Aaaaand another one bites the dust!
The Real Housewives of Orange County's Peggy Tanous isn't just the latest addition to the franchise, she's also the latest addition to the growing trend in the reality series for the castmembers whose home has gone into foreclosure!
Apparently, the BAC Home Loans Servicing, U.S. Bank National, and PNC Mortgage are trying to kick the reality star and her family out so they can sell the $1.3 million property, but now she's suing THEM, claiming that they didn't honor a loan modification agreement!
According the legal documents, Tanous and her husband Micah began to experience financial troubles due to the economy, and got behind on the monthly payments on their two loans, and Orange County property taxes. She claims, however, that they negotiated a payment plan and are abiding by it on all three cases, but the banks are now not honoring that!
The lawsuit reads:
“(Tanous) is determined to keep the property. It is her family's home, and she does not want to lose the Property in a foreclosure sale."
Well, we hope that for the sake of her family, that the lawsuit is accurate!
But if not, we imagine it will be time to find a new family home!
Times are tough, gurl! We'll keep our fingers crossed for you!
[Image via WENN.]
Tags: bac home loans servicing, foreclosure, home, lawsuit, peggy tanous, pnc mortgage, property, real housewives of orange county, us bank national