February 19, 2009 06:00 PM by Paulene Hinds
The hit reality TV show, Extreme Makeover: Home Edition is in its sixth season on ABC. The show that rebuilds homes for families that are struggling or in the grips of hardship is being criticised once again as another family who was featured on the show is in foreclosure.
Eric Hebert had to put his home up for sale last year because he couldn’t keep up with the utility bills and the fact that the economy had become so dismal. The 3,678-square-foot home was listed for $529,000 in May 2008, when EricHebert firstput it up for sale, but the current asking price is $449,000, according to its listing on the Tomlinson Sandpoint Sotheby’s International Web site.
Since putting the home on the market, Eric Hebert has used the home as collateral on a defaulted bank loan in the sum of $396,145.
The home was built by the Extreme Makeover: Home Edition team and a group of community volunteers in 2005. Eric Hebert whois a bachelor, had been raising his late sister’s 11 year old twins and living in a make-shift berm house before theExtreme Makeover Home Edition teamcame in to rescue him.
Eric Hebert’s home is among a growing number of Extreme Makeover: Home Editionhomes to become thesubject of foreclosure proceedings.
Last summer, the Atlanta Journal-Constitution reported that a couple lost their Lake City, Georgia home after using it as a collateral for a $450,000 loan which fell into arrears. Also, a couple in Oak Park, Michigan were facing foreclosure of their home partly because a refinanced mortgage caused their payments to soar, the Macomb Daily reported in December of last year. The Associated Presshowever, reportedearlier this month, that the loan was renegotiated to give the family a better chance at keeping the home.
With all of the criticism and reports of financial distress being caused by Extreme Makeover: Home Edition will ABC rethink the set up of their show and begin to build homes that are more appropriate for today’s times? Their intent in the first place is to financially help the families they come in to save, so it would just make more sense to revamp the show and begin to make realistic homes for the families that they will be able to enjoy for a lifetime, not just a few years!
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Photos Courtesy: ABC