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- Homeowners in foreclosure: Milton and Patricia Harper and Sadie HolmesAccessAtlanta: 'Extreme Makeover' Home in Atlanta in Foreclosure (July 25, 2008)
- Harper family's home built: January 2005AccessAtlanta: 'Extreme Makeover' Home in Atlanta in Foreclosure (July 25, 2008)
- Value of home: $450,000MSNBC: ‘Extreme Makeover’ house faces foreclosure
- Home used as collateral for business loanMSNBC: ‘Extreme Makeover’ house faces foreclosure
- Sadie Holmes' Florida home built in 2006; 7,000 square feet, six-bedroomsNew York Post: Home Crashes Again (October 6, 2008)
- $400,000 home was in danger of foreclosure; reports said liens for unpaid code violations totaled almost $30,000New York Post: Home Crashes Again (October 6, 2008)
- Reports said a third Extreme Makeover homeowner in New Jersey was forced to sell in 2008 because of financial troublesNew York Post: Home Crashes Again (October 6, 2008)
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At least three homes featured on ABC's reality show 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.New York Post: Home Crashes Again (October 6, 2008)
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 auctioned off in March 2009.Access Atlanta: ‘Extreme Makeover’ house to be auctioned Tuesday (March 2, 2009)
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.MSNBC: ‘Extreme Makeover’ house faces foreclosureVardon Family Forclosure
The Vardon family of Oak Park, Michigan, whose home was rehabilitated on the television show, were in danger of losing their home due to foreclosure in December 2008.WFTS-TV: 'extreme Makeover' Tv Family Faces Home Foreclosure (December 9, 2008)Holmes Family Troubles
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."New York Post: Home Crashes Again (October 6, 2008)-
Extreme Makeover Foreclosure Questions
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What are the top 10 states with the highest foreclosure numbers or rates? 2 AnswersAccording to recent news, the highest forclosure rates are as follows: 10. OHIO, One in every 385 houses see forclosure 9. MARYLAND, One in every 384 houses se... read more -
Was your last home a foreclosure deal? 1 AnswerNo, but it was real steal, unfortunately due to a divorce. We purchased it in 1999 at the bottom of the market here. I'm embarrassed to say how much it is wor... read more
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How much a mortgage principle reduction should a bank offer to prevent foreclosure? 1 AnswerThere isn't a specific answer to this question, it depends on a few variables. The bank is going to assess how much is still owed on the mortgage, the current m... read more
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