After the Harper family used the two-story home as collateral for a $450,000 loan, it's set to go to auction on the steps of the Clayton County Courthouse Aug. 5. The couple did not return phone calls Monday, but told WSB-TV they received the loan for a construction business that failed.

http://tv.yahoo.com/extreme-makeover-home-edition/show/36736/news/urn:newsml:tv.ap.org:20080728:tv_extreme_makeover_foreclosure

*wow, while it may sound like they have let all those volunteers down, they had the American dream to have their own business, yet it failed. Sh!t happens. jmo

wow

Is that the one in michigan? Cause I know the one in michigan is up for foreclosure.

no Tanya this one is in Georgia, the biggest one built by 2005, not sure if any others have been bigger since.

well, the one in michigan is in foreclosure... i'm sure a lot of them will be if they didn't get it free and clear.

wasnt aware of the same thing re: Michigan home.

These homeowners took out a substancial loan to start a business and it failed.

May drive to Georgia, as house is going on the auction block, ya never know

I saw that in the news. What a disappointment, mortgaging such a gift for a business endeavor only to lose it. I feel badly for all the people who put their time, effort and love into that project. And, the builders donated tons of money toward the childrens' education. I hope that didn't get blown, too!

Agree it's disappointing all the way around, except for the bank.

Dont think they touched the kids educational funds.

So,
They attempted to benefit financially from Charity?
Is that the same program Im thinking about?

I think they took advantage of good peoples charity..If this was a way for freedom of speech, I respectfully rescind my post..

when a gift is given it's up to the recipient how they utilize it, they had bad luck when it came to their business venture, but ultimately it was up to them.

So now these people who were so graciously given a gift to improve their living conditions has nowhere to live and a defaulted mortgage.
You think that is OK??

I say Karma got them.
Oh well maybe they can get someone else to feel pity for their new predicament and donate them a new house!

Dont believe this family is asking for pity, I was sharing a news article I read. Why take things to this extreme?

$700,000 dollars in Charitable donations?

Some of the volunteers who helped build the home were less than thrilled about the family's financial decisions.

"It's aggravating. It just makes you mad. You do that much work, and they just squander it," Lake City Mayor Willie Oswalt, who helped vault a massive beam into place in the Harper's living room, told The Atlanta Journal-Constitution.

http://tv.yahoo.com/extreme-makeover-home-edition/show/36736/news/urn:newsml:tv.ap.org:20080728:tv_extreme_makeover_foreclosure



I dont think Im extreme!!
Your link!
Im just agreeing with them!

Its a sad situation all around, no matter how you look at it.