Celebrity Financial Woes

From the top of the heap to the bottom of the barrel. If you thought celebrities were immune to the economic crisis, think again. According to reports, American Idol winner Fantasia Barrino has become another victim of the tanking housing market. News reports say one of the Charlotte, North Carolina homes owned by the singer is being auctioned off to reimburse a loan that was used to pay her taxes. Broward Energy Partners reportedly agreed to pay more than $68,000 of the award-winning singer’s taxes in 2006, but now they say they have not been fully compensated. Execs with the … Continue reading

Extreme Makeover House Foreclosure

ABC’s Extreme Makeover television show is popular with viewers because it can really change people’s lives. The show works with local volunteers to rebuild homes for deserving families and even raise money to give them a way to maintain those homes. Sometimes money is even raised for other expenses to ensure that the family gets a good start in their new life. One such home, the largest ever built by the Extreme Makeover team is now facing foreclosure due to bad choices made by the family who received the home. Apparently, the home, which cost $450,000 to build was put … Continue reading

Update on Extreme Makeover – (Accessible) Home Edition

Here’s a little update on the house in Bergenfield NJ which will be featured this July in a special 2 hour Extreme Makeover Home Edition. The family has received a charitable gift of $150,000 from the Pinnacle Foundation to cover the increased costs of property taxes for five years, assist with mortgage payments, and to fund the education of their children. Pinnacle Companies built the new house, which is a showpiece of technology that enables people with disabilities to lead comfortable lives. The technology goes beyond mere adaptations and accessibility, it has applications for everyone. The house shows that when … Continue reading