'Real Housewives Of New Jersey' Cast: Jacqueline Laurita At Risk Of Losing Home [VIDEO]
Sad news for Bravo’s The Real Housewives of New Jersey star Jacqueline Laurita.
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Reports circulate that she has lost her Franklin Lakes, NJ home is currently in foreclosure. According to NJ.com Wednesday Hudson City Savings Bank has already taken action against Laurita and her husband Chris Laurita to start the process.
Chris and Jacqueline had already tried to sell the home back in January of last year.
They first listed it at $2.85 million before decreasing the price to $2.78 million. The couple has been facing money woes for quite some time. Chris took out a mortgage at $1.6 million in October of 2007. Thy owed $10, 846 each month but stopped paying this past October.
This is the second piece of property the Lauritas have in foreclosure. Another home in Wayne, owned by Chris, is also in risk of being lost. Nationwide took similar steps and started the foreclosure process for a four-bedroom Colonial the couple bought in 2007 for $725,000 with a $525,000 mortgage.
They also tried to sell that one for $699,000 in 2012 before re-listing it at $599,000. It was eventually pulled off the market by January. According to Nationwide, the property has been in default status in January 2012.
Jacuqueline has been very open about the financial struggle she and her family have experienced over the past couple of years. She said the main factor is trying to treat their child, Nicholas’ autism diagnosis.
Jacqueline wasn’t an official cast member last season but she did make a few appearances.