Despite a report by TMZ revealing that Lisa Wu Hartwell and husband Ed Hartwell had their home foreclosed, Lisa is now denying the foreclosure to People magazine. We were “not evicted, it was a short-sell. It was not a foreclosure,” says Lisa.
Lisa, 38, continues, “It was decision that we made and not one that was made for us. But we were not put out.” As for the TMZ report that the couple defaulted on their bank loan, she re-affirms that an attempt to restructure the loan “didn’t work out.” Lisa claims, “we chose to move, we were not evicted.”
It seems short-sell is what they’re calling foreclosures nowadays. I take it she “chose” to move after receiving notification of a foreclosure from her bank. Even her rep confirmed the foreclosure story yesterday. Plus TMZ has documents confirming the story.
Lisa however admits her family has moved into a new “downsized” home in a neighboring community due to the pressure of the recession. This clashes with the comment her rep made yesterday, saying the couple has moved into a new home sitting on 10 acres. Not sure how 10 acres is downsizing.
TELL US – ARE YOU BUYING LISA’S SPIN ON THIS STORY?