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More bad news for Jim and Alexis Bellino.

Following their most recent foreclosure notice, the OC Register is now reporting that the home of the Real Housewives of Orange County stars is set to be auctioned off on Friday.

The 6-bedroom, 6,400 sq. ft. Newport Beach mansion was previously set to be auctioned off back in August but the Bellinos were able to get that canceled as they got a loan modification from the bank. It now seems that loan modification might have fallen through.

“The bank changed the deal,” Michael York, the Bellino’s attorney said Tuesday of a verbal agreement that was announced by Jim back in August. According to York, no reason was given for the change.

The Bellinos also released the following statement – “We have been communicating with the bank regarding loan modification options for several months. The bank has changed its offer, and the market has further declined since August, but we are continuing to work with the bank in an effort to reach a mutually agreeable resolution.” It appears The Bellinos remain hopeful that the newest acution date will also be canceled.

While the Alexis and Jim continue to hope for a Hail Mary, the home is still listed for sale. A real estate listing from Lagunaseaside.com states “owner has over $6 Million into the property, reduced for quick sale.”

The asking price is now $3,395,000, slashed from a previous price of $4,995,000. Even if the Bellinos are able to sell their home before Friday, they would still be taking a loss as they currently owe $4,677,635.01 on their home mortage.

The 6,400 square ft. home boasts 6 bedrooms and 6 bathrooms as well as a a state-of-art kitchen, wine cellar, home theater, & large recreational area with pool table and bar. The home also includes a 6 car garage, multiple family rooms, den/office, and gym according to the listing.

CLICK THE CONTINUE READING BUTTON BELOW TO SEE THE HOME PHOTOS!

Just less than 24 hours after issuing a non denial on Bravo’s Watch What Happens Live, Kim Zolciak is now confirming she is indeed pregnant in the latest issue of Life & Style magazine!

The Real Housewives of Atlanta star graces the magazine cover under the title, ‘Yes, I’m Pregnant!’ The baby daddy? Her 25-year-old NFL boyfriend Kroy Biermann. The two met in May and have been dating for six months.

“I was surprised! While it wasn’t planned, God clearly has a bigger and better plan for us and we’re excited,” the 32-year-old tells Life & Style.

And when it comes to the Star magazine news story that ran in October, during which her lady ex DJ Tracy Young spilled the beans about her pregnancy, Kim makes it clear she was shocked and appalled about the story. “I was appalled and disgusted by that. I wasn’t through my first trimester — you never know what could happen.”

But today, Kim is three months pregnant and tells the mag “I’m the happiest I’ve ever been.” This will make the third child for Kim as she has two daughters, Brielle, 13, and Ariana, 9, from a previous marriage.

When it comes to the sex of the baby, Kim shares that she and Kroy have yet to find out while adding that she cannot wait to start a family with him. “I definitely don’t want to get married while I’m pregnant,” she says. “But I can see myself marrying Kroy in the future.”

Nice to see Kim trapping snagging her man the old fashioned way. Guess you can’t teach an old whore new tricks. And feel free to mark your calendars! Kim’s new single, “Google Me,” will be available for download on iTunes on Nov. 30.

TELL US – WHAT ARE YOUR THOUGHTS ON KIM’S PREGNANCY? IS KROY THE DUMBEST 25-YEAR-OLD EVER?

UPDATE – A bigger image of Kim and her baby daddy Kroy added below.

Rachel Zoe is finally confirming that she is literally pregnant!

Following months of media speculation and reports, the Rachel Zoe Project star took to her twitter page yesterday to reveal that she and husband, Rodger Berman, are indeed expecting their first child.

“Hey everyone! I want to officially confirm to my loyal friends and followers that I am pregnant!” wrote Rachel. “I feel great, Rodger and I are beyond excited and so thankful for all of your love and support.”

Rachel and Rodger have been married for 12 years. She is reportedly 5 months along and is expecting a baby boy!

While the news of another Bravo housewife filing bankruptcy isn’t all that shocking, the fact that the housewife is Sonja Morgan is however a tad surprising.

The Wall Street Journal is reporting that the Real Housewives of New York City star filed for Chapter 11 bankruptcy protection today in Manhattan.

Sonja listed her debt at $19.8 million with over $13.5 million in assets on the bankruptcy petition. “The decision to seek bankruptcy relief was not an easy one, but unfortunately, I am at a crossroads in my life,” said Sonja in the court papers.

But perhaps this situation is a bit different than that of NJ Housewife Teresa Giudice as Sonja blames her financial troubles on a failed business venture, an unresolved bitter divorce with her ex-husband, and also losing a major lawsuit.

Sonja states in the court papers that her production company, Sonja Productions, was all set to collaborate with Hannibal Pictures Inc. to make a movie starring John Travolta. However, things went awry due to various demands by Travolta which her production company could not meet. Hannibal Pictures then filed a lawsuit against Sonja Productions and won a $7 million judgment.

Sonja is reportedly planning to appeal the ruling. Also, the reason Sonja’s filing is a tad shocking all has to do with her last name, as Sonja used to be married to and has a daughter by John Adams Morgan, a descendant of J.P. Morgan and John Adams. Sonja blames her “bitter” and unresolved divorce from her husband as part of the reason she is broke. Apparently their divorce is yet to be finalized.

According to WSJ, Sonja is working to resolve these disputes and formulate a plan of reorganization. She also hopes to preserve the value of her assets and continue her career as a television personality.

TELL US – WHAT ARE YOUR THOUGHTS ON SONJA’S BANKRUPTCY? ARE YOU SHOCKED?

