Extreme Makeover Home Edition: Another Home in Foreclosure

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Extreme Makeover Home Edition: Another Home in Foreclosure

February 19, 2009 06:00:27 by Paulene Hinds

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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!

Reality TV Magazine is your source of Extreme Makeover: Home Edition news. For other great reality TV news, please feel free to visit SirLinksALot: Extreme Makeover: Home Edition. And don’t miss our fantastic new Extreme Makeover: Home Edition message board!

Photos Courtesy: ABC

Topics: ABC Reality TV Shows, Extreme Makeover: Home Edition |

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2 Responses to “Extreme Makeover Home Edition: Another Home in Foreclosure”

Centauri-A4 Says:
February 23rd, 2009 at 6:14 pm
Maybe ownership and title should never be turned over to these people so they can’t get loans that they should know they have no ability to repay. All three of your examples were self-inflicted.

On what income did they think they could repay a $396k and $450k loan?

It isn’t the show’s fault that these slackjaws abused a gift they didn’t earn.
HelenM Says:
September 15th, 2009 at 12:12 am
I agree completely with Cenauri-A4.

It sounds to me like the family in Michigan bought into the variable rate loans that many families got into, and couldn’t afford. Thats what started this whole forclosure/housing crash in the first place.

Many of the shows also raised money for people who had makeovers and even payed off thier mortgages for them. The show, as far as I can tell is trying thier very best to help people out, but even their resources are not limitless. People need common sense also.

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