Stephen Baldwin's foreclosed home to be auctioned

[Hot Mega]

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 home in Rockland County in 1997. In 2006, he tried unsuccessfully to sell it.

County filings show Baldwin and his wife Kennya defaulted on more than $824,000 in payments to mortgage holder Bankers Trust Co.

http://news.yahoo.com/s/ap/20090612/ap_en_tv/us_people_stephen_baldwin

The same guy who also said these statements;

"He's playing politics," said Baldwin, who was also upset with the allegedly astronomical costs of Obama's inauguration celebration ("Give it to the homeless")

and;

If John McCain was anything, said Baldwin, he was honest, unlike Obama. "I'm not cool with the fact that this guy has sold the American people a promise," said Baldwin. "I believe this guy has made America a promise, and he had his fingers crossed behind his back." Still, Baldwin said he's praying for Obama and his family, and wants him to be successful. "I just don't believe that he means what he says."

http://blogs.villagevoice.com/runninscared/archives/2009/01/stephen_baldwin.php

Well I guess we see where the "homeless" point comes from since he's apparently the guy with the history of making promises with his fingers crossed behind his back..:1orglaugh

You just can't make this stuff up...

 

[Legzman]

rich and can't pay your bills. You've gotta be fuckin kidding me

 

[Neutron66]

Where is his god now?

 

[Shvichal2]

He won't be poor for long. Sound like this could be turned into yet another crappy reality tv series.

 

[Ray Ecks]

You would think his brother Alec would step in and help him out.

 

[titsrock]

What kind of douchebag takes out such a huge loan on a property? What was he trying to do--fix it up and flip it?

Does he have a coke habit that he took out a huge loan to finance?

There has to be more to this story than just poor real estate decision making.

It's a shame that this douchebag has to stink up a brilliant movie like The Usual Suspects....

 

[Hot Mega]

What kind of douchebag takes out such a huge loan on a property? What was he trying to do--fix it up and flip it?

Does he have a coke habit that he took out a huge loan to finance?

There has to be more to this story than just poor real estate decision making.

It's a shame that this douchebag has to stink up a brilliant movie like The Usual Suspects....

Nah, he's obviously one of those "inner city minorities" who bought more home than he could afford because the government forced the bank to loan him the money.:rofl2:

 

[titsrock]

^
Word!

 

[D-rock]

I think ol Stevey there is about to move down from C-list to D-list celebrity. Or maybe he's already D-list and is about to go down even further. I can't keep track of what Baldwin is who. :1orglaugh

 

[Jane Burgess]

I think ol Stevey there is about to move down from C-list to D-list celebrity. Or maybe he's already D-list and is about to go down even further. I can't keep track of what Baldwin is who. :1orglaugh

He would be the D-list one.

 

[TwatDetective]

Alec Baldwin is the better Baldwin.

 

[Dean Wormer]

Methinks Stephen Baldwin spent too much money fighting the adult bookstore in his town.

 

[jibbijib]

I'll buy it for 20 bucks.

 

[titsrock]

Methinks Stephen Baldwin spent too much money fighting the adult bookstore in his town.

Are you serious? Do people still do this in our country?

 

[Dean Wormer]

Are you serious? Do people still do this in our country?

Story is right here.