| theminuteman |
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that's crazy
Good morning my MTO peeps... |
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--------------- myspace.com/reek1981 |
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| Jose100 |
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recession is real...
URGENT!! IF YOU MISSED THE VIDEO OF OMAROSSA CALLING WENDY WILLIAMS A *B.I.TCH* ON HER SHOW. THE VIDEO IS POSTED AT FUNNYASSVIDEOS.NET |
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--------------- www.funnyassvideos.net |
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| DivaMuffin |
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thats [EXPLETIVE] up |
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| Check_Into_Cash |
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Thats sucks... |
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--------------- Get $1500 at www.LoanUntilFriday.com |
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| MiszCECE |
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GREEDY!! |
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--------------- <3 <3 <3 |
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| nunu09 |
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just because its a new home does not mean they have the money to keep up with it hello do you see world we live in now but they did mess this up shame on htem |
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--------------- im nunu cuz i rock the new new sh*t |
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| Staceyaj79 |
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You cant help every one |
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| ironboy4u |
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ungrateful ppl
www.myspace.com/ironboy4u |
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| euaoa |
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Good. But Which one is real? It is different with the one I get from the hot interracial dating club -- MixedCupid dot c " where thousands of new members to join daily to meet dream date |
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| CHILIPEPPER27 |
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see what happens when you get greedy??? what and the hell did they need $600,000 for and they already had $100,000 in cash and a free home??!!!! |
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--------------- www.myspace.com/mskinney2u |
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| Imauriis_Mom |
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I always wondered how those people who had no jobs and very hard situation would maintain thos huge homes.....if its just one person workin there is there way they can maintain those homes and pay the bills and all of tht.....it doesnt make sense to have all of those nice things and not be able to keep them.... |
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--------------- Im Me......Nothing More...Nothing Less!! |
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| cicipen |
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Why would they take out another mortgage? Someone explain. Hell a part time job could have paid the utilities. They took out a $600,000 loan on that house. WTF did THAT $$$ go. Those fools were out partying like a rock star. |
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| ladytee35 |
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Damn shame I hope this is not that black family that I really had felt bad for on the first year of the show. That is what happens people keep taking out mortgages on their homes for stupid stuff live on a damn budget and stop trying to keep up with the jones all the time. |
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--------------- Same Toilet Different SH*T! |
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| mallswifey08 |
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nice house..sh!ts crazyyyyyy |
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--------------- ~reppin 614 all day everyday~ |
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| NazkarMonte03 |
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this is why Americans are always in debt... |
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--------------- myspace.com/1980sBurlesque |
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| Sekseewon |
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They should be ashamed that were blessed with that oppurtunity and took advantage of it. They should truly be "SHAMED" I would love to hear their pathetic excuse of why they let this happen. They owe ABC an apology |
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| ilik2watchu |
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Better get used to the cardboard box.
Girlfriendchurch.com |
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| NCsbaddest |
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First what ashame, greed will not get you anywhere, secondly i feel sorry for the girl posting with the white boy shorts, I'm at work checking out this site and I see that, yuck, what a disgrace to the human race have some class gurl |
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| mrnotiq |
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they must have been [EXPLETIVE]... greedy, not knowing what to do with $100,000 ass [EXPLETIVE]. INVEST! ever played Mobsters? lol ;P |
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--------------- www.myspace.com/mrnotiq |
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| Treasure8430 |
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IF THIS IS TRU........WAT DID THEY DO WIT THE MONEY? & WAT MADE THEM TAKE OUT 600 G'S.....R THEY MAD OR WAT? |
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--------------- "TrEaSuRe Wat U Can‘t Have" |
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| DownLowConfessions |
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damn fools |
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--------------- www.downlowconfessions.com |
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| hop_on_top |
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what a dummy.. |
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| Anthow |
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damn thats tough |
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--------------- KEEP WATCHING ME! |
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| BrookynPrincess |
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well eventhough the mortgage was paid, that property tax, water, light, gas, heat bills need to be paid... plus other misc things... but personally i think they wanted their lifstyle to reflect their house... so they tried to keep up with the combs... |
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--------------- And God Said, Thou Shall Be Fly... |
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| KingRamses2U |
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Living beyond your means will do it to you EVERY TIME! |
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--------------- Joy & Pain....Sunshine & Rain... |
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| BlueMomma |
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Please tell me they weren't black, because this truly sounds like some n*gger sh*t! |
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| DivaMuffin |
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you see if they would have just giving it to me that would have me on here saying how, i made more money from what they gave me |
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| badbones4 |
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I almost started to feel bad about the family until I read the whole thing. They deserve every bad thing that happens to them for that. For their house to be paid off and a extra 100Gs in their pockets, WHY TAKE OUT AN EXTRA LOAN YOU DUMMIES?! |
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| industryman |
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so lets see , they got a free house and 100g's in cash .........
