It was very sad news to hear that a family who was blessed ot be chosen to receive a new home from ABC's Extreme Home Makeover, made a series of poor decisions resulting in a pending foreclosure.
I don't beleive that they should have been allowed to take out such a large mortgage against a home that was given to them. Perhaps Extreme Home Makeover will now put some sort of deed restriction on the homes - and they should be able to do this.
I sincerely pray that this is not going to be an epidemic. Those folks so such great work, and most of the people I do not beleive would ever squander their finances the way this family has.
You can read the full story here.
I read about this today. What would possess them to do such a thing. Here was a gift fro their family and they threw it all away.
This really does go to show you that you have to change the behaviours that get people in trouble to begin with. It's like debt consolidation. For some people, it just opens the door to even more debt. You have to change the mindset.