Wednesday, July 7, 2010

How can the families afford their new luxury home on ABC's Extreme Home Makeover?

Since I saw the first episode of Extreme Home Makeover, I have often wondered how a family can afford their new luxury home that is now worth over a Million dollars -- how can they afford the upkeep, utilities and taxes? Does ABC also give the families new six-figure income jobs, as well??How can the families afford their new luxury home on ABC's Extreme Home Makeover?
I thought they usually do pay off the mortgage. If so, that is the largest portion of bills so if that is paid off, their total amount of bills goes down significantly even if utilities and taxes go up.How can the families afford their new luxury home on ABC's Extreme Home Makeover?
ahh i was wondering the same thing .... they gave the lady a 50,000 dollar check tonight and they usually pay off the mortgage but seriously now utilities are going to be like 5 times what they were before and they could barely afford that. How do they afford it now?
something I have wondered about for years I'm sure that the property adjuster for the communities don't take long to make an inspection also how do they get the permits and building inspections done so quick most times we would have to wait for days to have an inspector come by to OK things?????
Property tax is typically limited on the amount it can increase per year, so they've no need to worry about that increase. The upgrades were paid for by ABC sponsors. If size is increased, electricity/heating oil might be a bit more expensive, but not that much more. Upkeep on new items is not that high in the first few years, so that's not a concern either. Even after several years, the cost in upkeep would not be that much greater than they were already paying on the unremodeled home.
When you don't have a mortgage payment, that opens up a lot more cash for utilities, taxes, and maintenance.
most or all the upgrades and improvements are paid for by the sponsors and labor is generally donated, I have seen episodes where the mortgage was paid for by some group or union.





The family should be able to maintain with the income they had used before. It should be easier with no mortgage.
There was an episode of the show in my hometown.





There were twin girls with cancer and werent able to live at home because of the unclean air. (they lived in a run-down trailer) they were given a new home with air filters, etc. so they could live a close-to-normal life.





If i understood right, they were give something like 10,000 dollars, a new car, all hospital bills paid, free groceries and gas from heb for a year, and some or all of their taxes paid.








the families get tonsssss of benefits.





But they DESERVE it :)

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