Kyle Kennedy speaks out.
Seems like the family home of Kristin Cavallari has been foreclosed!!!
Whomp, whomp! Guess even being a reality landmark couldn't save this piece of property!
The massive mansion was sold at a public auction for $6.11 million last month, though it had been listed for $13.95 million back in 2009!!
Looks like the fam lost the house because Papa Cavallari failed to pay up over $7 million he owed!
Banks don't mess around…especially when you're rich!
We're sure he can dig up the money somewhere! Ha!
[Image via Paul Rodriguez/The Orange County Register.]