BUT
they owe a 600,000 loan and spent the 100,000g's
WTF! |
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--------------- digitalfame.blogspot.com |
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| SHORTNSASSY |
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THEY DESERVE TO BE HOMELESS. WHO GAVE THEM A $600,00 LOAN. I MAKE $65,000 A YEAR AND PROBABLY COULDN'T TAKE OUT A LOAN THAT BIG. |
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| Lion-S |
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people can be soooo greedy, if it's true about the 100,000 in cash given 2 them, the 600,000 loan was just them tryna floss...really BAD karma |
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--------------- http://www.youtube.com/liondashs |
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| bkfemallday |
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THAT IS CRAZY AND GREEDY, NOW THEIR BACK WHERE THEY STARTED OR WORST. I DONT UNDERSTAND THINGS LIKE THAT AND IF THE HOME WAS PAID FOR HOW AND WHY DID THEY GET THE LOAN |
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| ImmaLetDaTruthBeTold |
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sounds like they weren't ready for a new life |
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--------------- YOU SAY REAL TALK BUT I SPEAK REALITY |
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| Shereezy |
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That was straight up greed!!! They need a quick class in Business Finance; sh*t that extra $600,000 was a stupid move!!!! |
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--------------- If you knew betta...You‘d do betta |
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| kimpeach |
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@ ladytee35
Sadly, this is a black family. |
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--------------- Everything is so peachy! |
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| Selector |
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That d American`t way |
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--------------- Excuse me while I light my spliff |
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| TskTsk264 |
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I was starting to feel bad because I thought oh they could not afford the utilities and other expenses, but seriously like someone said a consistent part time job could have paid for that.
Who the hell gave them a $600,000 loan?!?! I guess they used their house as collateral because there is no way a smart bank would have done that. The bank probably knew eventually they wouldn't be able to pay it and had their eye on their property. I hope these folks weren't black because if so they got super played by the man all because they were trying to flaunt a lifestyle they couldn't afford. And what happened to the $100,000. Half of that should have immediately gone into some investment security. Negroes need to stop playing games and learn how to accumulate wealth, not borrow it. Because then this [EXPLETIVE] happens.
This show needs to give everyone they help out 1 year free mentorship from a personal advisor. Because I'll be damned if I were Ty and waste my money on people that don't appreciate it or don't know how to maintain it. |
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| BellaFoxxy |
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Wow! If someone pays of your mortgage you only GOTTA WORRY ABOUT the basic extras like car,light,heating or wtv. WHY HELL WOULD SOMEONE TAKE A 2ND MORTGAGE ON THEIR HOUSE WHEN THEY COULDN'T EVEN AFFORD THE FIRST ONE?! WTF..They must think they need to act rich cuz they look rich in that big house they took out that 2nd mortgage to LIVE IT UP NOW THEY AINT GOT [EXPLETIVE]..Damn shame |
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--------------- H.B.S.P |
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| JackieG81 |
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Those are some true a$$holes 4real!!! Do you know how much volunteer work goes into that??? Oh well, I guess that house was meant to be beautified for another deserving family. |
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--------------- :*.www.myspace.com/BossBitch1981.*: |
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| Pimp-your-Arm |
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Wow what a story...But Anyways...
HEY LADIES YALL GOTTA CHECK THIS OUT !!!!!
www.topqualityfashions.com
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--------------- Ladies Pimp Your Arm with a Gorgeous Bag |
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| badbones4 |
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@ TskTsk264
I agree with you about the 1 year free mentorship from a personal advisor. This proves that a lot of people are not ready to be blessed with something big, but I believe that I am.
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| kimpeach |
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This is the same black family (I believe from the first year) that had raw sewage in their yard. Makeover Home tore down their old house, fix the problem, re-build a home and gave them an additional 100,000. Plus, paid off their mortage.
You can't feel 100% sorry for them because they did this to themselves. |
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--------------- Everything is so peachy! |
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| Lis |
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It IS a shame, BUT, they didn't just eff up the money like you're implying MTO!!!!!!!!!!!!
MHE are selective with the families they decide to renovate homes for, so these aren't shabby people. They took out a loan on the home to start or add to an existing small business, which unfortunately with the current economy, hasn't been successful to them. So as a result of not being able to turn a profit, they couldn't pay back the loan.
I personally wouldn't have used my home. The bank is gonna make a KILLING off of that home, or the new buyers, knowing there's some fame behind the situation.
Very sad.... |
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| FlacoSuede |
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That's too bad. Oh well, "It's back to the ghetto you go". |
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--------------- Angels and Demons look alike to me... |
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| Science205 |
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MAN ITS FAMILES OUT HERE LOSING THERE HOMES THESE ARE SOME STUPID FOOLS
-SCIENCE 205 |
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--------------- God is Good.....All The Time |
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| speedball625 |
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THEY SMOKE ROCKS! |
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| MsSinnocent |
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@LIS..THANK YOU FOR THE BACKGROUND STORY
HOWEVER, WHY TAKE OUT A HUGE AMOUNT, AND PUT YOUR HOUSE AS COLLATERAL, WITH THESE TIMES? AND ON TOP OF THAT, MAINTAINING A HOUSE OF THAT CALIBER IS EXPENSIVE |
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--------------- ItZ bOuT tHa BiGgEr PiCtUrE |
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| badbones4 |
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Instead of moving on up to the eastside, they're moving on down to the projects. |
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| You_Know_Me |
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Wow..that's greed.. |
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--------------- ..I am who I be.. |
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| TaliciousVille |
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D*MN! I HOPE THIS WAS NOT A BLACK FAMILY! |
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--------------- Talisha>www.myspace.com/291219743 |
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| taya919 |
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Yes the family is black. This is all over the news in Georgia. The family claims that part of the money was used to invest in a construction business that failed. Who knows if that's the truth or not. If these families are not able to afford the humble places they had to being with what makes the producers of the show think that they could manage such an over the top mansion?The house was over 5000 square feet!!! Ridiculous. |
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| taya919 |
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Yes the family is black. This is all over the news in Georgia. The family claims that part of the money was used to invest in a construction business that failed. Who knows if that's the truth or not. If these families are not able to afford the humble places they had to being with what makes the producers of the show think that they could manage such an over the top mansion?The house was over 5000 square feet!!! Ridiculous. |
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| kl85 |
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wowzers...somebody was getting used to the good life...now they broke not good |
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--------------- myspace.com/sexyjanl21 |
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| Mz_Doagae |
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This is a damn shame....It is true that you can not help everyone......ok but on to another topic...
