Allison Janney Home in Foreclosure
Allison Janney is best known for her role on a television show called The West Wing. Even with celebrity status, foreclosure still struck this actress. Janney and her oldest friend, Gregg Rapp purchased a property in 2006 for $3.95 million. The home is located in Palm Springs, Ca. The bank has filed for foreclosure on the home with a mortgage balance of $2.25 million.
It is not certain if the two friends planned to live in the house or wanted to use it for investment purposes. However, they did try to sell the house in 2010 for $5.5 million. Seven months later, the duo dropped the price to $4.5 million. In 2011, the listed sale price was just under $4 million.
The property is a 5-bedroom and 5-bath home with 6,657 square feet. The home has Hollywood history to it as well. The late actor, William Holden, previously owned it.
This photo is courtesy of By The Heart Truth (The Heart Truth Fashion Show 2008) and it is licensed under the Creative Commons Attribution 2.0 Generic license.
Tony Braxton’s Second Foreclosure
Toni Braxton is singing the Don’t Break my Heart tune again these days. However, this time it is about desperately trying to save her Georgia mansion from foreclosure. Unfortunately for her, that attempt was a failure. The home is available for anyone who has $1.1 million and looking for a new property.
In 2004, Braxton took out a mortgage on the Duluth, GA home for $1.5 million. According the bank, she missed 10 monthly payments during 2004 to 2010 (via TMZ). The Georgia mansion is 11,400 square feet. It has six bedroom and six bathrooms while sitting on an acre of land.
This is the second home Braxton had that went into foreclosure. In 2010, she lost her Nevada home.
This photo is courtesy of By Philip Nelson (Tony Braxton – Vh1 Divas Red Carpet) [CC-BY-SA-2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons and it is licensed under the Creative Commons Attribution 2.0 Generic license.
