Send Me Juicy Gossip
Juicy News Sponsors

People Online
Whitney Houston may face foreclosure
Thursday, November 16, 2006

Singer owes $1 million on Mendham Twp. property

Whitney Houston's $6 million estate at North Gate Road and Cross Way will be foreclosed on, unless the soon-to-be divorced singer comes up with more than $1 million.

Houston has until Jan. 4 to pay $ 1,043,106 to Mortgage Electronic Registration Systems, the service agent for Chevy Chase Bank, which holds the mortgage. The deadline was set by the Morris County Sheriff's Office on Tuesday.

County tax records show that the property, at 1 Cross Way, is the less valuable portion of Houston's estate. The assessed valuation for that portion is $889,300.

The adjacent property that Houston owns, 22 North Gate Road, is valued at more than $5.6 million.

Gayl Spivak, the attorney representing MERS, said Houston has two opportunities to delay the foreclosure date for two weeks.

She could choose to sell the house before the foreclosure date or pay the mortgage company. If she does neither, the house will end up in a sheriff's sale. (read entire article)
posted by Juicy @ 4:39 AM  

HOME: Maryland

I must say, "Fashion, Fashion, Fashion is my first passion!" My second passion would have to be indulging myself with Pop culture and of course, 'Celebrity gossip.'

See my complete profile

Fall Fashion Trends
Fashion & Beauty Blogs
*Let's Shop!*
*Top Links*
Previous Post
Music Blogs
Search Juicy News
Be advised that information on this site may or may not always be accurate, therefore this site makes no warranties or guarantees as to the validity of any claims. Every picture on the blog is copyrighted to its respectful owner and cannot be used for any commercial project.
Subscribe To Juicy News
Subscribe to JUICY NEWS
Enter your Email

Powered by FeedBlitz


Free Blogger Templates

Graphics created by Kitty:

  • FullMoonGraphics