If you do not follow the show Extreme Home Makeover it is one of the most heartwarming things on television. A family in financial trouble and living typically in squalor has the ABC crew come in and work with thousands of volunteers to build a home in one week.
That is why it is so tough to see that one of the recipients of the communities largess put their home on the market albeit if it was only for one day. The homeowner was given 60,000 dollars to cover the maintenance costs of the home when they got the keys but says the money is all gone.
Unfortunately this is not too surprising. Basic money skills are not that common for folks living on the edge. The producers of ABC should use some of the power of the show to send these folks to school to learn to handle money instead of a trip to Disney World when they build them the house.
As you often see with pro athletes who are broke in only a few years after getting the monster contract, managing ones resources is hard. Education for these families can help avoid the poor publicity Extreme Home Makeover is getting from episodes like this.
Victor Marrero, the owner of the 3,000-square-foot, four-bedroom house pulled it off the market a day after it was listed by a real estate agent on the Multiple Listing Service, or MLS. On Tuesday, Zip Realty removed a lockbox from the home and temporarily suspended the listing, also at Marrero’s request.
Even if the house were still on the market, prospective buyers would have to line up behind Urban Promise Ministries, which has right of first refusal on the property at 3723 Federal St.
During a televised interview, Marrero said he tried to sell the home because it was too costly to maintain. He also said the nearly $60,000 worth of donations the family received during the Extreme Makeover build was gone. via Asbury Park Press.