@CHILIPEPPER27
Girl you need to get the pic down quick...like last Thursday...that is not a cute look sweetie.... |
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--------------- I only got 3 people in my FAVEfive... |
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| DallasDyamond |
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A DAYUM SHAME!!! |
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--------------- TX. MOFO DATS WHERE I STAY!! |
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| greyeyedchyck |
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@BLUEMOMMA . . . IF I AM REMEMBERING CORRECTLY I BELIEVE THEY WERE BLACK ! ! ! |
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--------------- Atlanta‘s Own Virgo Beauty ! ! ! ! |
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| SoTired |
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@CHILIPEPPER27 PLEASE DO US ALL A FAVOR AND REMOVE YOUR AVATAR. i JUST THREW UP IN MY MOUTH A LITTLE BIT. yOU KNOW THEM GIRLS NEED SUPPORT AND SHOULND NOT BE OUT ALL WILLY NILLY. U GONE PUT UR EYE OUT. |
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--------------- Ike‘s Beeoch |
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| koko_kisses401 |
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Mz_Doagae
not the see thru top with da big tatas! wtf? |
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--------------- Harlem Born, Miami Breed |
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| soulsangr |
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living above our means
is NEVER a good thing |
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--------------- i crack my OWN self up!! |
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| TROOPER |
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THEY SOME DUMBASSES, THEY'RE NOT THE FIRST ONES. I HEARD SOME PPL IN JERSEY WHO WAS ON THE SHOW DID THE SAME THING. SEE THEY THOUGHT THEY WERE GOING TO COME UP BUT IF U NOT TAKIN MONEY OUT TO GENERATE MONEY JUST TO SPEND THEN U SHOULD LOSE YO HOME U DUMBASSES. NOW THEY BE IN A APARTMENT WHEN U WAS IN A PLUSH HOME PAID FOR. I WILL BE SICK CUZ HOME MAKEOVER BE PUTTING SOME SHIIT IN THEM HOMES AND BACKYARDS. I WANT MIND DONE AND I HAVE A NICE HOME. HAHAHA |
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--------------- www.bestticketdiscount.com |
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| mzblackbarbie_08 |
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thats really messed up and they should really be ashamed of themelves....because that makes no sense |
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--------------- "still da baddest:" |
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| sweetpea1 |
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Why would you take out a second mortgage on a brand new house that is paid for? What could you possible need? And they gave $100,000 on top of that? All they had to do was pay taxes & utlities on that house. If the house was too much for them to handle, they could have sold it. That is just ignorant! Well, they can't say somebody didn't try to help them. I would have loved to have had that opportunity. |
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| HeresThaGotchaGotcha |
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aww that is really sad!!! They coulda invested that $100,000 and made some good money. Most people dont make that in a year...hell, two years! |
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| 1205 |
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MTO, they have to pay TAXES on the property every year....with a house like that, they had to come up with alot of money every year...they borrowed money to pay the bill but then they could not make the payments...we are in a depression..I mean a recession |
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| Skillz-Inc |
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That's what happens when you're bad with $$$ |
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--------------- www.myspace.com/ttjakt |
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| ilovemykids4eva |
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Here's the real story:
http://www.cbs46.com/news/16979641/detail.html |
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| javonte |
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if they had of invested that extra money, over 3 years they would have enough to pay taxes... so there's really no excuse... its just poor money management... some people just don't know how to adapt and make changes... you give a poor man a million dollars and what does he do with it? wastes it. |
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--------------- www.myspace.com/javonte84 |
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| JONZ75 |
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Lock them up
there not fit for society.
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| HUEmanbro |
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That's what being greedy would get you. This story is actually pathetic,but I'm not least bit surprised. Gas is high and the economy is bad and u got folks still trying be ballers and flawsing above their means and driving their escalades and rang ro's to impress others when they aint really got shiit. |
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--------------- http://shiitushouldkno.blogspot.com/ |
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| champhf |
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so all they had to do was pay taxes and chill? this is unaccepteble...the first thing i would have done to this house after it was payed off and renovated would be to sell it. get something i could afford and chill with some cash in the bank.... some people don't deserve a break... |
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--------------- tha hate is strong in here...WOW |
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| jblood |
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YALL R MAKIN ME REALLY MAD RITE NOW. YALL SAYIN DAT DEY STUPID 4 TAKIN OUT A 2ND MORTGAGE B/C DEY WANNA LIVE BEYOND DER MEANS. YALL DONT EVN KNO Y DEY TOOK OUT DA 2ND MORTGAGE. MAYB DEY REALLY NEEDED DA MONEY. YALL DONT KNO SHYT BOUT DEM. N 4 SUMBODY 2 SAY DAT DEY N OTHA PPL R STUPID 4 HAVIN DER HOUSES TAKIN AWAY IZ AN IGNORANT STATEMENT. DO YALL MUHFUCCAS NOT WATCH DA NEWZ? YALL KNO HOW BAD DA ECONOMY IZ. IF A PRODUCER LIKE SCOTT STORCH CAN GET HIS HOME 4CLOSED DEN ANY 1 CAN. N DA FACT DAT DEY MAY OR MAY NOT B BLACK HAS NUTTIN 2 DO WIT IT. N U CAN C JUS HOW BIG DAT HOUSE IZ. IM SURE DA UTILITIES ALONE IZ A BYTCH 2 PAY 4. IF DEY HAV MAD KIDS DATS MAD GROCERIES, IF DEY HAV CARS DATS A LOT OF GAS 2 PAY 4, N SO ON. YALL SO QWIK 2 PUT OUR OWN PPL DOWN. TELL ME HOW MANY OF YALL OWN HOUSES? OR BETTA YET HOW MANY OF YALL PAY UR BILLS ON TYME? YEA DATS WUT I THOUGHT. |
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--------------- IZ IT 2007 OR 2008 MTO? |
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| GODSchile |
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It's sad because there are so many other people that probably needed the assistance of MHE and would have truly appreciated it. What made them think they could pay off a $600,000 debt when they were not able to fix up the house from the beginning?!?!?
