But in those communities that have the group sales get mega traffic because of
them. An ongoing sale yields little. And it's a more desirable neighborhood that
restricts them further bringing in bargain hunters.You can't live in
a home being fixed up. Likely the home will be built similar to the other homes
there, so not to skew the home values of the area.The problem is the
property taxes on the improved home and the gift taxes from the
"gift". The show has instructed to just take out a home equity loan.
Which is 2006 was a great deal, huh? They'd add on big screens, electronics,
cars. The show has gotten a little more down to earth, thankfully. It really
wasn't the poor choices of the homeowners. My own home is worth the exact same
from the accessor's office as it did when I bought it 9 years ago, but I'm
paying 2K more in property taxes. Also they likely had an existing mortgage on
the home torn down.
Best wishes for this family. I'm sure they will appreciate the new home and
neighbors there. There are great people living in Daybreak. I also hope that
their HOA fees will be paid for by either the builder, Kennecott, or other
donor. People in Daybreak pay a minimum of $100/month in HOA fees. Those in
townhouses pay around $200/month. This will be a big burden on this family if
they have to pay it themselves. Someone mentioned that this family has yard
sales to raise money for medical bills. In Daybreak, you cannot have yard sales
except for the one or two designated times a year. Then, they request that you
pay them (the HOA) $20 to participate in the yard sale, even if it's at your own
home. Not trying to be negative, but that's reality. Best of luck to this
family, and congrats on the positive things that are happening right now!
I do find it interesting that they are moving the family across the valley to a
completely different home instead of fixing up the home they currently live
in.I think it is great. I live not to very far from the home that the
family currently lives in. This family has yard sales all the time to help pay
for the medical expense. I wish them the best of luck!
BobP, I love the show, and I am touched by the stories, but I do agree that the
homes are sometimes a bit "extreme". I have no problem making them
more spacious then what they had before, but they could save some costs, I like
when they go and help fix up the neighborhood. I live in MO and the two
baseball teams, St Louis and Kansas, played a game and did a fund raiser for
Joplin MO. I understand that one million dollars was raised, that will do a
lot, but there is no way that it will come close to making much of a dent. But
hopefully it will be evenly distributed.
I watch the show every week and I say to myself, I wish someone would do that
for me. Best of luck with your new home and hope you enjoy it.
A lot of sour grapes are being tasted here today. Four out of five.
Often with these huge luxurious makeovers, with 4 and 5 big screens and twice
the square footage etc, the family is then forced to pay much higher property
taxes, and it drives up the assessment of the neighborhood. I like the fact
that they have toned down the improvements.I truly think their heart
is in the right place, but it would be cool if it weren't a TV show, out there
showing how great and generous they are. But then they wouldn't have the
funding from their sponsors, free appliances from Sears, etc....
It would be great if there were more groups that just did repairs and updates on
existing homes. Once in a while I read of such groups in the news. With the
downturn in the economy, many people who had money saved to do repairs lost
their savings. It is expensive to fix plumbing and electrical problems in a
home. Those who are above the poverty level don't qualify for special
government programs.I hope this family does their homework on how to
maintain and repair a home. Also, how to budget. I hope they find a good
donor for the needed medical problems.
@Raybies, I agree. But I did read several months ago that they were going to
start toning down the homes a bit as too many of the people who have been given
homes have made some very poor choices afterward and lost their homes thru
foreclosure. I think it would be better to put the homes in some sort of a
trust for a few years and have someone watching over the home, teaching the
family how to take care of it, not allow the family to borrow against it, etc.
It takes a while to adjust to a huge lifestyle change and just handing over the
keys from day one hasn't worked that well for some of the families.
I tried to watch this show, but honestly with all the weeping and the
"extreme" elements--it just seems overly indulgent and contrived to
jerk your emotional response, but in a nonsensical way. It just seems
unsustainable. More impressive would be a charitable organization that helps
hundreds rather than giving some huge luxury buildout to a single person who may
or may not even have the means for upkeep.
In the midst of a world full of hate, evil, and corruption, it's extremely
gratifying and refreshing to know that there's also much kindness, love, and
compassion in the hearts of many around us. Thank you for sharing this. God
bless that young boy and his family, and also all those wonderful folks who are
making a difference in their lives!