Yesterday reports were swirling that Real Housewives of New Jersey’s favorite inmate Teresa Giudice was “aggressively marketing” her 10,000+ square foot Montville, NJ mansion again for a quick sale (at a reduced price of 2.99 million!). Yet the very same day, the Giudice’s mortgage bank quietly started paperwork on foreclosure proceedings.
“Community Bank of Bergen County filed a notice of foreclosure in Morris County Superior Court Wednesday on their Indian Lane property,” according to court papers obtained by NJ Advance Media on NJ.com. In their 2010 bankruptcy filing, Community Bank was listed as one of the Giudice’s creditors. The bankruptcy ploy was scrapped soon afterward though: “The couple eventually abandoned their bankruptcy claim after the trustee representing their creditors alleged they hid assets and income, which led to a federal prosecution.” And we all know where that whole bizniss got Juicy & Tre now.
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Teresa and Joe also had two other properties for sale – one Jersey Shore home and one in Lincoln Park – that have recently (mysteriously?) disappeared from the market. “According to Zillow.com, the two homes are in pre-foreclosure, although there has been no notice of foreclosure for the Manahawkin home filed with Ocean County Superior Court,” reports NJ.com.
The Montville mansion has been a source of speculation and rumors in the Giudice’s lives, both before and after their court proceedings. Back in the day, Teresa claimed building her dream home from scratch was necessary because living in a “used” home was gross. Wonder what she thinks of those door-less toilet stalls in prison now?
TELL US: DO YOU THINK THE GIUDICE’S MANSION WILL FORECLOSE BEFORE IT SELLS?
Photo Credit: Hugh Dillon/WENN.com