I'm sure there will be a clause added to the next contract stating their not allowed to sell or take a mortgage out on the newly renovated home for at least 5 years. |
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| GODSchile |
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typical piggers!! |
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| jblood |
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N ON ANOTHA NOTE YALL TALKIN BOUT O DEY SHULD HAV JUS INVESTED DA MONEY. DA PPL ON DAT SHOW R EITHA POOR OR WORKIN CLASS. SO IF DEY GOT 100 G'S DEY PROBLY NEEDED DAT MONEY RITE AWAY 2 PAY BILLS N OTHA THINGS. SO Y WULD DEY INVEST IT N WAIT A WHILE WEN DEY NEED DA MONEY ASAP? PLUS A LOT OF PPL (NOT JUS BLACK PPL) DONT KNO ABOUT INVESTIN N HOW 2 MANAGE LARGE SUMS OF MONEY. ITS NOT 1 OF THOSE THINGS DAT PPL JUS KNO. I SWEAR PPL ON HERE R WAY 2 JUDGMENTAL. IM SURE YALL LIVES R NOT PERFECT AT ALL. UNLESS YALL R RICH YALL CANT SAY SHYT. |
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--------------- IZ IT 2007 OR 2008 MTO? |
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| lifegroove |
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STUPID MOTHERPHUCKERS!! That what happens when you give ungrateful people things. Trying to live an extravagant lifestyle. Greed has always been people's downfall. |
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| seraphim |
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wow, these comments really made me think, which is rare on this site. I never really thought about this before. I guess in a lot of ways, the house functions like any other game show prize where you have to pay the taxes, but maybe it's even worse with a house, than say a free trip to Aruba, because with the house, the tax payments are recurring and number in the thousands. Plus, you have to worry about insurance payments going up, and if you're already poor, you don't suddenly become rich just because your home gets bigger. Plus we don't know what kind of debt load the family had before their house was made over. If they were already in debt, the new house expenses could have put them further in debt.
Think about it. That family probably wouldn't have gotten their 600K loan, if they couldn't put their "free" Mcmansion house up as collateral, which means that they probably weren't the best candidates for a loan that large anyway. So the lenders share some blame as well, or maybe the bank looked at their credit profile and saw that they were risky prospects, purposely loaned them the money, guessing that they would eventually default, so the bank could seize their house and sell it for market value which is well over the 600K that they loaned the family. |
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| SexyBiFemGirl |
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Thats crazy and thats a nice ass house too. What type of f'ed up shizz is that? |
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--------------- Sexy...can I? |
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| jblood |
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THANK U SERAPHIM. U FINALLY SPOKE SUM TRUTH. DEES DUMB MUHFUCCAS JUS DONT REALIZE HOW HARD IT IZ 2 PAY TAXES N OTHA BILLS. U LIKE DA ONLY OTHA PERSON BESIDES ME DAT UNDASTANDS. |
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--------------- IZ IT 2007 OR 2008 MTO? |
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| danger33055 |
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I dont give a damn what yall talking bout. If the house is paid for and you have 100g's in your pocket theres no way in hell that house should be taken from them. They were greedy, they could pay the utilities and taxes. Its not like they took out a loan for 50 or even 100 thousand, explain to me what the [EXPLETIVE] they need 600 thousand fo? If they took out 50 I can agree with some of you saying that they needed it. It was 600 thousand. Its no excuse for these dumb asses, they owe abc and all the builders that came together to help them. These people suck azz |
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| JaeCe |
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It's simple...they got turned out by having this lavish new home. So they began to think that every aspect of their lives needed a makeover. So they refinance for a idiotic amount and probably proceeded to buy cars, bikes, jewelery playstation 3's, etc...living way above their means. Maybe the should have invested in a small business or some stocks and bonds. There is really no excuse for this in a time when people are not only stuggling to make mortgage payments but are flat out losing their sh*t. SMDH!! |
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--------------- ATL standup!! |
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| richchick |
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The LOVE of money is the root to all kinds of evil!! What a GREEDY family...They were BLESSED w/a 2nd chance and blew it!! stupid is as stupid does... You gamble w/DICE not your LIFE nor where you REST your HEAD!!!!! |
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| kimpeach |
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Scott Storch got his house 4closed because he was living ABOVE his means. Storch had multiple cars, a boat and other toys.
The same thing happened with this family. This family (after the show) purchased two new expensive autos. Why would you do that and you know you have to pay your taxes and other bills? Plus, they used some of that money to finance an already struggling business. I feel bad for them, but they were a little too greedy.
