Linda and Hulk Hogan have been battling over a Vegas condo she wants and he doesn't. Now, they both lose.
Before Linda filed for divorce, they plunked down $840,000 as a downpayment on a $4.2 million condo. When she filed, Hulk wanted out of the deal but Linda wanted to seal it.
The divorce judge sided with Hulk, but we're told the seller will only return around $200,000. The rest is being kept as a penalty for not closing -- it's called liquidated damages.
We're not sure if the Hogans will fight to get some of the forfeited money back. We're hearing Linda and Hulk each wants the other to absorb any loss.
Bottom line -- the lawyers, as always, are gonna win.
Celebrity Justice9/18/2008 4:09 PM PDT BY TMZ STAFF
Hulk and Linda -- Officially Screwed
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Reader Comments
(Page 1 of 3) | 1 | 2 | 3 | Most Recent | Next 15 Comments3.
No apostrophe needed for lawyers. You all really need better editors.
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4.
If she wanted the condo so bad, she should have sealed it with her own money then.
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5.
Hulk has said time and time again that he would gladly lose that whole down payment not to have to close, so I think he will see it as a win. he gets 50% of that $200,000.00 so in the end he will walk away with something.
Congrats Terry!
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7.
Linda is such a bitch!! How the hell many houses does that whore NEED anyway, and SHE didn't WORK a day in her life for ANY of it/them!!! What a user she is....get a job you freaken loser whore baby raper!!!!! TO HELL WITH ALL HOGANS....THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!THROW BROOKE OFF VH1!!!!
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8.
Oh well! You play with fire, you will get burned! Keep on workn' Hulkster, because Linda isnt the only one YOU WILL HAVE TO PAY OFF! Grazianos....remember them!!????
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9.
This is what happens when two people, who supposedly used to love each other, don't put their differences aside and work together so each can get what they want and be on their merry way. Instead, with all of this acrimony, they are not only going to lose a lot of money, and end up hating each other for a long time. Its sad.
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10.
I think this whole divorce thing is a big fat LIE! They are only doing it so that the family of the guy that their son practically killed can't get that much money from them. Watch, after that family settles, the hulk and his she hulk will magically "reconcile".
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11.
..well of tht $200,000, half would go to each..but at the end of the day, the lawyers should continue with their clients du jour, cause they will have at least 50% of it, if not more, bon apetite , must be good to be a lawyer !
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13.
$640K down the drain. Simply because these 2 are such white trash idiots. I bet that money could have really made a difference had it gone to John Graziano's medical care. Or any charity for that matter. The Bolleas are the biggest losers around. I wish them nothing but continued loss of revenue for years to come.
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14.
#12.... What you are missing is that the condo was worth sooo much less than asking price. The loss of some kind was going to happen either way. That is why Terry didn't care if he lost the whole amount. The market crashed after they signed contract, it would have been a greater loss if he had stayed in the deal. I know he thinks of John's family daily and is trying to get this divorce over with as easily and cheaply as possible. It is Linda who is making it cost so much and take so long.
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