Celebs in real estate and financial trouble

NEW -> Contingent Buyer Assistance Program
$2 million dollar real estate loss...and running out of money?  "S.O.S." (2006)

http://www.dailymail.co.uk/news/article-2558530/Rihanna-sues-accountant-bad-advice-led-squandering-9m-ONE-YEAR.html

Rihanna sues accountant over bad advice which led to her 'squandering $9m in ONE YEAR - including $7.5m on a moldy Beverly Hills mansion'

The Barbadian singer, real name Robyn Fenty, was left 'effectively bankrupt' at the end of 2009
The 25-year-old, who now worth $43m, claims accountant told her she could afford to purchase the home when she was running out of cash
 
I don't know if they were ever in trouble but the house is kindda a celeb....

http://www.dailymail.co.uk/news/article-2564971/Luxury-glass-house-cult-classic-Ferris-Bueller-finally-sells-FOUR-years-market.html

Luxury glass house from 80s cult classic Ferris Bueller?s Day Off finally sells for $1.25 million after FOUR years on the market

House in Illinois used as home of Bueller's best friend Cameron
Featured in famous scene where Cameron sends father's beloved Ferrari through glass window into ravine below

House has been owned by Ben and Frances Rose in 1953
 
As predictable as the sun rising in the east....

http://www.dailymail.co.uk/tvshowbiz/article-2570124/Joanna-Krupa-lose-home-foreclosure-owes-fortune-mortgage-payments.html

Real Housewives star Joanna Krupa 'may lose her house at auction' after 'owing a fortune in mortgage payments'

She might live in a grand Encino home in the state of California, but Real Housewives Of Miami star, Joanna Krupa, might be about to lose it all.


The 34-year-old has reportedly run into financial trouble and according to TMZ, her home is reportedly now at risk because she 'owes a fortune in back mortgage'.


A bank has filed foreclosure documents, which TMZ claim to have obtained, which notify her that her home is 'going up for auction, because she's failed to pay nearly $725,000 she owes.'

 
This one is a lot more serious than just losing their house. 

"Real Housewives of New Jersey" stars Teresa and Joe Giudice have learned that cheaters never prosper, pleading guilty to multiple fraud charges in Newark Federal Court on Tuesday, March 4, reports Us Weekly.

Initially indicted on a total of 41 criminal counts last year, Teresa pled guilty to four counts including conspiracy to commit wire fraud and bankruptcy fraud, while Joe pled guilty to the same counts as his wife, plus one count of failure to file tax returns, as part of a plea deal, according to TMZ.

The couple, parents to four girls under the age of 14, could be looking at serious jail time for their crimes. Despite the fact that Joe faces a potential sentence of 37 to 46 months in jail, with Teresa facing 21 to 27 months, the couple appeared "composed," according to NJ.com.
Click to expand...
http://www.huffingtonpost.com/2014/03/04/teresa-giudice-joe-giudice-guilty-fraud_n_4897238.html

I would probably say that they get like 6 months in jail and 5 years probation.  They wouldn't have pled guilty unless they got a deal.
 
Judge Dredd says "PAY UP!!" Rico cries "victim"

http://www.dailymail.co.uk/news/article-2574943/Armand-Assante-desperate-bid-stop-foreclosure-3-5m-horse-farm-claims-hes-victim-predatory-lending.html

Armand Assante in desperate bid to stop foreclosure on his $3.5m horse farm and claims he's a victim of predatory lending

The 64-year-old star of 'Judge Dredd' wants to prevent his Campbell Hall, New York, estate from being auctioned off in May

Blames Eastern Savings Bank of using fraudulent methods to increase his interest rate

Divorced father of two filed for bankruptcy protection in 2011

Karen Assante, the actor's ex-wife, sued him for $1.8million in unpaid matrimonial support

 
That is a record for fastest reality show star to foreclosure I have seen since Screach lost his home....

http://www.dailymail.co.uk/news/article-2613364/EXCLUSIVE-Todd-Chrisley-kicked-curb-Bankrupt-reality-star-set-swap-nine-bedroom-Georgia-mansion-two-bedroom-condo-court-gives-bank-green-light-foreclose.html