I do agree with seraphim on this point...the banks knew exactly what they were doing when they okayed the 450,000 (the second loan). The first loan was for 150,000, which is why they are 600,000 in debt. |
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--------------- Everything is so peachy! |
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| DISNIGHERE |
|
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LORD PLEASE DON'T LET THESE FOOLS BE ROLLING ON 26 INCH RIMS, TVs IN THE HEADREST, CHROMED OUT GRILLS (CARS AND MOUTH), AND NOW HOMELESS. THAT'S ALL THAT I ASK...AMEN! |
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--------------- ORIGINAL PIPE LAYER |
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| jblood |
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2DAY 100 G'S AINT SHYT. 100 G'S 20 OR MAYB EVN 10 YEARS AGO MEANT SUMTHIN. BUT DA WAY THINGS R 2DAY (INFLATION, ETC) 100 G'S CAN NOT TAKE U AS FAR AS IT USED 2. AGAIN YALL JUS DONT GET IT. |
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--------------- IZ IT 2007 OR 2008 MTO? |
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| navygold2002 |
|
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dailygifts.makemoneywithfreebies.com or either dailygifts.nocashever.com.,as simple as 123,get stuff free, just point and click ,share with others and make money for sharing! 2 free websites included.join today.just log on to the website above.if you have any questions email me navygold2002@aol.com |
| |
--------------- dailygifts.makemoneywithfreebies.com |
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| zokazula |
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FAMILY MUST OF BEEN WHITE BECAUSE I'M SURE IF THEY WHERE BLACK MTO WOULD HAVE GIVEN USE THEIR NAMES AND PICTURES |
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| prettylady23 |
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ay i hope it aint a black family |
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--------------- myspace.com/8crazysteps |
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| webfamous |
|
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KIMPEACH****
Where did you find this info because I am really curious to read about the details of how this happened.
I could understand if they had a mjor medical issue with a family member that was not covered by insurance but outside of something like that, there really is no excuse. That just spells terrible mismanagement of your own personal finances. And as far as the banks go, they are like any other for profit entity....they will try to make a dollar any way they can. |
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| WomanOfACertainAge |
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That's just plain ridiculous! What IDIOTS!! |
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--------------- I know "The Secret".....do you |
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| HUEmanbro |
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Jblood, you sound like a idiot. I bet you would of did the same thing. $100g's may not be a lot to you,but to others it is. Especially in this day of age. People are to greedy and never graceful or thankful for what they got. |
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--------------- http://shiitushouldkno.blogspot.com/ |
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| WomanOfACertainAge |
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Daily Real Estate News | May 22, 2008
'Extreme Makeover' Winners Want Out
Two houses built for the ABC television show "Extreme Makeover: Home Edition" are up for sale after the owners received them in heart-warming episodes.
Eric Hebert of Sandpoint, Idaho, says maintaining the 3,600-square-foot home he received is too expensive and time-consuming.
The house and its one-acre property are listed for sale for $529,000. Hebert also owns other two acres adjacent to the home and has listed that property for $160,000.
Meanwhile, in Pennsauken, N. J., a home built for Victor Marrero and his struggling family is for sale for $499,000.
Marrero says the combination of federal and state income taxes, plus property taxes, will cost him more than $60,000 and he can’t pay it. “Extreme Makeover” officials maintain that the company has consulted with tax experts and found a way around most of the tax bills.
Source: Associated Press (05/21/2008) |
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--------------- I know "The Secret".....do you |
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| jade516 |
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THEY DESERVE TO HAVE HOME TAKEN AWAY FOR DISPLAYING SUCH STUPIDITY.
DID THEY THINK THE BANK WAS GOING TO FOREGO REPAYMENT OF THE CASH THEY GAVE THEM????? |
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| hellokitty19131 |
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that's messed up! just don't blow your head off like that woman in Massachusetts did. |
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| ImRtUrWrg |
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Hey, that's my neck of the woods! I'm going to have to try and bid on that house... |
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| ImRtUrWrg |
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jblood
Next time you try to make an intelligent post, PLEASE refrain from typing in ebonics. My eyes hurt just by trying to figure out what the hell you were saying! SMDH DO BETTER! |
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| Belle7 |
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This is rediculous and shameful...they deserve what's coming to them! |
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--------------- Who gives a Phuck! |
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| cymone244 |
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NOW THAT'S JUST BAD MONEY MANAGEMENT |
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| cymone244 |
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A FOOL AND HIS MONEY SHALL DEPART |
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| SouthernSpoken |
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What are they, a family of crackheads!?! WTF did they do with all that money? What type of investments were they making? SMDH |
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--------------- Did someone say Makeup Artist??? |
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| Deezel44 |
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THIS STORY IS NOT TRUE. THE OWNERS KIDS HAVE ALL GROWN UP AND LEFT THE HOUSE AND NOW ITS TOO BIG FOR THEM. THEY ARE DOWN SIZING. THE HOUSE IS NOT IN MORROW, I HAVE TOURED IT. |
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| classy790 |
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It's a lot harder to maintain a home than everyone things! The Harper family bought that land all the way from Brooklyn, NY, where they are from (yes, they are black!)It was on a marsh so they would literally have [EXPLETIVE] floating around in their house. Then they started taking refuge out of their minivan (5 of them)until that was in an accident. When they bought this house the cost was low. When Makeover came in and fixed the land, built that huge house and paid the mortgage, what they didn't realize was that the property value sky rocketed causing the insurance and tax to probably quadruple. Keep in mind that when they build these homes as conservative as they try to be with utilities, electricity for a house that size could be as much as $500 a month and imagine what it costs to heat that bad boy (up to $1000 p/winter month)...Unless you're a home owner in this market you would not understand! Maybe they could have made better decisions, but I wish them the best...they'll probably be better off getting it back and selling it themselves. |
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| ladycnell |
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sad indeed, just sad |
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--------------- The Lady |
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| retro_miss |
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Gimme got Shot. |
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--------------- [omega] |
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| kqueenbee2 |
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That's what the f*ck they get for being greedy! Why the hell would you take out another mortgage in that amount on an already paid off home that's already been renovated?! GREED!!!!!! |
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| Ura |
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VISIT WWW.UR-TREND.COM FOR EXCLUSIVE BAGS AND WATCHES!!!!! |
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| eightysbaby |
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greedy...why take 600,000 out an now damn well
u cant py it back..probably bought new cars and who knows what else..livig beyond their means |
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--------------- www.myspace.com/mizchampion |
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| Mz_Doagae |
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@ImRtUrWrg Flag post
jblood
Next time you try to make an intelligent post, PLEASE refrain from typing in ebonics. My eyes hurt just by trying to figure out what the hell you were saying! SMDH DO BETTER!
