How the hell do you lose a house that someone gave you as a gift on national television?” How did that happened?
[FORECLOSURE CRISIS]
Queer's favorite guy Ty Pennington.
Home foreclosure. Here, there, everywhere. Where should our accusing fingers point to? Greedy people. We know a few queers who are facing foreclosure but let's talk about them another time. Let's talk about the Harper family. For the record, after they shouted "bus driver, move that bus!, we only have feelings for Ty Pennington and his team on ABC's Extreme Home Makeover. The “victims” of the “Extreme Makeover” home foreclosure is a big piece of sad (but-you-deserved-it) news that generated heated debates recently. The Harpers have only themselves to blame for their greediness and stupidity. Ok, ok, ok, maybe they had hired bad financial advisers. Maybe they were trying to do the right thing but their good ideas have terribly gone bad. Maybe it is all their fault, maybe not...Many people think that is the epitome of a dumb-ass. They got a free home, free taxes and they lost it through a cash out refi. They were already set! Life was just getting better and better. Maybe they should have just gotten regular jobs and they would be doing just fine by now. People think the Harpers' family - Milton and and Patricia Harper and their three children - deserved it. They are the Atlanta-area beneficiaries of a massive home giveaway on ABC’s popular Extreme Makeover TV show three years ago. The four-bedroom, three-garage home–the largest project of the Extreme Makeover team (led by a popular host, Ty Pennington, above) to date– is now in foreclosure. After accepting a quarter-million in charitable contributions from homebuilder Beezer Homes’ employees and company partners, moving into a free home that cost upwards of $450,000, enjoying an all-expenses-paid trip to Disneyland while the house was being built, and also raking in enough money from the show to cover taxes on the house for 25 years, the Harper family turned around and put their custom-made dream mansion up as collateral for a $450,000 loan that purportedly went to fund the Harpers’ failed construction business.
Our bloggers, Phil and Jason, asked: How the hell do you lose a house that someone gave you as a gift on national television?” They didn’t “lose” it. They sold it to the bank for a tidy profit. It was a bad idea, knowing the market was drowning.
Queer's favorite guy Ty Pennington.Home foreclosure. Here, there, everywhere. Where should our accusing fingers point to? Greedy people. We know a few queers who are facing foreclosure but let's talk about them another time. Let's talk about the Harper family. For the record, after they shouted "bus driver, move that bus!, we only have feelings for Ty Pennington and his team on ABC's Extreme Home Makeover. The “victims” of the “Extreme Makeover” home foreclosure is a big piece of sad (but-you-deserved-it) news that generated heated debates recently. The Harpers have only themselves to blame for their greediness and stupidity. Ok, ok, ok, maybe they had hired bad financial advisers. Maybe they were trying to do the right thing but their good ideas have terribly gone bad. Maybe it is all their fault, maybe not...Many people think that is the epitome of a dumb-ass. They got a free home, free taxes and they lost it through a cash out refi. They were already set! Life was just getting better and better. Maybe they should have just gotten regular jobs and they would be doing just fine by now. People think the Harpers' family - Milton and and Patricia Harper and their three children - deserved it. They are the Atlanta-area beneficiaries of a massive home giveaway on ABC’s popular Extreme Makeover TV show three years ago. The four-bedroom, three-garage home–the largest project of the Extreme Makeover team (led by a popular host, Ty Pennington, above) to date– is now in foreclosure. After accepting a quarter-million in charitable contributions from homebuilder Beezer Homes’ employees and company partners, moving into a free home that cost upwards of $450,000, enjoying an all-expenses-paid trip to Disneyland while the house was being built, and also raking in enough money from the show to cover taxes on the house for 25 years, the Harper family turned around and put their custom-made dream mansion up as collateral for a $450,000 loan that purportedly went to fund the Harpers’ failed construction business.
Our bloggers, Phil and Jason, asked: How the hell do you lose a house that someone gave you as a gift on national television?” They didn’t “lose” it. They sold it to the bank for a tidy profit. It was a bad idea, knowing the market was drowning.