EXCLUSIVE: Todd Chrisley kicked to the curb! Bankrupt reality star set to swap nine-bedroom Georgia mansion for two-bedroom condo as court gives bank the green light to foreclose

Court documents obtained by MailOnline reveal the bank has been granted permission to repossess the house where the Chrisley Knows Best star lives with wife, five children and two grandkids

The only property Chrisley owns outright is a two-bedroom, two-bathroom CONDO in Atlanta
Todd filed for bankruptcy in 2012 but the house will no longer be protected from the law
The house was put on the market for $2.4 million in March

Todd bragged that the family spends upwards of $300,000 a year on shopping sprees but court records shows he's $49 MILLION in debt
 
He has four movies in post. You'd think he could make his mortgage payments.

http://www.dailymail.co.uk/news/article-2642092/Judge-rules-against-Burt-Reynolds-foreclosure-12-500-square-foot-Florida-home.html

Judge rules against Burt Reynolds on foreclosure of his 12,500 square foot Florida home

A judge has turned down actor Burt Reynolds' request to throw out a foreclosure on his Florida home.

A Martin County judge ruled in favor of Bank of America on Tuesday, allowing the foreclosure lawsuit to proceed.

Scripps Treasure Coast Newspapers reports Merrill Lynch Credit Corp., which is now Bank of America, filed the litigation in 2011 after Reynolds allegedly fell behind on mortgage payments on his waterfront Hobe Sound home known as Valhalla.
 
This is still going on?  Oh well, here it goes...

http://www.zillow.com/blog/mischa-barton-facing-foreclosure-156808/

Actress Mischa Barton Facing Foreclosure in Beverly Hills

Buying in the O.C. might have been cheaper.

Actress Mischa Barton?s Beverly Hills villa is in default. Despite several attempts to sell or rent it out, Barton?s now $100,000 behind on mortgage payments, according to property records.

As first reported by TMZ, the former ?O.C.? star got in too deep on the 8-bedroom, 11-bath estate she bought in 2005. She paid $6.4 million for the mansion near the height of the real estate bubble ? and also near the height of her fame.

The British actress rose to stardom in films such as ?Notting Hill? and ?The Sixth Sense? and then won Teen Choice Awards in 2004, 2005 and 2006 for her role on the TV drama ?The O.C.?

Since then, her career has taken a tumble, and 2670 Bowmont Dr quickly became out of her reach. She listed it in 2010 for $8.695 million, leaving it on the market for about a year. Then she listed it for rent for $35,000 a month, but when that was unsuccessful, she listed it for sale again, still at $8.695 million.

The 7,607-square-foot Spanish-style home is gated, with views of Catalina Island. It has a glamorous formal dining room, a huge master suite with a fireplace and a beautiful entry with a marble staircase. The property includes a nearly 3,000-square-foot guesthouse, a pool and spa, and private decks.

The listing is held by Joe Babajian of Rodeo Realty.
 
morekaos said:
[quote author="winex"]http://www.tmz.com/2010/02/12/brian-austin-green-trouble-on-the-home-front/

Brian Austin Green $70k behind on his mortgage and trying to short sell his house.  Oh well, at least he is still dating Megan Fox.
Click to expand...

That is more than a fair trade off
[/quote]

The collapse is now complete...

Shock split! Megan Fox and Brian Austin Green 'separated six months ago after fighting over her career'

http://www.dailymail.co.uk/tvshowbiz/article-3203519/Megan-Fox-Brian-Austin-Green-separated-six-months-ago-fighting-careers.html
 
Wow, even now celebs are losing money...whod've thunk?

http://www.dailymail.co.uk/news/article-3253687/Looks-like-Nirvana-Foo-Fighters-frontman-Dave-Grohl-puts-California-beach-house-market-3million.html

Looks like Nirvana: Foo Fighters frontman Dave Grohl puts his California beach house on the market for a LOSS at $3million

Grohl is selling his luxury beachside pad in Oxnard, California after nearly a decade of ownership
The former Nirvana drummer picked up the property in 2006 for $3.78million and stands to make a loss of $785,000 
The beach house's stand-out feature is its panoramic views across California's beautiful Pacific coast
The 3,088 sq ft house, which was built in 2005, has four bedrooms, each with their own en-suite bathroom
 
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