*************************************************
I'm co-signing on this....man, I know you have to be grown why must you portray yourself as being so fukking ignorant? And doesn't it take a lot more effort to type that shyt than to just do it correctly??? Grow up...and on top of all of that foolish typing you ain't even saying nothing worth shyt!
@ Deezel44
Where did you get this information from? Your azz? This is all over the internet! When you see the letters AP (Associated Press) next to a story you can pretty much believe it for what it is....Moron |
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--------------- I only got 3 people in my FAVEfive... |
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| YepIsaidit |
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Jeez, I remember the show when they built that house. These people are too damn stupid. You get a no mortgage house and you put two mortgages against it.
It really shows that with extreme home makeover they should have extreme personal finances training.
Many of these people get into the situation of needing a new home in the first place because they don't know how to handle money or don't have jobs to properly support themselves. It was only time before some of these people started losing these houses. |
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| eightysbaby |
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typo correction
living beyond their means
my bad |
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--------------- www.myspace.com/mizchampion |
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| j |
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thats not [EXPLETIVE] up thats wut happens when u be greedy if u already own a house and gott 100g in cash wut the [EXPLETIVE] else could u want for how could u not do something with the money that is going to make you more money pure greed and stupidity |
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--------------- www.myspace.com/mzjazzyb2u |
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| Shakim30013 |
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'Extreme Makeover' home in Atlanta in foreclosure
Family may lose luxury remodeled home in Clayton County
By STAFF REPORT
accessAtlanta
Published on: 07/25/2008
From extreme makeover to extreme foreclosure?
The Lake City home has 5,500 square feet after the 2005 makeover.
A Clayton County family that got the Atlanta area's first luxury remodeling job from the television show "Extreme Makeover: Home Edition" now faces foreclosure, according to television news reports.
A foreclosure notice on the home in Lake City appeared last Friday, indicating that a $450,000 second mortgage the owners took out less than 15 months ago was in default, WSB-TV reported.
Patricia Harper, the homeowner, told WSB she and her husband had struck a deal with Chase Home Finance to rescue their "extreme" home and that there will be no foreclosure auction. Chase said they couldn't confirm that claim.
Harper told WSB they invested the loan proceeds in a construction business and the business hasn't been good. She didn't say how much of the money is left.
The home at 5489 Ahyoka Dr. has 5,500 square feet after the 2005 makeover, WGCL CBS46 reported.
Lake City mayor Willie Oswalt was among the volunteers who helped build Harper's home 3 1/2 years ago, and Beazer Homes was the main sponsor. The mayor told WSB he is baffled.
"Beazer gave them $100,000 cash, paid their mortgage off and they still can't make it," said Oswalt.
Link to story.
http://www.accessatlanta.com/entertainment/content/entertainment/tv/stories/2008/07/25/extreme_makeover_foreclosure.html?cxntlid=homepage_tab_newstab
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| Shakim30013 |
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Deezel44 said:
THIS STORY IS NOT TRUE. THE OWNERS KIDS HAVE ALL GROWN UP AND LEFT THE HOUSE AND NOW ITS TOO BIG FOR THEM. THEY ARE DOWN SIZING. THE HOUSE IS NOT IN MORROW, I HAVE TOURED IT.
[SPAM][SPAM]_____________
The story is very true. I read about the story this morning in the Atlanta Journal Constitution. The only part of the Mediatakeout story that is not true is the county the family live in , they live in Clayton County.
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| cybergyra |
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This is why I don't believe in hand outs. Some things must be earned to be appreciated and well-managed. What a waste!!! |
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--------------- Don‘t hate. Just emulate! |
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| focus |
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Some families still have property taxes to pay and in some areas that is high. An EM family in Camden, NJ was about to lose their home too. It looks wonderful and people cry in the beginning but then they realize they still have utlilities, property taxes, you name it. The show should make it mandatory for these people to attend a finance class so they'll learn how to save their money. Receiving $100,000 will pay property taxes for quite some time but not if you go and blow it on clothes and extravagances.
How can you give something FREE to someone who either doesn't know how to manage their money, has never been taught anything about finances or they don't care?
I can't believe this family took out another mortgage on this house. Taking out a $600,000 mortgage is inexcusable!!! They ought to be shamed. No one should do another free anything for them.
