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.
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.
T-Boz Sold Georgia Home Avoided Foreclosure
The TLC singer is singing a different tune these days. A few years ago, we heard about T-Boz on the verge of foreclosure. Her Georgia mansion just sold and for nearly half of what she purchase it for.
In 2008, we heard about the TLC singer, T-Boz on the verge of foreclosure. The property is located in Georgia and she sold it for half of what she paid for it.
When she failed to pay her mortgage payments on time, she was able to save it from the auction block. T-Boz even filed for bankruptcy in 2011, and the home was the main debt.
The home sold for $680,000. She purchased it in 2001 for $1.12 million.
Jerry Goldstein Refuses to Leave Home after Foreclosure Auction
Jerry Goldstein, music producer, just had his 8,000 square foot mansion auctioned off. The home was sold at auction for a whopping $7.5 million. However, the transaction has not been going very smooth.
According to new legal documents, which have been filed with the L.A. County Superior Court, Goldstein has not moved.
The new owners filed a lawsuit for eviction, and are requesting him to pay $666.66 each day he continues to live there.
Goldstein is best known for writing the 1963 hit, “My Boyfriend’s Back. He also produced the hit “I Want Candy.”
It may be time for Goldstein to “…Better cut out on the double. (Hey-la, Hey-la).”
Octomom’s Home Officially Foreclosed
We have heard Nadya Suleman in the news over and over again about her financial troubles. She can finally say foreclosure is a word of the past. In June, Suleman’s home was sold at auction, however, no one bid on the property. Since there was no bidders, the bank took ownership and can now being the eviction proceedings.
She owed more than $475,000 on the house with only $50,000 of assets along with about $500,000 worth of debt. She filed bankruptcy in April. The papers for the bankruptcy were tossed when she failed to complete the required paperwork.
Is this the last we hear of the famous Octomom now that the bank has taken the home back? Our guess, no.
