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- Extreme Makeover: Home Edition is an ABC reality show
- On the show, families modest homes are remodeled into lavish, expensive dwellings
- The Extreme Makeover team installs new state-of-the art appliances and sometimes builds new rooms and additions onto the existing homes http://tv.yahoo.com/blog/another-extreme...
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Several homes featured on ABC's reality show Extreme Makeover: Home Edition have either been foreclosed on, or are in danger of foreclosure. In early-December 2009 the Wofford family, including widower Brian Wofford and his children, faced foreclosure on their Encinitas, California home. In an interview with a local news station, Wofford explained, "A lot of people think when you get the house, you get the mortgage. Well, you don't."http://tv.yahoo.com/blog/another-extreme-makeover-home-edition-family-facing-foreclosure--834
At least four other families featured on Extreme Makeover: Home Edition have lost their homes or were forced to sell it because they couldn't afford the mortgage.http://www.findingdulcinea.com/news/Americas/2009/June/With-Extreme-Makeover-Homes--Some-Get-Foreclosure-Instead-of-Happy-Ending.html. The Harpers, of Atlanta, Georgia, faced foreclosure in 2008. The family had to take out a $450,000 loan from their home's equity, a loan they really couldn't afford.http://tv.yahoo.com/blog/another-extreme-makeover-home-edition-family-facing-foreclosure--834 -
The Harper Family
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 foreclosure -
Vardon 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) -
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Extreme Makeover Foreclosure News
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Weather hampers construction on Habitat for Humanity house in Myrtle Beach
Building this house is much different than what the Grand Strand has watched this week with the construction of a house for the TV show "Extreme Makeover: ... (January 15, 2010)Myrtle Beach Sun News -
Mountain of debt
That panel provided the couple an Extreme Money Makeover, an educational program offering consumers insights on how they might better handle their money, ... (January 24, 2010)Stockton Record
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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 -
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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Extreme Makeover Foreclosure News
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Weather hampers construction on Habitat for Humanity house in Myrtle Beach
Building this house is much different than what the Grand Strand has watched this week with the construction of a house for the TV show "Extreme Makeover: ... (January 15, 2010)Myrtle Beach Sun News -
Mountain of debt
That panel provided the couple an Extreme Money Makeover, an educational program offering consumers insights on how they might better handle their money, ... (January 24, 2010)Stockton Record
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