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Whitney Houston foreclosure troubles
By Stone Martindale Nov 16, 2006, 16:06 GMT
Singer Whitney Houston's New Jersey abode allegedly will be seized and sold because she owes more than $1 million in mortgage payments and unpaid taxes.
The sale is scheduled to take place on January 4th, after being authorized this week by the Morris County Sheriff's Office.
A lawsuit was filed by the service agent for the mortgage holder, Chevy Chase Bank, in June of this year.
Houston, if the seizure goes through, will only lose one of two properties that occupy her estate bought in 1987 for $2.7 million, the home valued at $889,300. Her adjacent house is valued at $5.6 million.
The 43-year-old Houston denies the foreclosure is happening.
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