TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

'Real Housewife' Loses House, Still a Wife

8/11/2009 10:45 AM PDT BY TMZ STAFF

Lisa Wu-Hartwell needs a "Big Poppa" of her own ... the real housewife of Atlanta just lost her real big house in Atlanta.

'Real Housewife' Loses House, Still a Wife
TMZ has learned Hartwell and her husband, former Oakland Raiders linebacker Edgerton Hartwell, were booted from their multi-million dollar Georgia mansion last week -- after the couple defaulted on their loan and the bank sold it shortly after.

Hartwell's rep tells us the couple was in talks with the lender to restructure the loan because the home had lost value -- but that failed. They originally bought the place for $2.9 mil back in 2007 -- but the bank only got $1.9 mil when they resold it this month.

The rep says "Ed and Lisa are fine. They have settled in their [new] home, that sits on 10 acres and they OWN it!"

84 COMMENTS

No Avatar
16.

I Will Take Being Born White Any Day - Thats Worth Much More To Me, #6    

Translation: "They have settled in their new pre-fab home that sits on 10 beautiful acres next to the chicken processing plant."

1717 days ago
17.

Jess    

Fake rich people. The second Real Housewife of alanta to loose their home. Why? They do not pay their bills!
They live beyond their paychecks.

1717 days ago
18.

GrandmaDynamite    

TESTICLES

1717 days ago
19.

Investor46    

These folks are certainly NOT rolling in money.

The husband is a broken down football player who hasn't received an NFL check in 2+ years.

Lisa supposedly runs a bunch of businesses- though the only one we ever really hear about is her real estate business- news flash, folks- she ain't making big money selling real estate in Atlanta these days. She also declared bankruptcy in 2007, so its a safe bet she doesn't have piles of money laying around.

I'll bet they do NOT own the new home outright, but even if they do, they'll be in trouble soon- he's making no money, and has ZERO chance of ever playing in the NFL again (he wasn't all that good even before his body broke down). She's not going to make big money in real estate.

If they continue to live flashy lifestyles with little or no income, they'll be bankrupt soon...

Oh, and even if the bank can't come after them for the $1,000,000 difference between the value of the short sale and the mortgage amount, the IRS will hit them for hundreds of thousands of dollars in taxes on the sale (money that I'm 99.999997% sure they don't have)- and the IRS doesn't mess around- they'll take everything they have to get that money.

Here in Texas, we call these folks "all hat, no cattle"- they live flashy, but don't have a dime in the bank.

1717 days ago
20.

Jazzy    

Does it really matter, bottom line they obviously weren't making their mortgage payments and it ended in a Short Sale. So how is it we're suppose to believe that they are much happier (since if you saw the last show where they seemed to be enjoying that big beautiful home and were getting ready to 'make a baby' and hubby cooked dinner & all) now that they are forced to live in another lesser home that most likely isn't quite as grand as the one they had? Yeah right, who would want to be booted out of their home, no matter if it's a mansion or an average home? What BS. Should be interesting to see how Bravo will show this. From riches to rags! 'Livin it up in the double-wiiiiiiiiideeeeeee!' I have to say, this is a nice couple but the show portrays these people to have endless money, which obviously is not the case. How about showing the REAL and true average American who doesn't live extravagantly and busts their butts to have what they have? Because seriously, this is a slap in the face to all the people that are har dworking and trying like heck to keep their homes and support their families! Enough with this phoney show already!

1717 days ago
21.

Linda Mott    

People should not live beyond their means. I owe nothing and charge nothing. I think most of the time they are still paying for things that they no longer own. Treat yourself once in a while but if you dig yourself into a financial hole, you will have to climb out yourself. These people need to impress others and that's just silly.

1717 days ago
22.

doc murry    

i hope they all get cancer and die

1717 days ago
23.

John PInko    

Wow, amazing, who would have thunk it!

RT
http://www.anon-web-tools.net.tc

1717 days ago
24.

Unexpected    

Okay for those bad mouthing Lisa and Ed's situation need to first think that she's a Real Estate Broker (hence she knows how to handle the business and financial ends and outs of Real Estate) so letting the house go into Foreclosure was the best option for them. Think about it from a practical point! Why pay for something that has no more value or cost less than what you originally got it for? Some people take news and run with it! Can we say get a real life? Broke people can't buy a house on 10 acres of land and have it be PAID FOR IN FULL!!!!!

1717 days ago
25.

CelebrityDigsHQ.com    

Comment #15 was hysterical! TMZ: please note that Duluth, GA, is NOT Atlanta, GA. None of these Atlanta Housewives actually lives in Atlanta.

1716 days ago
26.

chicagogal11    

If they can't afford payment on their former house- the only way they could get a loan on a new house would be through a loan shark or illegal means.
If they had the cash to buy a new house then they could have made their mortgage payments on their former house.
What a bunch of baloney
Pretend people.

1716 days ago
27.

Bash a Pap    

#8 Kelly -- "ANOTHER PROOF ATLANTA IS NOTHING BUT THE GHETTO!!!"

You are nothing but a fool. You judge an entire city based on these classless women Bravo specifically picked because they knew they would be good TV?

Trust me stupid, simple, sad little Kelley, Atlanta is full of extremely wealthy people who would not be caught dead on this show because they have way too much class. Not that you would ever be able to discern real class.

1716 days ago
28.

kassandra    

I like Lisa. She appears to be the only one with a good head on her shoulder. Although this is embrassing, it will pass. Edgerton, get a job PLEASE.

1716 days ago
29.

Goodness Sakes!!    

On the last episode, Lisa and Ed were trying to conceive a child! LOL!!! So, out of all the remaining ATL "Housewives", singer/songwriter Kandi Burruss (the new ATL Housewife) is the ONLY ONE who actually owns a home!! Kandi, lives in a simple (but nice) home, and she even commented on how she budgets and doesn't overindulge. The rest of the ATL Housewives are a hot ghetto mess!! ROFLMAO!!!

1716 days ago
30.

blackgirlwhiteguy    

Bravo more than likely rented the new house to keep up the appearance of wealth and prosperity. No one would be willing to tune in to watch a bunch of broke ass housewives. The network is propping up these “characters” for the sake of ratings. They're probably all living in rented houses with rented furnishings. There’s nothing real about reality television.

1716 days ago
Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6 | Most Recent | Next 15 Comments

Around The Web