Just like the some of the crooks who took free stuff and were not part of Hurrican Katrina, people will not want to do anything for people too much longer. |
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| LovelyLibra01 |
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@ Jblood, you are a Bufoon... Shut the hell up with that niggetry!
I agree with the poster that said the show should have given them some mentoring or money management counseling, it might have helped these people, they may not have been in the mind set to be able to maintain this gift they were given.
But excuse my language...fyuck the dumb ish, when you are given an opportunity like that you do what you have to do to get by, and survive. If that means, turning your thermostats down, using extra blankets as to not use the heater as much or shopping with coupons and checking sales adds, saving, tightening your belt or getting a second job then that is what you have to do. Instead of driving a Benz, drive a Honda, (a paid for Honda). Instead of rocking the Coach or Louie bags, take your butt down to Nine West and call it a day. Shop, spend and save responsibly. You can see when trouble is coming, foreclosure doesn't happen overnight sooo if they saw it coming after taking the 1st smaller loan out and were unable to repay it, thats when they should have considered selling the property or shoot getting like hispanic folks and renting out a room or two to get that extra $$ coming in, I believe the bank knew what they were doing, lots of companies are under investigation for predatory lending and giving people loans who they knew did not qualify, but that won't help them now...
Bottom line: AS long as I have these two working hands and two working legs, I will do what has to be done to provide stability and maintain it. Where there is a will there is a way...
And before some ignant ass comes at me talking slick... I CAN speak on this because I am that female that busts her butt, went back to school as an adult, provides for my family and managed to scrimp and save in order to buy some property it may not be as lavish as the one in the pictures but I own it.
I don't know the particulars of their situation, but I do know that as long as I have been on my own paying rent and now mortgage, that is the first thing to be paid, EVERY MONTH... If I have to eat ramen noodles and hamburger meat by candle light, then thats what I will do but I will pay for the walls I live in..
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--------------- Keepin it Gangsta since 1979 |
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| TastylikePastry |
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*speechless* |
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--------------- If I was you I‘d hate me too!! |
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| princedarrell |
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they went thru 100g's in 3 years and they didnt have no house note...they need they asses whooped! |
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| jaysbaby |
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I saw this episode.. It was a biracial family.. Dad was black, Mom is spanish or white, with 3 sons... Their old house had a nasty sewage problem... They were also given a brand new Ford Taurus as well... this is a damn shame, all I can say! God giveth, and He can certainly taketh away! |
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| jaysbaby |
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They should have sold the house, bought a smaller and much more inexpensive house (under $100,000), then invested in their business with enough money saved in the bank...but then again, they probably would have screwed that up too, this is sad and totally embarrassing!
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| TiffanyXposed |
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AND THE MORAL OF THE STORY IS ....GREED.
NO MATTER HOW MUCH SOME ARE BLESSED WITH IT'S NEVER ENOUGH FOR THEM.
AND NOW THEY LOSE IT ALL |
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--------------- THIS is what I signed up for |
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| champhf |
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@jblood
I can't understand what you’re trying to say because it's messing with my eyes. But from what I can make out your saying is: us ignorant people would not understand what happened to them because YOU’RE the only one that owns anything on this site? So unless we own property or anything of value then we would not understand property taxes or making monthly payments on something like gas bills or car notes etc?
The truth is they should have sold the house as soon as they got it made over and moved into something they could manage.
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--------------- tha hate is strong in here...WOW |
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| CafeNoWhipMocha |
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I don't know which is worse, this story, or the one below (see attached link) about the church couple who took in an orphaned family in their church. Extreme Makeover Home Edition rebuilt the couples home to accomodate the additional children and paid off the mortgage. Once the home was built, complete with 9 bedrooms (yes, each child got their own room) the couple kicked the orphaned kids out. They are now going to court. Here is the link:
http://blogcritics.org/archives/2006/06/29/154502.php |
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| Bfresco |
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•www.frescodaily.blogspot.com
The source for Urban Pop Culture. Blending the Dopest in Fashion, Music, Entertainment and more.
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| papamurf |
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Foreclosures dont just happen. You know its coming.
I cant understand why they would take out a 600,000 loan to finance an already struggling business. Especially if they already got 100,000 from the show. They were having a hard time paying the bills before the loan. Did they think their business was gonna turn around overnight?
I promise you they didnt use all that money for their business. Theres probably some brand new TV's in that house. Maybe some new furniture. A few cars.
Let say this. I lived in Atlanta for 6 years. That area is full of people living beyond their means. A bunch of "house broke" niccas walking around. Its suppose to be the black mecca, so everyone is competing with each other. Not everyone there is like that, but many are. I know one of the counties there lead the country in the number of forclosed homes, 2 years ago. |
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--------------- Go get your GED and step yo game up |
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| mommydrea84 |
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They could have had major medical bills. Most of the families on that show had a family member with a medical condition. Medical bills get outta line, especially if they had no insurance.
You can't tell these people that they should be ashamed............you don't know what they are going through. |
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| LovelyLibra01 |
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Exactly @ papamurf...
What the heck were they thinking?? I can't imagine what they did with all that money and how they got in that predicament. I know the cost of living is way less in Atlanta than it is here in CA so $$$ should go further there. Borrowing $600,000 is totally excessive! |
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--------------- Keepin it Gangsta since 1979 |
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| jejejo |
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This is a very sad situation. Life is hard on all of us, but without the knowledge of financial management, we are doomed to keep making the same mistakes over and over again. Someone should have sat down with them and help them make a plan because free gifts don't change thought patterns. I pray that wisdom comes to them for their future endeavors and other families dealing with the same unfortunate circumstances. |
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| HaitianLibra |
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LOOK AT WHAT I FOUND :
'Extreme Makeover' house in foreclosure
Clayton County family may lose luxury remodeled home in Lake City
By STAFF REPORT
accessAtlanta
Published on: 07/25/2008
From extreme makeover to extreme foreclosure?
