For an update on the properties of the Real Housewives of the OC, click on “Update to Real Housewives in Default.”
This post is actually an update to our post “Real Housewife Short Sale“, but the new title seemed catchy.
It looks like the Barneys, Simon and Tamra, bought/closed escrow on 3 Pointe Circle on September 8, 2005. Just a hair over four years later, 9/14/09, a notice of default was recorded on the property for an amount of $41,841.
According to Foreclosure Radar, there exists a 1st mortgage for @1,240,000, a 2nd mortgage for $77,500, and a 3rd mortgage for $77,500. My calculator adds that up to $1,395,000. And yes, the Barneys engaged in the usual litany of refi’s and HELOCs.
Folks have told me that the “stars” of Real Housewives of the OC are paid for being on the show and paid well. Maybe some of you have the scoop on how much. But, it would appear that celebrity does not pay the bills, or at least not reality show celebrity. Maybe real celebrity does, I dunno.
I am going to leave the rest of the snark and cheapshots up to you, our dear readers. Tamra makes it much too easy to go off here and I will be writing all night once I get started, so I leave it to you. Give it your best shot, the cheaper the better.

cotoagent
October 10th, 2009
Real Housewife of Coto Roll Call:
Tamra Barney-Bankrupt!
Jeana Keough-Bankrupt and added points for husband in jail!
Slade Smiley-Bankrupt!
Tami Knickerbocker-Bankrupt!
Lauri Waring-Kid in Jail!
Vicki Gunalson aka “porky pig” – Pending… Bankruptcy sure to come soon!
C Delroy Spuckler
October 10th, 2009
@cotoagent
Curious why you say Vicki is “sure to come”…?
Also, slight difference between getting a NOD and being bankrupt. To my knowledge none are bankrupt. (Maybe the Knickerbockers at one point filed for it… they seemed to imply this on the show, but that was a long time ago)
You also forgot… Lynn got Das Boot as well
At least one Real Housewife is currently sitting pretty to the tune of $2.5mil
C Delroy Spuckler
October 10th, 2009
That being said… Tamara is the hottest housewife.
FYI
October 10th, 2009
Just a thought for these “difficult times….” Maybe Tamra, Lynne, Slade, and nearly all the rest of the extended RHOC bunch could move into Jeana’s large home to “triple- or quadruple-up” in order to “share expenses” and save her home….eh? Bravo and CBS could also merge their productions of Real Housewives of Orange County with Big Brother House to share costs as well…… Lock the Real Housewives of Orange County into Jeana’s home for an extended period – and watch those viewer ratings soar….!
cdcrez
October 10th, 2009
@FYI
Good ideas, all.
C Delroy Spuckler
October 10th, 2009
Merge it with supernanny as well so you can have some overbearing judgemental fat British lady critiquing them as well.
Maybe vote one out each week and the winner gets a loan mod and principal reduction from bravo. Or do some product placement and let quickenloans.com give them a new loan.
nokidding
October 11th, 2009
All this bad news is enough to make Tamra run out and get “naked wasted” on Simon’s “boutique tequila”.
Karma may be a bit**, but she sure plays fair.
C Delroy Spuckler
October 11th, 2009
Just pray I keep active on my mortgage
Coto Girl
November 9th, 2009
She refinanced and is not in trouble right now.
wes
December 26th, 2009
Tamra and the rest of the back stabbing wives, need to worry about there own lives and worrywhats going on in there lives. Vickie thinkss she is the momma of all and she wants to control everthing. Tamras just a little puppet beid hr,trust Vickie will push her under a moving car so fast Tamra would never know what hit her. And then blame it on Grechen. Shes such a fool. And they so wish they could hook up with Slay.