RadarOnline.com:
Real Housewives of Orange County star Alexis Bellino and her husband can breathe a sigh of relief – for now.
Now that Jim Bellino filed for Chapter 11 bankruptcy last Wednesday - tied to his company Global Marine, Inc.- the financially-strapped reality TV couple has been spared losing their multi-million dollar home to foreclosure until next month – when their Newport Beach house has been rescheduled to be auctioned off.
The Bellinos join a long list of Housewives -- including Lynne Curtin, Tamra Barney and Jeana Keough – who got caught up in real estate nightmares when the bubble burst. NJ Housewife Teresa Giudice and her husband also filed bankruptcy last year.
The Bellino’s six-bedroom, 6,400 sq. ft. waterfront manse was originally listed for $3,695,000, but fell to $3,395,000 as a short sale.
They were in talks with the bank to re-modify the loan, but “the bank changed the deal,” said their attorney Michael York.
No comments:
Post a Comment