A Clayton County family that got the area's first luxury remodeling job from the television show "Extreme Makeover: Home Edition" now faces foreclosure, according to television news reports.
A foreclosure notice on the home in Lake City appeared last Friday, indicating that a $450,000 second mortgage the owners took out less than 15 months ago was in default, WSB-TV reported.
Patricia Harper, the homeowner, told WSB she and her husband had struck a deal with Chase Home Finance to rescue their "extreme" home and that there will be no foreclosure auction. Chase said they couldn't confirm that claim.
Harper told WSB they invested the loan proceeds in a construction business and the business hasn't been good. She didn't say how much of the money is left.
The home at 5489 Ahyoka Dr. has 5,500 square feet after the 2005 makeover, WGCL CBS46 reported.
Lake City mayor Willie Oswalt was among the volunteers who helped build Harper's home 3 1/2 years ago, and Beazer Homes was the main sponsor. The mayor told WSB he is baffled.
"Beazer gave them $100,000 cash, paid their mortgage off and they still can't make it," said Oswalt.
STAFF / AJC
Patricia and Milton Harper face foreclosure on their 'Extreme Makeover' home.
STAFF / AJC
The Lake City home has 5,500 square feet after the 2005 makeover |
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--------------- BackUp...You‘re foggin my hater blockers |
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| PRDBLKSIS |
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THEY ARE STUPID!!!! This shows you can't GIVE A MAN A FIST to feed him You must TEACH HIM TO FISH so that he can eat every day. IDIOTS IDIOTS |
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| shey02 |
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Once again people we all don't know the facts. I work @ Forest Park High school which is across the street from the house. It's in clayton county and in the city of morrow. they did not go out splurging on cars and everything inside the house was new so no need to buy furniture. What happened was unfortunate (business venture gone bad). these are my people. I teach the kids in this area and they are NOT all of what some of you are trying to make it seem. This does give us a reality check on money management and making sure you have thought about every aspect of a business venture before you make one. |
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| Bhuddaflii |
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yah they are stupid. poor money management and greed. if they needed the money that damn bad, then they should have SOLD the house and purchased a smaller one that they could afford to maintain (thus turning a profit), hired a business advisor to do a feasibility study on the "construction" business, and they woulda known damn well that that was a bad idea. hello! the housing slump actually started over a year ago and any business advisor with a brain coulda told them that construction was not the way to go. when you want to start a business, it isn't about what YOU want, its about what there is a MARKET for... i agree PRDBLKSIS...IDIOTS IDIOTS
another thing... do these people have a damn job? food, utilities, taxes, etc. aint jack to pay (if they got the smaller house i suggested above). so that is no EXCUSE... |
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--------------- It‘s Bhudda, baby... |
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| nunya_bizness |
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Odd looking house ... they should have sold it and kept the money. Maybe that's what they did and this foreclosure crap is a coverup! |
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--------------- http://rubyspirit.etsy.com |
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| SouthernGul |
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Wow! What in the hell were they doing? |
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--------------- And what? |
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| THE_DEFENDER |
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LAST NIGHT ON THE NEWS SHE SAID SHE WAS BEING HARASSED SO SHE DECIDED TO MOVE.
SHE SAID THAT IF YOU SHOW UP FOR THE AUCTION YOU WILL NOT SEE HER HOUSE AUCTION OFF.
SHE MENTION THAT THEY INVESTED IN CONSTRUCTION COMPANY. |
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| zsnj2001 |
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Milton and Patricia Harper of Lake City. The Harpers used the house at 5489 Ahyoka Drive as collateral for a $450,000 loan. The four-bedroom house with decorative rock walls and a three-car garage including scholarships for the three Harper children and a home maintenance fund,tax paid up for 25 years, completely furnished,and a new car. Now damn how can you lose a house that is payed for and no taxes for 25 years. This dumb [EXPLETIVE] make us once again look bad as black folks. Ni&&a's will Fu(k up a wet dream. They need to move out of the fu(ken state of georgia dumb Fu(ks!!!!!!! they need to quite smoking that crack |
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| jlove56 |
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They had a free $600,000 home plus $100,000 free cash and they took out a second mortgage? How dumb can one be? I really hope they have a good explanation for this but I really can't see one. Thats just being greedy. |
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--------------- Internet thugs....They run amok. |
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| zsnj2001 |
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This is a hot ghetto mess! Sorry Shai02 you cant take up for them. These MOFO are just the dumbest N's ever; people who are working hard and working two jobs are losing their homes and these MOFO lose a house that is PAID for. kick rocks harpers. yall N's suck |
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| Atlman |
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They had too many BBQ’s |
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| hiphopcloset |
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Let this be a lesson to everyone getting money is not the answer to everything. They obviously needed financial and business counseling. What I don't understand is why Extreme Home Makeover doesn't build rental units into these properties to cover some of the home expenses.
check out www.hiphopcloset.com |
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| ConeyiSlandDiva |
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I know this family personally,ive stayed in the home and everything... They are originally from coney island brooklyn and moved down to GA they are a bunch of good people Yes they are a black family! they r not crackheads or whateve |