We keep saying it, and it’s true: Foreclosure is not just for the middle-class or the average, working citizens who fall on hard times.
Many borrowers who are somewhat cash-liquid also end up facing foreclosure.
Karent Sierra, 38, appeared to the public on The Real Housewives of Miami to play the independent businesswoman who doesn’t need a husband to support her two mortgages, which carry a total balance of $870,000. Or maybe she does?
A gossip rag out of Miami claims the reality TV star is at risk of losing two Miami homes.
She is apparently worth $5 million, according to published reports.
No word on whether this is a strategic default …