UPDATE: The Wall Street Journal is reporting the lender may be close to a “work out” with the owners to save the home from foreclosure…
A home showcased on ABC’s popular show “Extreme Makeover” three years ago is facing foreclosure.
1,800 people chipped in sweat equity to raze an existing home and replace it with a “mini-mansion” in 2005.
That very home hits the courthouse steps on Aug 5 after the Harper family used the home as collateral for a $450,000 loan to start a construction business that failed.
The worker bees that built the home are none-too-pleased.
UPDATE: Here is a GREAT post by Atlanta area agent Doug Quance — (this home is in the Atlanta area) with much more detail than you’ll find in the mainstream media reports. Read it!