Patricia Kluge’s Albemarle House in Virginia foreclosure, Donald Trump to the rescue
Patricia Kluge was once a young, beautiful woman who married a billionaire, divorced him and walked out the door with a measly $1 million a year.
My how things have changed. Kluge, 62, has been in a financial downfall since.
Her former mansion was slapped with a $22.8 million lien from Bank of America. This 45-room Charlottesville, Va., mansion was originally valued at $100 million. It is now worth $16 million. Bank of America put the home in a foreclosure auction, which caught the attention of none other than Donald Trump.
After negotiations, the real estate tycoon sealed the deal, purchasing Kluge Estate Winery and Vineyard for a steal — $6.2 million for 800 acres. Trump announced plans to revive the business with help from former owners Patricia Kluge and her current husband Bill Moses.
Kluge called her dear friend Trump’s purchase an end to her “personal Armageddon.”
Reports say that Trump has plans to change the name of the winery to no other than Trump, of course.
So keep an eye out for Trump Wine. It will be next to the Trump Tea, Trump Vodka, Trump Chocolate and Trump Ice.
Timbaland house in South Beach, Miami, the subject of foreclosure
Murano Grande at Portofino is luxury living at it’s finest. Awaken to a breathtaking views of South Beach, the ocean and Biscayne Bay. Exclusive South of Fifth Street living in trendy South Beach. This is luxury redefined.
Orange County Choppers foreclosure in Newburgh, NY
More drama for your mama.
As if the family feud between Paul Teutul Sr. and his son, Paul Jr., wasn’t enough to make you want to vomit all over your keyboard, the news of a looming foreclosure on Sr.’s new Orange County Choppers building might just make you go ahead and stick your finger down your throat.
ClutchandChrome.com (a fantastic friggin’ name for a chopper website btw) passes along word that Sr. has missed several mortgage payments on his $13 million, 92,800 square-foot “green” headquarters in Newburgh, New York.
He’s apparently spending too much cheddar on making sure Jr. (his estranged son, remember), is never successful without him.
That’s right, Sr. decided to continue their battle into the courtroom, suing Jr. for starting up his own custom bike shop after the pair unceremoniously parted ways after having yet another explosive disagreement.
So now he basically doesn’t have a son and he can’t afford to pay his rent.
Talk about cutting of your nose to spite your face.
Brittany Murphy house in Hollywood Hills avoids foreclosure … for now
Introducing, ladies and gentleman (and I use those terms super loosely), to our first posthumous foreclosure.
Brittany Murphy’s home in Hollywood, Calif., where she and her husband were found dead in separate incidents five months apart, has been saved from foreclosure, according to Reuters.com.
Maybe the former home of Madonna and another kinda famous Brittany (Spears), isn’t cursed after all! Yeah right.
Sharon Murphy, Brittany’s mommy, inherited the 8,000 sq. ft. house after her daughter and son-in-law’s untimely deaths at the ages of 32 and 40, respectively. She apparently received a two-week extension to try and sell the house at a “sharply reduced price.”
Good luck.
I’m not too sure about you, but I’m not about to plunk down $4.995 million (that I don’t have, by the way … not even friggin’ close) to live in a home where two young, and seemingly perfectly healthy individuals, died from “pneumonia-related” illnesses.
Paranormal activity, anyone?
It apparently isn’t scaring everyone, including two death-defying deal-seeking buyers who have already submitted “bonafide offers.”
RIP, suckas.
Timothy Busfield: ‘Poindexter’ divorce leads to foreclosure on Malibu home
More than 25 years ago, Poindexter got his revenge by effortlessly banging a Tri Lam.
Today, the real-life tables have turned because the wife of Timothy Busfield — who played the red-headed, violin-playing nerd way back when — decided to bend him over and pound his pimply ass in divorce court two years ago.
As a result, NYDailyNews.com passes along a report that Busfield can no longer afford to pay the mortgage on his $1.25 million Malibu, Calif., mansion and could lose it to foreclosure as soon as Jan. 2011.
Nothing like working your entire adult life, humiliating yourself as a C-level actor and then finally validating all those years of hard work to become an Emmy Award-winner, only to have an unhappy, ungrateful woman wipe it all away in one fell swoop.
Oh, and she also gave him one last kick in the nuts by fighting for (and getting) physical custody of their 16-year-old son.
Puff-puff-pass, Poindexter!
