Extreme Makeover Foreclosure
At least two homes built by ABC's reality show Extreme Makeover: Home Edition have either been foreclosed on, or are in danger of foreclosure. A six-bedroom home built for Seminole County, Florida, community activist Sadie Holmes was reportedly in jeopardy after Holmes was hit with liens for nearly $30,000 in unpaid code violations.1
A four-bedroom home with a three-car garage built for the Harper family of Lake City, Georgia, on a 2005 episode of the reality series went into foreclosure in July 2008 and was expected to be auctioned off in August 2008.2
Fast Facts
- Homeowners in foreclosure: Milton and Patricia Harper and Sadie Holmes3
- Harper family's home built: January 20053
- Value of home: $450,0002
- Home used as collateral for business loan2
- Sadie Holmes' Florida home built in 2006; 7,000 square feet, six-bedrooms1
- $400,000 home was in danger of foreclosure; reports said liens for unpaid code violations totaled almost $30,0001
- Reports said a third Extreme Makeover homeowner in New Jersey was forced to sell in 2008 because of financial troubles1
The Foreclosures
Milton and Patricia Harper received a home as a gift from ABC's Extreme Makeover: Home Edition show, which aims to provide needy families with comfortable housing. The Harpers decided to use the house as collateral for a loan for a construction business that failed.2
Community activist Sadie Holmes is a former drug addict whose house was built by Extreme Makeover in 2006. Holmes, who said she pays well over $6000 in property taxes on the home annually, claims she is under a "mountain of debt."1
Related Pages on Mahalo
Extreme Makeover: Home Edition | Harper Family Extreme Makeover | Sadie Holmes | Subprime Mortgage Crisis | 2008 Recession | Bear Market 2008
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