Carnie Wilson was happy to be a loser when it came to her weight, but the daughter of Beach Boy Brian Wilson could soon lose something she wants: her house. Though reports first surfaced the Wilson Phillips singer was facing foreclosure, Wilson denies that rumor and states she is trying to negotiate a short sale on the house.
Entertainment website SheKnows claims Wilson is months behind on her mortgage and her house will go up for auction if she does not pay the $1.6 million she owes to the bank. Wilson -- who ironically recently appeared in the movie "Bridesmaids' singing the song "Hold On" -- refuted the foreclosure rumors, telling a reporter for Zap2It that her home is "like half of the homes in America today, like millions of Americans with f***ed-up banks." She emphasized, "We are not in foreclosure."
Unlike a foreclosure, the National Association of Realtors defines a short sale as "a sales transaction in which the seller's mortgage lender agrees to accept a payoff of less than the balance due on the loan."
Wilson is not the first celeb to face mortgage woes. Despite their celestial incomes, other stars have struggled to hold on to their homes in recent years.
Jermaine Dupri Delinquent on Mortgage Payments
The rapper and record producer was singing the blues in May when his Atlanta mansion was almost foreclosed on by his bank, but the courthouse auction was called off at the last minute. In addition to owing money on his home, Dupri's money maladies include back taxes, unpaid child support and a lawsuit from a contractor.
Ed McMahon's Mortgage Was No Laughing Matter
The announcer famous for his "Heeeere's Johnny" intro of "The Tonight Show" was bellowing "where's my house payment" during his final years. The beloved sidekick to Johnny Carson was almost bailed out by Donald Trump, who twice offered to buy the house and lease it back to McMahon, but that sale never transpired. Other investors ultimately bought the home and allowed McMahon and his wife to remain there. The hefty announcer attributed his financial woes to a "perfect storm" of calamities in an interview with Larry King, in which he cited a broken neck and divorces as two major causes.
Nicolas Cage Couldn't Keep Up With the Payments
Though the "Leaving Las Vegas" star will likely never be homeless, he owns far fewer homes than the 15 he had racked up by 2008. In 2007 alone he purchased three homes totally more than $33 million. Thanks to back taxes and other money mishaps, the financially cavalier Cage not only lost his Las Vegas home, but also two houses in New Orleans and a mansion in Bel Air that was previously owned by Tom Jones and Dean Martin.
Nadya Suleman's House Hanging by a Thread
Suleman has suffered from shelter insecurity ever since her parents' home was foreclosed on when her octuplets were infants. Forced to move out on her own, the woman known as the Octomom has since struggled to make ends meet. The mother of 14 children turned down an offer from porn king Steve Hirsch who wanted to take over her mortgage. She may have better luck finding a Mr. Right in her appearance on an episode of HDNet TV's "Celebridate" this fall in which ordinary people get a chance to date a celebrity.
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- Carnie Wilson
- Beach Boy
- Jermaine Dupri
- Wilson Phillips singer
- Leaving Las Vegas
- singing the blues
- Brian Wilson
- The beloved
- record producer
- The Tonight Show