Must say we didn’t see this one coming.

TMZ broke the news late yesterday that NFL star Chad Ochocinco, 32, and VH1 reality star Evelyn Lozada, 34, are officially engaged after 4 months of dating.

According to TMZ, Chad, who appeared on the last season of Dancing With The Stars and had his own VH1 dating show, popped the question to Evelyn yesterday in Cincinnati with a 10-carat engagement ring. Evelyn reportedly flew in to see him from Miami.

The Basketball Wives star wasted no time in sharing the good news with her twitter followers. She tweeted a photo of the super blinged engagement ring with the caption – “I’m no rabbit but 10 carats looks good on me!! Let the hating begin.” A photo of the ring is below.

Some are wondering if this the real deal or just a publicity stunt as the second season of Basketball Wives (you can watch the Season 2 trailer here!) is set to premiere in just weeks on December 12. Only time will tell. TMZ does add that the couple plans to be engaged for a while.

Here’s to hoping the 2nd time will be the charm for Eve as her last engagement to former NBA player Antoine Walker ended after 10 years with no walk down the aisle.

This engagement also came as a surprise as Chad was supposed to be dating Rubi Pazmino, you know, the winner of his VH1 dating show Ochocinco: The Ultimate Catch. The show’s finale aired back in September and in her VH1 interview following the finale, Rubi stated she and Chad were indeed together and that Chad told her the rumors that he was dating Evelyn were false. “He said Evelyn’s a friend of his,” stated Rubi two months ago.

Well fast forward to today and it’s all but obvious Chad and Evelyn were more than just friends. We reached out to Rubi following the engagement news and she exclusively told Reality Tea that Chad was lying as he was indeed two-timing both she and Evelyn.

Even more shocking, Rubi revealed to us that she and Evelyn spoke about it, and that there were even many other women in the picture. And when it comes to the engagement, Rubi stated she has no clue about it, adding “maybe he has changed.”

Rubi also states on her twitter page that she will likely sell the promise ring Chad gave her on ebay. Guess Evelyn won the “prize” in this situation.

TELL US – WHAT ARE YOUR THOUGHTS ON CHAD’S ENGAGEMENT TO EVELYN?

It was only a matter of time.

Days after In Touch weekly first reported the news, PEOPLE magazine is now confirming that two of Jon and Kate Gosselin’s kids have been expelled from their private school in Pennsylvania.

Why you might ask? According to In Touch, the kids – Alexis and Collin Gosselin – both age 6, were kicked out for “rage issues.”

“They’ve fought with their peers, called them nasty names and made fun of other kids,” a source told the magazine. In fact, the In Touch report suggests the kids’ filming schedule might have caused the trouble at school.

“Collin had such bad issues that he refused to get his picture taken at school because he’s tired of being on-camera,” the source said. “The things they are saying are not words they should know,” the source continued. “They are learning them somewhere, but Jon doesn’t know where.”

PEOPLE magazine also confirms the kids are now being homeschooled while a source close to Kate claims the reports of violence and bullying is being exaggerated (um no it’s not if it got them expelled).

“The situation is being grossly overstated,” the source says. “The kids are going through a challenging time, but Kate doesn’t feel this is something that should be discussed publicly. It is a private matter.”

TELL US – WHAT ARE YOUR THOUGHTS ON THIS STORY? WHO DO YOU BLAME? SHOULD THE KIDS BE TAKEN OFF TELEVISION?

Teresa Giudice and Joe Giudice In Court

More news to report in the Teresa Giudice bankruptcy saga.

Somehow this news has managed to slip through the cracks, but two days after the Ibuysss blog first broke the story, Reality Tea has uncovered some documents showing that on September 24, 2010, New Jersey Judge Morris Stern ruled that Real Housewives of New Jersey star Teresa and her husband Joe Giudice are required to stand trial on July 14 & 15, 2011 for charges relating to bankruptcy fraud.

The Giudices had tried to get the bankruptcy fraud allegations dismissed. If you recall, Teresa and Joe filed bankruptcy back in October 2009 to the tune of $11 million in debt. Things were working according to plan for the Giudices as Teresa even went on a $60,000 shopping spree just days after filing Chapter 7.

The problems arose however when on 06/30/2010, John W. Sywilok, the Chapter 7 Trustee assigned to oversee the Giudices bankruptcy filing, alleged they had commited bankruptcy fraud by concealing assets and income from their filing. The accusations include -

  • Failure to report $250,000 (an advance Teresa received from a publishing deal for her book)
  • Failure to report Joe’s ownership/interest in a Pizza shop
  • Failure to report a $3,333.33 monthly income
  • Concealing assets including a bank account of Joe’s, two pieces of real property, vehicles, the ownership of an online boutique called TG Fabulicious
  • Presenting false income tax returns to the bankruptcy court

From looking at the court documents, tt seems the July, 2011 court date is simply to get a judge to dismiss the Giudices’ Chapter 7 bankruptcy petition because of fraud. If the trustee does suceed in getting the bankruptcy dismissed, the Giudices would then be responsible for their $11 million debt.

We’re no legal experts here at Reality Tea but it is likely criminal charges for lying under oath, IRS fraud, etc will follow if the Giudices are found guilty of commiting bankruptcy fraud as it appears the July 2011 hearing is solely focusing on getting their bankruptcy dismissed, and not so much on the criminal aspect of the serious allegations.

TELL US – WHAT ARE YOUR THOUGHTS ON THE LATEST DEVELOPMENTS? IF THE GIUDICES DID LIE IN THEIR FILING, DO THEY DESERVE TO GO TO JAIL?

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