Teresa And Joe Giudice’s Summer Home Receives No Bids At Foreclosure Auction!

joe-teresa-giudice

So apparently not a soul in New Jersey is currently in the market for a shore house swathed in the scent of Bain de Soleil, moscato, and Joe Giudice’s sweat and failure. I know…I’m as shocked as y’all are. However, we’ll just chalk it up to yet another financial scar on the credit report of the Real Housewives of New Jersey’s Juiciest duo. 

With the table-flipping, Italian-cooking, Fabellini-swilling Teresa Giudice behind bars for fraud–and Joe entering the clink once his wife serves her sentence–those owed copious amounts of cash thanks to the reality pair’s shady dealings are trying to recoup what little of their investments are left. Most recently, the beach house the Giudice clan called their weekend getaway was part of a foreclosure sale. Who was lucky enough to score the keys to such a special piece of reality television history? Welp….

CLICK THE CONTINUE READING BUTTON FOR MORE! 

According to TMZ, not a single person (or entity) made an offer on the infamous Giudice dwelling. The house, which was one of several properties auctioned yesterday to recover at least a portion of the mortgage granted to the bank, didn’t garner any bids.

I’m sure there is a part of Teresa that is glad she wasn’t able to attend. Who wants to see their Manahawkin cottage shunned by the masses…especially when a buyer could potentially scoop it up for much less than the couple originally paid (or didn’t pay as the case may be)? 

Alas, no one gave the home a pity proffer, even with an opening bid of $100. Of course, $100 would’ve have just been the start. If someone had won the home by pledging such a small amount, he or she would still be on the hook for the $348,000.00 owed to the lender, HBSC. Teresa and Joe originally had the property listed for $315,000.00. The property is now bank owned with HBSC beginning the foreclosure proceedings. Heck, I’m surprised Bunim/Murray didn’t didn’t swoop in for the rescue. Can you imagine how amazing the Giudice’s beach home would be to house the next generation of the Jersey Shore

TELL US – ARE YOU SURPRISED NO ONE BID ON THE GIUDICE MANSION? 

[Photo Credit: Instagram]

Read Our Comment Policy

X