Actress Mischa Barton may lose her mansion in Beverly Hills to foreclosure if she fails to settle the back payments on her mortgage that amount to at least $100,000, Page Six reported on August 3.
Reports said the 28-year-old T.V. actress has already received a default notice in regards to the $6.4 million mansion that she bought in 2005. Barton reportedly took out a loan for $4.2 million at the height of “The O.C.,” the popular TV show she starred in, to buy the eight-bedroom / 11 bathroom mansion. Since 2010, the actress has been attempting to sell her mansion, last listed at $8.9 million, but there have not been any takers. Barton, whose acting career is reportedly on the decline, also tried to rent out the mansion in 2013 for $35,000 a month.
Being threatened with foreclosure may leave homeowners feeling helpless, but if you are facing this situation, it may be true that other options are available to you. An experienced foreclosure lawyer can offer you legal alternatives that may allow you to keep your home. Discuss your situation with the Cedar Rapids legal team at Hong Law, PLC, today by calling (319) 294-5853.
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