Free Ebook.

Enter your email address:

Delivered by FeedBurner

« Community College Seems Like a Smart Option to Me | Main | Seven Tips for Job Hunters »

September 10, 2009


Feed You can follow this conversation by subscribing to the comment feed for this post.

I think extreme makeover street edition would make for much better TV, especially if they made reasonable homes with extremely low maintenance costs (IE, Geothermal and solar heating systems, solar hot water with demand hot water heating, local low maintenance landscaping, drought resistant lawns, low maintenance siding, metal roofing, solid construction, etc.)

It would be educational, practical, and would feel good too.

"How about simply going into a community and building five to ten homes for needy people? I guess that doesn't make for good TV."

ding, ding, ding! we have a winner!

Habitat for Humanity used to be like this, but even they have turned to corporate sponsership and are always looking for media attention. That being said, H4H is a pretty good program.

I'm floored most by the $405,000 HE loan on the house. That is a huge amount of money!

The house was "given" to them. No way their existing mortgage could have been that much (even in the bad old days a few years ago, unemployed people were not given mega-mortgages like that). It's also inconceivable that they needed that amount of cash just to pay the utility bills.

So, where did the money go?

Not sobbing over the plight of these folks, frankly.

how about building reasonably sized and really energy efficient houses with geothermal and/or solar systems instead of wasting money on shitty mcmansions with giant, unnecessary rooms and granite counter tops.

my problem with the show has always been that it reinforces all the bad ideas of what a house should be.

That is so sad. It's too bad that the houses made on this show can't be done in a way that would leave the family with low utility costs and minimal maintenance. They should really consider investing in more energy efficient appliances and architecture. Not only would this make owning the home more affordable for families, it would make the houses easier to sell if they ever wanted/needed to move. It seems like this should be the focus, not all of those frivolous amenities added just to get a good gasp when they walk in the door.

Did I read the original article correctly? They recently "added" a seventh child. Hello???

OK, for the record, the show recently did a house 20 minutes from where I live. They have finally started to learn from their mistakes. The house is super efficient and green. It is TINY compared to most of the houses they have built. There was a wind turbine put in to provide electricity. This home will be their 2 hour season premiere this year. It is outside of Superior Wisconsin. Hopefully it doesn't turn out to be one of these stories.

Sounds like they'll still have a huge amount of "winnings" left over after (eventually) selling the house and paying off the loan (even if the proceeds of the loan are all gone). Here's to handling what's left better. (none of us are very hopeful of that, are we?)

Wonder if any of the madeover homeowners ever just sold their home (before draining the equity) and retired off of it? Just stinks to see a truck driver who once owned a $1.8 million debt free asset and who has back problems call himself "unemployed" instead of "retired"...


The comments to this entry are closed.

Start a Blog


  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. All posts are © 2005-2012, Free Money Finance.