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. :-)
This CAN'T Be Allen Iverson's House in Foreclosure?! Not What You Expect from an Ex-NBA Baller, eh? Kinda Geriatric
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?!
NBA superstar Antoine Walker is finally coming clean on how he lost more than $110M . . in just two years. According to a documentary on ESPN, Antoine spent MILLIONS on women and toys - he dated Evelyn Lozada for many years. But Antoine claims that he blew MOST of his money on BAD REAL ESTATE DEALS.
Here's what he said: 'Personally, I was involved in a lot of real estate projects with the banks where I was the personal guarantor of the loans,' he said. 'And when the recession hit back in 2007 and 2008, the banks went really hard after the money. There's probably like 7 to eight banks that we had loans with. And it kind of hit me all at once. I had to pay back the money.'
Owing $194,000 to his bank, Jermaine Dupri just barely escaped getting his Atlanta estate foreclosed on Sept 4 by ponying up funds to stop the house re-po! Close call!
"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