It seems that Jac an Chris Laurita may FINALLY be evicted from their Franklin Lakes home. After two or more years of legal issues related to their alleged theft from Chris’ company for things like cars and private jets it seems it is finally time to pay the piper.
It’s bizarre to me how long it takes for people to actually get thrown out of their McMansions for not paying their mortgage. I first reported on this story in April of 2013 ! And the bank is just now filing for foreclosure?
According to Vicki Hyman of NJ.com:
Another “Real Housewives” star could be real house-less soon. Hudson City Savings Bank has filed papers in Bergen County Courthouse to foreclose on the Franklin Lakes home of Jacqueline and Chris Laurita. Another home owned by Chris Laurita, located in Wayne, is also being foreclosed upon.
The couple had placed the Franklin Lakes home on the market in January 2014 for $2.85 million, then dropped the price later that year to $2.78 million. The custom-built six-bedroom home on nearly two acres features ornate millwork, hand-painted murals in the dining room, a custom kitchen with a wine fridge, and a walk-out basement with playroom, wine cellar and an office.
According to the filing, Chris Laurita took out a $1.6 million mortgage in October 2007, with monthly payments of $10,846, but has not made made a payment since October 2014.
Court records also show that Nationwide is foreclosing on another home owned by Laurita — a four-bedroom Colonial in Wayne that he purchased in 2007 for $725,000, taking out a $525,000 mortgage.
I normally enjoy keeping you guys up to date on all the legal issues of the housewives, but Chris and Jac’s attorney is SO ABYSIMALLY BAD at writing motions, I just could not make heads or tails of it and finally gave up.
The short version is they were accused of using company funds to buy Louboutins and handbags and Chris’ partners in the company are holding them accountable for some misappropriated funds.
Jesus, those New Jersery housewives… And I think there is still a domino or two to fall…