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Another 'Extreme Makeover: Home Edition' Family Facing Foreclosure-Reality TV family faces home foreclosure-"Extreme Makeover: Home Edi

 
Anonymous Coward
User ID: 806504
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12/01/2009 05:34 PM
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Another 'Extreme Makeover: Home Edition' Family Facing Foreclosure-Reality TV family faces home foreclosure-"Extreme Makeover: Home Edi
This one is in calif-here is the direct link w/photos
[link to tv.yahoo.com]



The team from ABC's heartwarming and popular reality series "Extreme Makeover: Home Edition" may give worthy families a whole new house. But yet another family who appeared on the show learned that they don't guarantee you'll keep that house forever.



The Wofford family of Encinitas, California, got their house from the show five years ago, but now claim that after struggling for two years to pay their bills, they're facing foreclosure . Dr. Brian Wofford, a widower and father of eight, explained the crisis, telling 10News: "A lot of people think when you get the house, you get the mortgage. Well, you don't."



The Woffords aren't the first family featured on the show to face serious financial problems after their home makeover. The Harper family of Atlanta, who received the show's biggest house to date, along with the money to pay taxes on it for 25 years, famously faced foreclosure last year after taking out an ill-advised $450,000 loan using the house as equity. And at least four other "Extreme Makeover" recipient families have had to sell or lose the homes they won on the show. ABC is probably considering changing the show's rules (maybe the houses don't need to be quite so lavish, for example) to help avoid such disasters in the future.



However, there's still hope for the Woffords. Loan modification papers are being promised by their bank, OneWest, next week. If they don't go through, the house will be auctioned by the bank in two weeks, but Dr. Wofford is optimistic about his family's future: "If I have my family and I live in a tent, I'm in good shape. Better be a big tent though."
Anonymous Coward
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12/01/2009 05:38 PM
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Re: Another 'Extreme Makeover: Home Edition' Family Facing Foreclosure-Reality TV family faces home foreclosure-"Extreme Makeover: Home Edi
Wow, the Harper family are jackasses.
Anonymous Coward
User ID: 817412
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12/01/2009 05:43 PM
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Re: Another 'Extreme Makeover: Home Edition' Family Facing Foreclosure-Reality TV family faces home foreclosure-"Extreme Makeover: Home Edi
Wow, the Harper family are jackasses.
 Quoting: Anonymous Coward 810693

that's what I was thinking when i read it too. how could they think that was a good idea? crazy.
Anonymous Coward
User ID: 830704
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12/01/2009 05:43 PM
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Re: Another 'Extreme Makeover: Home Edition' Family Facing Foreclosure-Reality TV family faces home foreclosure-"Extreme Makeover: Home Edi
This one is in calif-here is the direct link w/photos
[link to tv.yahoo.com]



The team from ABC's heartwarming and popular reality series "Extreme Makeover: Home Edition" may give worthy families a whole new house. But yet another family who appeared on the show learned that they don't guarantee you'll keep that house forever.



The Wofford family of Encinitas, California, got their house from the show five years ago, but now claim that after struggling for two years to pay their bills, they're facing foreclosure . Dr. Brian Wofford, a widower and father of eight, explained the crisis, telling 10News: "A lot of people think when you get the house, you get the mortgage. Well, you don't."



The Woffords aren't the first family featured on the show to face serious financial problems after their home makeover. The Harper family of Atlanta, who received the show's biggest house to date, along with the money to pay taxes on it for 25 years, famously faced foreclosure last year after taking out an ill-advised $450,000 loan using the house as equity. And at least four other "Extreme Makeover" recipient families have had to sell or lose the homes they won on the show. ABC is probably considering changing the show's rules (maybe the houses don't need to be quite so lavish, for example) to help avoid such disasters in the future.



However, there's still hope for the Woffords. Loan modification papers are being promised by their bank, OneWest, next week. If they don't go through, the house will be auctioned by the bank in two weeks, but Dr. Wofford is optimistic about his family's future: "If I have my family and I live in a tent, I'm in good shape. Better be a big tent though."
 Quoting: Anonymous Coward 806504


Kinda reminds me of the HGTV giveaways. 99% of those who win, sell the house and those who don't or can't are fucked!

As far as EHM goes...

This show is just about exploitation, not charity. Sure, Ty and the gang squeeze out some tears for the camera, but this is the first and only time they've gotten into trouble with the show.

When they first started out, they instructed the "homeowners" how to claim the prize as a rental for a television show, thereby making the home eligible for all kinds of deductions, and the award to be taxed as income instead of short term captial gains.

