Mortgage/Forclosure and renovation help

[Joshua Givens]

Ok,Im new to doing any type of renovation work (1 year),and very little knowledge about mortgage and forclosure,but a friend of mine is behind on his mortgage,and his house is going to be forclosed on very soon.I dont know the exact numbers or time,but hes at the point he dont think it can be saved...but,We have alot of materials to pretty much renovate the whole house,install a hot tub,complete landscaping,and turn the big basement into an apartment itself,including cabinents,sinks,bathroom, add a bedroom,everything....would all that help increase the value,take money off what he owes,or help in anyway whatsoever,to catch up on what is owed by increasing the value of the house? maybe possibly enough to stop him from getting forclosed on?..any advice on input would be appreciated.