Last year it was NeNe Leakes and her bogus real estate guru husband Greg. This year it was faux fashion designer wannabe, Sheree Whitfield, and now it’s Lisa Wu’s turn to face reality after faking prosperity on a fake reality show.
According to TMZ.com, Lisa Wu Hartwell and her husband, former Oakland Raiders linebacker Edgerton Hartwell, lost their multi-million dollar Duluth home to foreclosure.
Apparently, the Hartwells got into their home using one of those creative financing deals that were so popular years ago when the housing market was booming. But then the housing bubble burst and the Hartwells were forced to plead with their mortgage lender to restructure the deal. But if they read the AJC business section (since they’re all up in it) then they should have known that bankers aren’t trying to hear that these days: they want their money.
The Hartwells bought the plush mansion for $2.9 mil in 2007, but the bank lost a cool mil when it was resold this month for $1.9 mil. So the Hartwells have now moved on to much smaller rental digs, and hopefully Ed is looking for a job to help pay the rent or we’ll be talking about them again when they get evicted.