The IRS quickly shut that scheme down.

Other homeowners, most of them in fact, report many problems with the construction of the houses (seeing as they're built in a week, this isn't a surprise) running from plumbing, to electrical, to leaky roofs and unstable foundations. There's many more.

They shower the "award winners" with an array of power hungry electrical devices from washer/dryers to computers to gigantic televisions. In the beginning the hapless homeowners were left to fend for themselves with maintenance, repairs and electric costs.

Complaints from "contestants" and consumer groups quicky forced EHM to offer cash payments for the expenses and in-home warranties for the electronics.

Bottom line is IT'S Showbusiness! Everyone involved is out to get something, Sears, ABC, the homebuilders, etc.
telatha
User ID: 831533
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12/01/2009 07:02 PM
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Re: Another 'Extreme Makeover: Home Edition' Family Facing Foreclosure-Reality TV family faces home foreclosure-"Extreme Makeover: Home Edi
Bottom line is that the people who receive help from the show have to agree to terms and sign these agreements. Also, how greedy can you get when you get a second mortgage for $450,000.00, like the Harpers did. Unless you need a new vital organ (kidney, or heart, maybe) and have no insurance, why do you need that much money? Greediness is at the heart of our current financial problems. Houses had gone so high there was only one way--down! It doesn't take much brain to realize that what goes up must come down-- sometime.
anonymous poster
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12/01/2009 07:02 PM
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Re: Another 'Extreme Makeover: Home Edition' Family Facing Foreclosure-Reality TV family faces home foreclosure-"Extreme Makeover: Home Edi
Wow, the Harper family are jackasses.

that's what I was thinking when i read it too. how could they think that was a good idea? crazy.
 Quoting: Anonymous Coward 817412


They get everything practically served to them on a silver platter, and they blow it all away. This was totally preventable.
Anonymous Coward
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12/01/2009 07:09 PM
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Re: Another 'Extreme Makeover: Home Edition' Family Facing Foreclosure-Reality TV family faces home foreclosure-"Extreme Makeover: Home Edi
The blew 450 G's in three years? How stupid are they? You should be able to live off that for years.
Anonymous Coward
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12/01/2009 07:10 PM
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Re: Another 'Extreme Makeover: Home Edition' Family Facing Foreclosure-Reality TV family faces home foreclosure-"Extreme Makeover: Home Edi
Oftentimes the reason these people were in dire straights in the first place was due to ignorance and a lack of ability to properly manage their own lives. Every potential winner ought to be vetted to make sure they are capable of handling their potential new lifestyle post show.

Just like the lottery winners who piddle their winnings away... stupidity.
anonymous poster
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12/01/2009 07:19 PM
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Re: Another 'Extreme Makeover: Home Edition' Family Facing Foreclosure-Reality TV family faces home foreclosure-"Extreme Makeover: Home Edi
Other homeowners, most of them in fact, report many problems with the construction of the houses (seeing as they're built in a week, this isn't a surprise) running from plumbing, to electrical, to leaky roofs and unstable foundations. There's many more.

They shower the "award winners" with an array of power hungry electrical devices from washer/dryers to computers to gigantic televisions. In the beginning the hapless homeowners were left to fend for themselves with maintenance, repairs and electric costs.

Complaints from "contestants" and consumer groups quicky forced EHM to offer cash payments for the expenses and in-home warranties for the electronics.

Bottom line is IT'S Showbusiness! Everyone involved is out to get something, Sears, ABC, the homebuilders, etc.
 Quoting: Anonymous Coward 830704



A lot of the rumors about houses being leaky, etc...were actually confirmed to be false by the actual recipient families. Take, for example, the Koepke family. Also, for at least the past three seasons, the builders and designers on the show have been increasingly installing energy efficient appliances and enabling the families to generate sustainable forms of power, like solar, wind and geothermal energy, saving the families lots of money. And a lot of families have had their mortgages completely paid off and scholarships granted for the kids, medical bills paid, etc...Maybe the principals remaining on these mortgages were big, maybe they were small, who knows. My point is, not all the families are at risk of being in situations like the Woffords, the Vardons or the Hassalls. I certainly hope that if the show stays for a lot longer, that ABC doesn't pick another less-than-intelligent family like the Harpers that would just gamble away a huge gift like that. Instead of recommending they consult a financial advisor, they should REQUIRE it. All in all, I've seen the Wofford family and other families in reunion episodes, and these guys really don't deserve to lose their home. They seem like genuinely nice people. The husband lost his wife and mother of eight children. I think it would be tough to see them lose their house on top of that.





GLP