First the foreclosure suicide and now a reality TV show celebrity foreclosure. The mortgage crisis in this country is taking hit at the most unlikely high profile cases.
In 2005, ABC’s popular show Extreme Makeover demolished a family’s decrepit home and helped them rebuild a new one in a show aptly titled, Harper Family Extreme Makeover.
Neighbors and fans wanted to pitch in and around 1800 showed up to lend a hand in demolishing the old home and building a sparkling, four bedroom mini mansion.
Three years later, the tables have turned. (The house it seems had a shell life of only 3 years).
The house has now become the latest victim of the foreclosure crisis. How did it all came to this. Apparently, the Harper family used the gifted home as a collateral for a $450, 000 loan and since then being unable to pay it back they have had to forfeit their living spaces.
What about those who pitched in to help and volunteer? They are fuming mad and less than thrilled about the family’s financial mismanagement.
1. Happy to announce Harper Family took note of my article and left us Feedback below. Don’t forget to check it out. We would love to hear from you as well.
2. This blog does not condone racism. But at the same time, I believe this blog is a reflection of the society we live in so comments would rarely be deleted unless they contain spam.