ABC’s hit show Extreme Makeover Home Edition, headed by Ty Pennington, tears down a family’s home and rebuilds a dream home that is safer and roomier. These dream homes are brilliantly designed on the outside and inside. How can a family afford their brand new home which costs $400,000 or more? Do they seek financial counseling? Are most of the materials donated?
According to the The Atlanta Journal-Constitution a family in Georgia foreclosed on their Extreme Makeover Home Edition home. “Materials and labor were donated for the home, which would have cost about $450,000 to build. Beazer Homes’ employees and company partners also raised $250,000 in contributions for the family, including scholarships for the couple’s three children and a home maintenance fund.”
Apparently the family used the two-story home as collateral for a $450,000 loan. The home will be auctioned off August 5 on the steps of the Clayton County Courthouse. Many people worked very hard on this project. It’s disappointing and aggravating because they gave their time, energy, and supplies which were squandered.
Most of the families featured on Extreme Makeover Home Edition are struggling to make ends meet. Some have children with disabilities others open their hearts and homes to foster children or even children in their own families that cannot be cared for anymore.
The question remains. How do families pay for their brand new home? Do they receive contributions from others? Does the builder pay for it? Are they required to have a certain amount of savings or investments? Perhaps some questions will never be answered.
YOU WOULD THINK EXTREME MAKEOVER WOULD FIRST LOOK INTO THE FAMILIES FINACIAL NEEDS FIRST AND THEN BUILD A HOME IN WHICH THEY REALISTICALLY CAN AFFORD. EVEN IN THE TIMES WE ARE IN .THESE HOMES ARE VERY BEAUTIFUL THAT ARE BUILT BUT CAN THESE PEOPLE REALLY AFFORD THEM?I THINK VEIWER ARE GETTING THE IMPRESSION THAT ABC IS PAYING FOR THESE HOMES AND NOT THE PEOPLE WHO RECIEVE THE HOUSE, AND SOME OF THESE HOMES THEY BUILD YOU KNOW ARE JUST TO DRAW THE VEIWER IN TO WATCH THE SHOW AND THEM SAY
WOW LOOK AT THAT HOUSE ABC BUILT FOR THAT FAMILY IN NEED,THAT VERY COMENDABLE OF ABC ” PEOPLE NEED TO WAKE UP AND SMELL THE COFFEE NOTHING IS FOR FREE WITHOUT A STRING ATTACHED AND WHO SUFFERES THAT FAMILY WHO HAD THEIR HOUSE TORN DOWN AND NOW WILL LOOSE THEIR HOME AND BE PUT OUT ON THE STREET.WHAT IF THAT FAMILY HAD A DISABLED CHILD OR SPOUSE THEY SHOW ON TV THEY ARE OUT TOO.
ONLY IN AMEERICA ANYTHING TO SELL TV AND MAKE A BUCK. AH THE FREEDOM WE HAVE HERE IN THE GOOD OLD U.S.A.
R.GIGIS
Your blog is interesting!
Keep up the good work!
How do Families on Extreme Makeover Home Edition Pay for Their Homes? | Misticcafe Finally something new?
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