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Stephen Baldwin's Home In Foreclosure
http://imdb.com/news ^

Posted on 06/12/2009 12:45:49 PM PDT by LottieDah

12 June 2009 12:15 PM, PDT

Stephen Baldwin's New York home is set to be auctioned off by authorities after the actor defaulted on more than $824,000 (£549,330) in outstanding mortgage payments.

Documents filed in Rockland County show the Hollywood star and his wife Kennya have been missing repayments to finance firm Bankers Trust Co., despite only paying $515,000 (£343,330) for the property in 1997.

And Baldwin, who is currently competing in reality TV show I'm a Celebrity... Get Me Out of Here!, may find himself homeless when he finally emerges from the Costa Rican jungle - the mansion has been foreclosed and is due to go up for public sale on 24 June.


TOPICS: Miscellaneous
KEYWORDS: baldwin; entertainment; foreclosures; hollywood; stephenbaldwin
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That's kind of sad...he is the born again Christian isn't he?
1 posted on 06/12/2009 12:45:49 PM PDT by LottieDah
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To: LottieDah

What a Pity ... He IS the GOOD Baldwin.!!


2 posted on 06/12/2009 12:48:07 PM PDT by gwilhelm56 (Orwell's 1984 - To Conservatives, a WARNING - to Liberals, a TEXTBOOK!)
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To: LottieDah

Yup. His brother Alec is gonna rub salt in THAT wound, for sure


3 posted on 06/12/2009 12:48:10 PM PDT by prismsinc (A.K.A. "The Terminator"!)
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To: LottieDah

Yes.


4 posted on 06/12/2009 12:48:57 PM PDT by brytlea (Jesus loves me, this I know.)
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To: LottieDah
Stephen Baldwin's Home In Foreclosure

And, his career's in the toilet at the same time. What are the chances??

5 posted on 06/12/2009 12:49:02 PM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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To: LottieDah

He took out a mortgage of how much on a $515,000 house?

Thats insane


6 posted on 06/12/2009 12:49:09 PM PDT by GeronL (http://libertyfic.proboards.com <----go there now,----> tyrannysentinel.blogspot.com)
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To: prismsinc

The Obamamessiah should have told Alec that he is his brother’s keeper!


7 posted on 06/12/2009 12:49:41 PM PDT by rom (Obama '12 slogan: Let's keep on hopin'!)
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To: Puppage

Lou Diamond Philips seems to be the only adult on that show.

He has a new show coming out on the SciFi Channel too.


8 posted on 06/12/2009 12:50:01 PM PDT by GeronL (http://libertyfic.proboards.com <----go there now,----> tyrannysentinel.blogspot.com)
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To: GeronL

I’m sure the refi company told him it was worth $12 million during the bubble. ;-)


9 posted on 06/12/2009 12:50:14 PM PDT by rom (Obama '12 slogan: Let's keep on hopin'!)
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To: LottieDah

Photo of the house here:

http://www.zillow.com/blog/stephen-baldwin-losing-home-to-foreclosure/2009/06/12/


10 posted on 06/12/2009 12:50:32 PM PDT by Abigail Adams
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To: GeronL

Just because he is born-again doesn’t mean he is good with managing his money.


11 posted on 06/12/2009 12:52:59 PM PDT by LottieDah (If only those who speak so eloquently on the rights of animals would do so on behalf the unborn)
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To: Abigail Adams

I have probably drive by the house countless times taking a short cut from my family’s house to the Tappan Zee Bridge. Nice Victorian home on the hillside with probably a view of the Hudson River and the TZ Bridge.


12 posted on 06/12/2009 12:54:13 PM PDT by C19fan
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To: Abigail Adams

Wow, that’s a whopper!


13 posted on 06/12/2009 12:55:06 PM PDT by GnuHere
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To: LottieDah
I feel bad for Stephen he seems like a good guy. His first problem is the house is in NEW YORK. Maybe AREC will help him out.....Too bad his BIO-DOME money is probably run out.....
14 posted on 06/12/2009 12:55:08 PM PDT by jakerobins ( NO)
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To: Abigail Adams

wow! nice little shack he had there!


15 posted on 06/12/2009 12:55:52 PM PDT by Coachm
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To: LottieDah
Nobody said the Christian life is a cake walk.
16 posted on 06/12/2009 12:58:03 PM PDT by newgeezer (It is [the people's] right and duty to be at all times armed. --Thomas Jefferson)
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To: Abigail Adams

17 posted on 06/12/2009 12:59:59 PM PDT by newgeezer (It is [the people's] right and duty to be at all times armed. --Thomas Jefferson)
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To: Abigail Adams

Looks like a lovely historic home. Says it was built in 1850.


18 posted on 06/12/2009 1:00:32 PM PDT by DJ MacWoW (Make yourselves sheep and the wolves will eat you. Ben Franklin)
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To: newgeezer
Beautiful home.

He must have taken out a line of credit against the loan. So sad.

sw

19 posted on 06/12/2009 1:03:57 PM PDT by spectre (Spectre's wife)
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To: C19fan

During the winter..the driveways off 9W in Peirmont are lots of fun...


20 posted on 06/12/2009 1:07:36 PM PDT by ken5050
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