Jenna Jameson, the adult star and “heart breaker,” just lost her Hollywood Hills mansion. She defaulted on the mortgage after the home had water damage. She decided to not fix the property because she said it was not worth the expense. Before the water damage, she did unsuccessfully try to sell the home.
Jameson listed the home for $1.899 million. That is nearly a million dollars less than what she paid for it in 2006. After no one was interested, the home headed into foreclosure. She stopped paying on the mansion, and defaulted on her mortgage payments by $56,918. In June 2013, the final judgment against her was for $2,027,816.
The home just sold at a foreclosure auction for $1.8 million.
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Daunte Culpepper, the 2006 quarterback for the Miami Dolphins lost his almost 10,000 square foot home to the bank due to foreclosure. About 10 years ago, Culpepper signed a 10-year deal with the Minnesota Vikings worth over $100 million. Culpepper was then signed to the Miami Dolphins in 2006 after obtaining a knee injury with the Raiders from the prior year. Culpepper bought the property for around $3.6 million after the Miami Dolphins signed him.
Daunte Culpepper struggled from his past knee injury and only played with the Dolphins for one year. This ultimately led to his foreclosure on his house. Culpepper does still have another house in Broward County that he is currently living in.
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About a year ago, we talked about Fantasia Barrino fighting to keep her North Carolina home out from foreclosure. It seems that the “American Idol” winner has lost the real estate battle. According to court documents (via TMZ), she avoided the entire foreclosure process because she transferred the deed to the bank in February.
Barrino gave up the fight on her home and left behind the 6,500 square-foot North Carolina mansion. She reportedly purchased the property for $1.3 million back in 2007. However, her financial problems began in 2008. This was when she supposedly defaulted on a $58,000 loan from Broward Energy Management.
This was what triggered the house to go on the market for $800,000 last April.
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R. Kelly’s Chicago home has finally sold. However, the sale was more than a $4 million loss. The property includes 11,140 sq. ft. with six full baths, seven half-baths and a four-car garage. It was valued for over $5 million. At the foreclosure auction, the new homeowner purchased it for $950,000.
According to reports, R. Kelly owed over $3 million dollars on the home.
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Former KISS guitarist, Ace Frehley, is in foreclosure on his Westchester home. He has not paid his mortgage for two-years. It has been reported that he owes over $700,000 on the $735,000 three-bedroom, three-bathroom home. He purchased the 2,441 square foot residence on Feb. 15, 2006.
However, the bad news does not stop there. Frehley also owes almost $20,000 in back property taxes. This ‘Spaceman’ better get some quick cash or KISS that home goodbye.
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