Newest "Real Housewife" Already Facing Foreclosure?
Filed under: Estates
She's only just joined the show but Peggy Tanous, the latest housewife to join The Real Housewives of Orange County, should fit right in. After all, she's already part of the foreclosure club. Lansner on Real Estate has been following the story and reports that her home in Irvine, California was purchased in 2006 for $1.379 million and that she owes a total of $1,318,253. An auction is scheduled for March 17. Tanous is described as a former biking model and stay-at-home mom. She is friends with Alexis Bellino who has her own real estate trouble. Bellino's home is currently listed for $3.395 million in what appears to be a short sale situation. This is a reduction from the $3.695 million it was at when we looked at in December. The listing states that the owners "have over $6 million into the property" a reference it seems both to the initial outlay and the remodeling that the Bellinos did on the home.
In the video above Tanous gives the OC Register a tour showing off collections of swords, wax sculptures and the home movie theater complete with "butt shakers" to make the experience more realistic. Tanous is a fan of Versace, there's a Medusa head in the foyer tile and Versace china. Their wet bar also includes a wine tap system.
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