Extreme Makeover Home Goes Into Foreclosure

(NEWSER) - The house of financially challenged actor Stephen Baldwin is going up for auction later this month, the Lower Hudson Journal News reports. The I'm a Celebrity—Get Me Out of Here! star paid $515,000 for the New York state property 12 years ago, but he and wife Kennya have defaulted on paying $824,488 to the bank—not to mention a second mortgage and tens of thousands in possible unpaid taxes. More»

Oh my gawd

(NEWSER) - Fuhgeddaboutit, spitfire Teresa Giudice might say now about her foreclosed home. But it's gotta hurt when the Jersey mom of four watches her over-the-top glitzy Italian palazzo furniture auctioned off next month to pay off her family's creditors. A trustee in their bankruptcy case last month charged that the Real Housewives of New Jersey star and her bulldog hubby, Joe, were hiding assets. More»

$2.6M gets you 407 acres and nostalgia in Wisconsin

(NEWSER) - For a minimum bid of $2.6 million, a remote 407-acre Wisconsin lodge where Al Capone stayed while on the lam can be yours, the Chicago Tribune reports. “Al Capone's hideout retreat,” proclaims an ad run in that paper by a small Wisconsin bank that had the luck to foreclose on the property. “I suppose we thought maybe somebody who still had the nostalgia of it would be interested,” says a bank exec. The sheriff's sale is Oct. 8; 37-acre lake and watchtower included. More»

(NEWSER) - New England’s tallest building has a new owner today, the Boston Herald reports—and the John Hancock Tower proved a steal, going at foreclosure auction for about half what it sold for in 2006. A pair of firms bid $660.6 million for the 60-story building in Boston’s Back Bay; Broadway Partners bought it for $1.3 billion in 2006, but defaulted. More»

Eccentric Pop King gets to keep fantasy land estate

(NEWSER) - An investment company has bailed out Michael Jackson’s Neverland Ranch and a foreclosure auction of the 2,500-acre California property—which once featured roaming wild animals and amusement park rides—has been canceled, reports the Los Angeles Times. The financially troubled pop star bought the Los Olivos ranch in 1988 for $28 million. Jackson, who moved to the Middle East after his acquittal on sex abuse charges, will now be able to keep the estate. More»