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Stephen Baldwin's Foreclosed NY Home to be Auctioned Off   Message List  
Reply | Forward Message #11736 of 11746 |
RE: [The_Apprentice] Re: Stephen Baldwin's Foreclosed NY Home to be Auctioned Off

http://www.people.com/people/article/0,,20285302,00.html?xid=rss-topheadline
s
excerpt:
Denying a recent report that said Baldwin's 1.4-acre property outside N.Y.
city is being put up for public auction on June 24, Brad Taylor, Baldwin's
representative, says that's not the case.

"Stephen is presently going through a legal situation regarding his mortgage
and that situation is still in process. No auction will be happening and all
things related to this matter are being handled by his legal
representation," Taylor tells PEOPLE.com
- Vickie Bane


"There will come a time when you believe everything is finished. Yet that
will be the beginning."-- Louis L'Amour



<http://geo.yahoo.com/serv?s=97359714/grpId=10123616/grpspId=1705036273/msgI
d=11735/stime=1245257829/nc1=3858793/nc2=5758223/nc3=5522130>




[Non-text portions of this message have been removed]




Thu Jun 18, 2009 5:03 am

redriverridg...
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Message #11736 of 11746 |
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NEW YORK – Actor Stephen Baldwin's foreclosed home in the suburbs north of New York City will be publicly auctioned. Baldwin paid $515,000 for the 1.4-acre...
George
xslider.geo
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Jun 13, 2009
10:01 pm

I don't particularly like Stephen Baldwin and thought he came off as a goof on Celebrity Apprentice 1, and kind of an arrogant jerk on the hotel task on...
gad
geead7
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Jun 14, 2009
5:39 pm

That is very very sad!!! I don't know why he couldn't afford a %50k home to begin with??? There was a time when he was making 500k a picture. It makes you...
drakingson
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Jun 16, 2009
4:16 pm

Maybe he just made a business decision to let the house go. A smart person might simply stay in their house as long as possible and then, upon eviction, either...
Marg
redriverridg...
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Jun 16, 2009
5:02 pm

Take what $850K?  You mean the $824K that he OWES?  He can't do anything with money that he doesn't have, that's the reason he's in foreclosure in the first...
gad
geead7
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Jun 16, 2009
5:18 pm

You are right in that it is "over $824,000" and not $850K. However, regarding the rest you are making the assumption that he does not have the money to pay...
Marg
redriverridg...
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Jun 16, 2009
6:04 pm

Everyone owes more on their house than it's worth.  That's the nature of borrowing.   In the article, does it say that Baldwin made this "business...
gad
geead7
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Jun 16, 2009
6:16 pm

All of this is speculation since we don't know first hand what Stephen's financial situation is. He could owe more on the house than it is worth and more than...
drakingson
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Jun 17, 2009
4:56 pm

http://www.people.com/people/article/0,,20285302,00.html?xid=rss-topheadline s excerpt: Denying a recent report that said Baldwin's 1.4-acre property outside...
Marg
redriverridg...
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Jun 18, 2009
5:02 am
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