We reported last week that Jeana Keough’s home was set to go on the auction block, similar to a foreclosure. It however seems the former Real Housewives of Orange County star has been able to save her home again.
According to the OCRegister, Jeana’s 7-bedroom-9-bath Coto de Caza home has been saved from foreclosure due to a loan modification. Jeana wrote –
“I am happy to report the system works! There is no foreclosure on my home anymore. After I was denied back in January, after working with Wamu/Chase for 6 months, they said I didn’t fit the program, I am a fighter so I called my friend Jason Cougenhour at HUD, our illustrious Congressman, and our Governor’s office, and found out that 75% of the people in loan mod’s weren’t getting accepted. That incensed me. I talked and wrote, harassed, gave speeches, encouraged people to write email blasts, used all of my Le Tip connections and last Monday the government changed the specifications. I am happy to say Chase has stopped foreclosure, and made my payments affordable, my work has picked up, and I have stopped efforts to sell my home at a greatly reduced discount. I plan to live here until I am ready to sell. I have been helping so many people save there homes, it is a difficult and frustrating process that I really wasn’t focusing on sales. With the possible sale of my house at auction, and the crazy people coming out of the woodwork to buy my 4.5 million dollar house for 1.3, you find out who your friends are. I am blessed, I have my health, my amazing children.”
Her home value has reportedly dropped from $5.5 million to $3.9 million, and she faced foreclosure actions from lenders and the Coto homeowners’ association in recent weeks. It now seems all is well, those auctions have been canceled and the home came off the market on Monday.
Compared to the other Housewives franchises, it seems the OC ladies were hit the worst financially.