29
Jul
2008
Posted by Steve Rhode as Uncategorized
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Will we see Ty Pennington yelling “Bus driver move that bus” right before the auction on the court house steps for the Atlanta area Extreme Makeover house that is going up for foreclosure?
You read that right, a show built in a week by hundreds of caring volunteers is going up for auction. But how can that be, the home was given to the family in need?
Well, if you are the recipient of a free house and then go out and get a business loan for $450,000 against the house and the business fails, you lose the home.
The house was built in January 2005, after Atlanta-based Beazer Homes USA and ABC’s “Extreme Makeover” demolished their old home and its faulty septic system. Within six days, construction crews and hoards of volunteers had completed work on the largest home that the television program had yet built.
The finished product was a four-bedroom house with decorative rock walls and a three-car garage that towered over ranch and split-level homes in their Clayton County neighborhood. The home’s door opened into a lobby that featured four fireplaces, a solarium, a music room and a plush new office.
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 and enough money to pay the taxes for 25 years.
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