Tuesday, March 9, 2010

UPDATE: Jeana Keough

Everyone can breathe a sigh of relief because according to the Orange County Register, Real Housewife of Orange County Jeana Keough has once again pulled a real estate rabbit out of a foreclosure hat.

Last week Your Mama discussed and dissected the impending foreclosure and scheduled auction of Miz Keough's hulking house behind the gates of the upscale Coto de Caza development in the blistering hot inland area of Orange County, CA. The property had been on the market in the summer of 2009 with an asking price of $5,500,000 but as recently as last weekend, Miz Keough had her 7 bedroom and 8.5 pooper property on the market with a substantially reduced asking price of $3,900,000.

However, according to Miz Keough, after much cajoling, finagling, harassing and calls to HUD, her congressman and the Governator's office she managed to get her lender Citibank to not only call off the foreclosure and auction but to restructure her damn mortgage to an amount that she can afford during this time of economic upheaval and reduced circumstances.

The children can say what they will of Miz Keough and her profligate ways, but bee-hawtcha is nuthin' if not tenacious and resourceful when it comes to saving her house. She also says in the article that things are going well for her and that she starts filming next week, which can only mean that she's returning for the next installment of the reality tee-vee trainwreck that is The Real Housewives of Orange County.

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