not enough you lost a job or your home is run down, get over it….there are people with serious problems out here that would make much better stories…check out you tube under autism and self injury and see a family that goes through hell on a daily basis..i’m sure they could use help…though they never ask…and see others on you tube under brain injured, homeless war vets, tramatic events, etc….these are real issues warranting intervention and extra supports. The only HomeMakeOvers I’ve ever enjoyed feature the disabled , severely injured, and war vets. The families with an overweight wife who complains they don’t have money, but who obviously is eating well, is a joke. or the father who is losing his home, but he’s able bodied? And no adverse situation outside this has affected him or his family? C’mon. Don’t insult the public.

Extreme Makeover’s Fall 2010 Season is starting off with tremendous creativity, love and excitement!!

AMONG THE BEST PROGRAMMING ON T.V. You will cry, however.