One More Down for the Count

'Extreme Makeover' House Faces Foreclosure

Three years after a Lake City, Ga, home was featured on "Extreme Makeover," the home is in foreclosure and about to be auctioned.The Harper Family used the renovated property as collateral to get a $450,000 loan. Now they are unable to pay the bills and the property will be auctioned on the steps of the Clayton County Courthouse on Aug. 5.ABC-TV said in a statement that it advises each family to consult a financial planner after they get their new home."Ultimately, financial matters are personal, and we work to respect the privacy of the families," the network said.Source: The Associated Press (07/28/08)