August 05, 2008 01:00 PM by Paulene Hinds
In 2005 more than 1800 people came out to help ABC’s “Extreme Makeover” team tear down and rebuild a family’s derilect house and replace it with a dream mini mansion.
Now, three years later the family faces a foreclosure crisis because the Harper family used their home as collateral for a 450,000 loan for a construction company that didn’t make it off the ground. The house is set to go to auction on the steps of the Clayton County Courthouse on August 5th.
The home was rebuilt with donated materials and labor which cost about as much as what the home has been financed for currently. Beazer homes employees and company partners also gave the family 250,000 that they had raised for scholarships for the couples three children. A home maintenance fund was also included in that money.
ABC said in a statement that it advises each family to consult a financial planner after they get their new home, but “Ultimately, financial matters are personal and we work to respect the privacy of the families,” the network said.
Many of the volunteers that spent countless hours working on the homeare unhappy with the situation and are angry at the family. Hopefully the children involved will not have to suffer and will still be able to use the donated scholarships to further their education.
Photo Credit: ABC