Another ‘Housewives of OC’ star facing house problems

HollywoodNews.com: The ‘Real Housewives of Orange County’ can’t seem to stay out of trouble when it comes to their pricey homes, and now it seems the newest cast member may have her home in foreclosure.

Peggy Tanous is reportedly in a fight with three banks to keep her $1.3 million house out of foreclosure, states RadarOnline.com. According to reports, BAC Home Loans Servicing, U.S. Bank National and PNC Mortgage are trying to sell the home, but Tanous is filing a lawsuit.

The new reality TV star is claiming the banks have not honored a loan modification agreement. Tanous and her husband have reportedly paid on time, but started struggling a couple years back.

The two also reportedly stopped paying Orange County property taxes, but allegedly worked out an agreement for that.

Do you think her house will be foreclosed on?

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3 Comments

  • May 6, 2011 | Permalink |

    COMPLETELY BAFFLES ME AS TO HOW THIS HAPPENS WHEN THEY THROW THESE LAVISH EXPENSIVE PARTIES, HAVE BREAST IMPLANT REPLACEMENT SURGERY…I THINK THEY BELIEVE THEY ARE UNTOUCHABLE. IT’S HAPPENING ALL AROUND THEM AND THEY DO NOTHING TO ALTER THEIR LIFESTYLES.

  • May 6, 2011 | Permalink |

    It is no longer a $1.3 Million house. It is probably worth $875K. The lawsuit will stall the foeclosure for awhile, but they’re going to have to move eventually.

  • May 7, 2011 | Permalink |

    Boo hoo. My heart just bleds for you and your short little husband.

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