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.
Birdman buys Scott Storch Miami Foreclosure
Once upon a time, there was a man named Scott Storch who was well known as a music producer. In six months, he blew $30 million on partying, vacations and lots of cocaine. This ultimately led the music producer into foreclosure on a 9-bedroom, 17-bathroom home. The home comes with 25 feet ceilings, spa, gym, theatre and cabana.
The next new homeowner of this monstrous mansion was RockStar energy drink businessman Russell Weiner for $7 million. The home was recently sold (for a huge profit) to Cash Money tycoon Birdman (Baby). This places Birdman not far from his business partner, Slim Williams who just bought the largest house in Weston, Florida.
Talk about big money..
Lindsay Lohan saves Mom from foreclosure
Lindsay Lohan’s mother, Dina Lohan, was on the verge of losing her home. That was until Lindsay came and saved the day. According to TMZ, the bank filed documents in 2010 to foreclose on the Long Island, New York home.
Dina worked a deal with the bank on a new payment agreement to stop them from placing the home on an auction block. A few undisclosed people who are close to Lindsay, said that Dina had her daughter’s help paying the new mortgage agreement.
Recently, it was reported that mama Lohan fell behind again and Lindsey came back to the rescue. The second bailout, Lindsey gave her mother $40,000.
Rapper Eazy-E’s Mansion Foreclosed
Many remember the late rapper Eazy-E. His real name was Eric Lynn Wright and he was the grandfather of Gangsta Rap and part of N.W.A., a hip-hop group. His widow, Tomica Wright has recently been foreclosed on for allegedly not paying the mortgage.
The home is 6,700 sqft with 5-bedrooms and 5-bathrooms in Calabasas, California. According to public records, the widow fell behind on mortgage payments last year, which totaled up to $168,278.78. The home was sold in a foreclosure auction.
Jermaine Dupri Mansion Rescued from Foreclosure
Jermaine Dupri is a record producer, songwriter and hiphop artist. However, these days he is rapping to a different beat.
Dupri owns a huge property in Atlanta, Georgia. Once again, he rescued the home from foreclosure this week. The foreclosure auction was set for September 4th and the bank claims he missed $193,404 in mortgage payments.
Dupri asked the court to block the auction by filing an emergency motion. He said he only owes $89,901 and paid the bill in full by the time the motion was filed. At the last minute, the house was pulled off the auction block.
James Kane, Dupri’s attorney has responded (via TMZ) saying there was no foreclosure sale of the home and they are currently working with the lender to regarding the amount due.
