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'Octomom' faces eviction from Calif. home; Owner says she owes $450,000 payment

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The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 11:57 AM
Original message
'Octomom' faces eviction from Calif. home; Owner says she owes $450,000 payment
'Octomom' Faces Eviction From Southern Calif. Home
'Octomom' faces eviction from Calif. home; Owner says she owes $450,000 payment

The man who sold his Southern California home to "Octomom" Nadya Suleman said Sunday that he's going ahead with eviction proceedings because she hasn't made a long overdue $450,000 payment.

Amer Haddadin said he'll evict Suleman if she and her lawyer Jeff Czech don't pay the balance on the house by Friday. A balloon payment was due Oct. 9.

"I think they have money, but they are hiding the money," Haddadin said.

Suleman and Czech were served notice on Dec. 2 by mail and by hand, Haddadin said. He expects the eviction to be speedy.

Suleman and her 14 children have lived in the 4-bedroom house for nearly two years, ever since she brought her octuplets home to the quiet cul-de-sac in La Habra, about 25 miles east of Los Angeles. Her father purchased the home for $565,000, including a $130,000 down payment.

http://abcnews.go.com/Entertainment/wireStory?id=12481161
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LeftinOH Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:00 PM
Response to Original message
1. Her fertility doctor should be helping her out financially -for the long term; he's responsible
for all these kids in a way that even the cuckoo Octomom herself isn't.
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Richardo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:03 PM
Response to Original message
2. So they financed $435K and her balloon was $450K?
Sound financial planning. :^/
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Vickers Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:17 PM
Response to Reply #2
6. I don't even understand what "balloon" means...is it some kind of weird mortgage?

:shrug:
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:20 PM
Response to Reply #6
7. Balloon mortgages are the zero-down, pay next to nothing loans
Edited on Mon Dec-27-10 12:21 PM by SoCalDem
that USED to be issued to people who had not quite sold their existing home or who were building a home.. they were betting that when the balloon payment came due, they would have money to put down and re finance to a REAL mortgage..a conventional one.. Bridge loans are also for short periods of time, and you better have the money when they come due..

and many time, people who were "flippers" used this type of financing, since it freed up their money to fix up a place, sell it for a profit and pay off the balloon loan..

with a shitty housing market balloon mortgages are deadly..
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Vickers Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:24 PM
Response to Reply #7
11. Ahhh, thanks for the explanation SCD.
Looks like she bet the farm and didn't even have a plow.
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LynneSin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 02:11 PM
Response to Reply #2
19. I suspect she was thinking she'd have some sort of TV Reality show to cover the ballon
so why bother with normal financing.

*FAIL*
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petronius Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 02:15 PM
Response to Reply #19
20. Yeah, but who could have predicted that cranking out 8 kids at once wasn't a solid career move?
:shrug:
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LisaL Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 02:26 PM
Response to Reply #20
24. Might have worked if she wasn't single with
six kids already.
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Myrina Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:04 PM
Response to Original message
3. ... she was up for eviction/foreclosure a couple years ago too ..
:wtf:
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:11 PM
Response to Original message
4. A grifter, grifting? I am SHOCKED!
Edited on Mon Dec-27-10 12:13 PM by SoCalDem
How long would a single mom get away without paying for her rent?

It's not the guy with the house's fault that she has FOURTEEN KIDS under 9..

The whole "buying the house" deal was nonsense.. she could not afford it, and no one would have offered her a real loan.. She thought that people would step up and buy her a house with all the donations that would flood in.... wrong-o-octo

as of 2009
Octomom's Kids: All 14 of Them
7-year-old Elijah Makai Solomon (boy)
6-year-old Amerah Yasmeen Solomon (girl)
5-year-old Joshua Jacob Solomon (boy)
3-year-old Aiden Solomon (boy)
2-year-old Calyssa Arielle Solomon (girl, twin)
2-year-old Caleb Kai Solomon (boy, twin)
Newborn Noah Angel (boy, octuplet)
Newborn Maliyah Angel (girl, octuplet)
Newborn Isaiah Angel (boy, octuplet)
Newborn Nariyah Angel (girl, octuplet)
Newborn Makai Angel (boy, octuplet)
Newborn Josiah Angel (boy, octuplet)
Newborn Jeremiah Angel (boy, octuplet)
Newborn Jonah Angel (boy, octuplet)


I feel so sorry for all those kids:(
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remember2000forever Donating Member (594 posts) Send PM | Profile | Ignore Mon Dec-27-10 12:47 PM
Response to Reply #4
13. Geez, How Do You Ever Call Those Kids To Supper With Those Names
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Hawkeye-X Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:14 PM
Response to Original message
5. Octomom can move to Alaska.
I'm sure Sarah the Insane has plenty of room in her shack.
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:20 PM
Response to Reply #5
8. they should ask for help
on Palin's Alaska ... :puke:

:kick:

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proud2BlibKansan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:22 PM
Response to Reply #5
9. Especially since Kate Gosselin wasn't interested
LOL
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Little Star Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:23 PM
Response to Original message
10. Boo Hoo!
I feel bad for those kids because she is a selfish idiot imho.
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cbdo2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:42 PM
Response to Original message
12. Vivid adult videos has offered to get her out of this mess....and she doesn't even have to be
on film. They offered her $500,000 to just direct a porn film, I don't know maybe she did have to be on film, but not having sex on film. She should totally do this and be done with it.
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LisaL Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 02:06 PM
Response to Reply #12
16. Oh come on. Who is going to pay 500,000 $ for her
to direct a porn film without having sex in it?
Sounds like total nonsense.
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 12:52 PM
Response to Original message
14. Can't Congress bail her out?
Or isn't she connected?
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 01:16 PM
Response to Original message
15. So she has not paid anything since her father paid the down? Who
did she think was going to pay for it?
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LynneSin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 02:10 PM
Response to Original message
17. When will the state of California wake up and take those kids away from her
That woman will be costing the state of California millions of dollars in services over the next 18 years. She clearly has serious mental issues since she took what little money she had and used it on plastic surgery (and getting more fertility treatment even though she had 6 kids already).

I would suspect 14 kids would be easy to find homes for or at least the 8 youngest ones
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delightfulstar Donating Member (402 posts) Send PM | Profile | Ignore Mon Dec-27-10 02:10 PM
Response to Original message
18. She chose her fate....
She had chances to do things other than shop, and have surgery to try to look like Angelina Jolie, and willingly have 14 children as a single mom. Now she's risking their future, and that's a horrible thing to do to those innocent kids. She didn't make smart choices, so I honestly don't have a lot of sympathy for her.
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LisaL Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 02:22 PM
Response to Reply #18
22. I would say this was more than "willingly," considering the
Edited on Mon Dec-27-10 02:22 PM by LisaL
octoplets were IVF, and she already had six children at home, her having that many children was on purpose.
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Stinky The Clown Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 02:19 PM
Response to Original message
21. What does it say that this was reported in the *Entertainment* section?
Please count my vote in the "Who cares?" column.
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fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-27-10 02:23 PM
Response to Original message
23. I'm Sure Sarah Palin will help her out financially
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