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We Always Admired Jenna Jameson's Business Savvy...So How The Heck Did Her House Get Foreclosed Last Month?! 

10/20/2013

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Jenna Jameson (aka Queen of Porn) whose company ClubJenna generated over $30 million in revenue alone in 2005 just lost her Hollywood Hills  home to foreclosure. She got it for $2.7M in 2006 & it was just auctioned for $1.85M. How does that happen to such a successful businesswoman?! 
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Sheree's Million Dollar Home Re-Po'd for $340k Soon! This Is Sad

8/18/2013

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First, Sheree was axed from Bravo TV's Real Housewives of Atlanta, and now her mansion is now the chopping block.  Currently, it is a shortsale but it's about to head to foreclosure...for circa $340k. (Ironic, since she dubbed it Sheree's Chateau and alledged it was a multi-million dollar home at one pt). All the sordid deets here. You know, I feel bad for her. I'll buy some charm bracelet from her  jewelry line "She by Sheree."  That will help her out. :-) 
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New Jersey Real Housewife Stopped Her Foreclosure!

6/16/2013

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Jaqueline Laurita of Bravo TV's Real Housewives of New Jersey missed a payment of $10k to her lender who threatened to re-po her 5,000 sq ft McMansion. Jacquline coughed up the dough & saved her family from being kicked to the curb. Pheew! Close one, J! 
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¡Ay, caramba! Will KaRENT Have to Rent?! Miami Real Housewife Heading to Foreclosure

3/11/2013

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According to our Miami gossip sources, cosmetic dentist Karent Sierra is dealing with not just one but TWO foreclosures. What a toothache! Somebody pass her some novacaine!
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This CAN'T Be Allen Iverson's House in Foreclosure?! Not What You Expect from an Ex-NBA Baller, eh? Kinda Geriatric 

12/2/2012

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Irregardless if it belongs to Allen Iverson or not, the Atlanta mansion is hitting the foreclosure block! 
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Can Unpaid H20 Bill Gets You Foreclosed On? Yes, Just Ask Richard Burton 

11/29/2012

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Richard Burton from HBO's The Wire is in hot water. Not literally, but figuratively! He refused to pay $1k in water bills b/c he suspects it is too high. Well, now a lien has been placed on his Baltimore home & he faces foreclosure. What!? $1k must be a drop in the bucket for a star like him, right?!

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Rich Dad Poor Dad Files Bankruptcy...But It's Not What U Think

10/16/2012

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Oh snap!  Author of Rich Dad Poor Dad Guy Kawasaki files for bankruptcy! How can this be?   The Learning Annex (who gave him a platform to launch his speaking and array of products) won a $24M judgement against Guy who owes them a huge cut of his millions. But the jokes on them! Because he filed bankruptcy for some empty shell of a company to avoid paying them! He did not declare personal bankruptcy. Damn, he smart! No surprise after all  he does follow Hermanity on Twitter &  retweets me! 
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Rapper Nas' Home Gets Sold at Auction! 

10/16/2012

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Hopefully he'll make a comeback album!
Rapper Nas just got his Georgia house foreclosed on! Man, this guy ruled the hip hop rap charts back in the day. I think all rappers should be required to take a money management course. Didn't they learn from MC Hammer?!
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HuffPost Live Debuts...With Real Estate Topic & John Cusack?! 

8/13/2012

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"Huffington Post Live" kicks off  its Video Broadcast format. I think it's cool & hip, where talking heads are beamed in through their webcams, Google+ hangouts, skype. It's very now! (Who needs a TV studio anymore!) But what is interesting to me is that they launched HuffPost Live with a very specific real estate topic of all things (and of all people actor John Cusack?) called eminent domain. Clearly, housing is a hot subject!  


They are just getting started but I think the medium of live blogging is supposed to be more engaging. I don't think their discussion was very balanced. They should have taken some questions from tweets and viewers too. Oh, and a strong opposing point of view would have been nice too!

FULL DISCLOSURE: I am a contributor to Huffington Post
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Rapper Common's Foreclosure in Chicago?

7/23/2012

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Rapper Common is past due on the $345k he owes Bank of America on his Chicago apartment. BofA is fixin' to foreclose on him and his manager Derek who are both on the loan. Rappers facing foreclosure isn't anything new...but now why would a rapper buy a place with another dude? Hmmm, kinda suspect!

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SOS! Help Save the Golden Girls From Foreclosure! 

7/22/2012

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Foreclosures surge for old Americans, reports the NY Times! "Foreclosures create unique challenges for older people...They are less able to find new jobs and more vulnerable to becoming homeless." This is horrible!  Brings new meaning to "I've fallen, and I can't get up! " 
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Read How 2 Realtors Dug Themselves Out of $680k Debt! Kudos!

3/25/2012

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LA Times spotlights 4 people who are digging themselves out of debt! And of course the 1st couple they profile are 2 ex-successful realtors from the boom years. This is a common story I hear from agents. They were living the high life, wining & dining 24/7, dressed to the nines, over leveraging themselves..& wound up $680k in debt. Read how Southern California agents Dan & Cheree Griffith got out of this doozy. Great lesson! Less is more.

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The Return of Subprime, Facebook Foreclosures & Carnie Wilson Underwater

7/13/2011

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*Foreclosure via Facebook. Banks now serving papers thru social media. Just another reason to increase your privacy settings! [via Time.com]

*Subprime lending roars back with a vengence! Is history doomed to repeat itself? [via HuffPost]

*Contrary to popular reports from Perez Hilton to Huffington Post, Carnie Wilson of 90's pop trio  Wilson Phillip's fame (and recently featured in Bridesmaids) is not in foreclosure. She says  "My house is not in foreclosure. My house is in a short sale." OK, she's not in foreclosure. She's in pre-foreclosure. [via Zap2it]

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It is the Revenge of the Homeowners!

6/6/2011

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These buyers in Naples paid all cash for their house, but the clowns at Bank of America tried to foreclosure on them anyways. Even though the courts decided Bank of America was in the wrong, BofA  still wouldn't pay the buyers' attorney fees (a measily $2534). So buyers brought in lawyer, moving trucks and armed deputies to try and foreclose on the local BofA branch! (More details here at AG Beat.) Hooray for those buyers! And shame on Bank of America! Tsk Tsk!

Well at least the owners didn't try to bulldoze their own house like this guy from last year. Remember this webcast?
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Wave of Foreclosures to come?

4/6/2010

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Do you think those greedy banks are going to unleash all the foreclosures they are sitting on? Think again!
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Bulldoze vs Foreclose

3/1/2010

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Can you believe this guy beat the bank's foreclosure...by bulldozing his property?!
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