Extreme Foreclosure

I’m very disappointed with the owners of the Extreme Home Makeover home in Clayton County, Georgia. I don’t know what their motives were, and maybe there was a perfectly good intent behind taking out a $450,000 mortgage on their “gift home”, but the fact is they did it, and now their home is facing foreclosure.

The Real Estate Bloggers have been giving me updates on the situation. The family is getting a reprieve from the foreclosure for 30 days, but really…who is going to buy a house like that in the neighborhood it is in?

Which is why I’m also very disappointed with the whole show - which the longer it goes on, the more of a fiasco it seems to me to be.

I was a die-hard fan for quite some time. These homeowners are usually in need, and they get this great house that will solve a lot of their problems! And then they can’t keep up with the cost of living in such a home, and when the time comes to sell, it’s hard because the homes don’t fit the neighborhood. The highest priced home in the neighborhood is not the place you want to be as a seller.

Now, I just want the show to go away. I’m tired of Ty, I’m tired of the heart-wrenching stories and the inadequate solutions to their problems. Instead of spending $X in materials and time, why don’t they build a more moderate house that would fetch a good price when the time comes, and then support the family in more helpful ways?

• Set up a trust to be used only for the education of the children, if there are any present
• Pay off the existing mortgage, and start a trust to pay for utilities
• Assist with existing medial bills, if applicable
• Hire a housekeeper for life for those people who have to have a huge floor plan to accommodate their families

I have a feeling I’m being a bit extreme in my response, so I’ll stop while I’m ahead. If only the Extreme Home Makeover Producers could be so reserved.

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