If you've been watching HGTV in the past few years, you may have become seduced by its lavish renovations and tales of real estate riches. You may have decided to stretch your budget to buy your own overpriced house. And you may now, like the contestants on HGTV's newest reality show, wish you had a little cash to get out of the hole. Say, a quarter-million bucks.
HGTV's $250,000 Challenge, debuting May 31, is set in housing-busted Sherman Oaks, Calif., where five families compete in a home-renovation contest to win the titular sum. One family sank everything into a home it...
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