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.
Well call me Ms Cleo cause I just told my classmates last night as they were going on and on about Lisa being the only one to have “real” money I wouldnt be so sure about that lol I can’t wait until I have class again I feel an I told you so in my spirit right about now :yea:
So why was she acting like she didn’t want Ed to play, when clearly they NEEDED Ed to play? It takes a while before you get into foreclosure, sure hope they paid cash for those cars. I guess she’ll drop the custody case with Keith Sweat…
Damn, this economy is killing people ESPECIALLY realators and mortgage brokers…..with Ed out of work, Im sure Lisa opted to move into a home that could be afforded on a fixed income, I don’t blame them, they did what they had to do….Im not going to trash them for that.
I agree with KaraZ…Ed really NEEDED to play!!!
@Krysi I won’t trash anybody that looses their house
Not a good feeling. I hope they were smart enough to save money before the house was actually sold.
Good Morning yall
Sandra, guess that title you throw at them is coming into form.. Real housewives of foreclosure.
I don’t think she didn’t want him to play more so than she didn’t want to leave ATL. But him not playing was not by choice. I hate to see anyone lose their home. Especially one with children.
But
On the other hand they be on tv fronting HARD!!!!
Guess NeNe aint her neighbor anymore. Did yall hear that Kandi is suing NeNe for choking her out??
@ Daisy you’re still in school? I thought you took mid terms, finals or is it Summer school?
@Ice Kim filed charges against Nene for choking her out not Kandi
I am still in school its summer qtr I have class on Mon/Thurs. I will graduate March 2010
sad
they had to know it was coming though.
you would think they would be loaded with money since he was playing football. everything isnt always what it seems. OBVIOUSLY
@Krysi I won’t trash anybody that looses their house
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yea especially since Lisa tried to work, she was the most independent housewife on the show. NOBODY ELSE EVEN HAD A FUKKING JOB, before Kandi came along, so BRAVO Lisa, you had a good run, there is nothing wrong with regrouping. She probably hasn’t sold a house in a while….commission aint what it used to be with houses going for a “milli” less than what they were brought for….poor thang, they didn’t even get any equity outta that house. Shyt is really fukked up over her in the US.
Noooooo not Kim
I really hoped that they would’ve worked out their friendship, smh. It bet not had been because of that darn Sharee.
March 2010 is right around the corner
Good Luck.
This also happened to Iyanla Vanzant and she is an attorney and top selling spiritual author.
@Daisy Im like your classmates, I really thought she and ed were the only ones with the “real money’ too, Ed better get his ass a job coaching or something.
Did yall see MTV teen cribs? and the lap of luxury Big Poppa is livig in….Even with the scraps Lee throwing Kim, I see why they (NeNe,Lisa and Shree) hate on Kim so bad this season. She the only one who ain’t been forclosed on…
KANDI IS THE ONE WITH REAL MONEY, AS SHE LIVES MODESTLY.
@Peachizz
Depending on a man, has never had a happy ending. Especially depending on a MARRIED man. Don’t count her out so soon…and selling wigs ain gon’ pay that leased Bently car note.
ALOT OF PPL IN BLACK HOLLYWOOD TEND TO INCREASE THEIR LIVING ARRANGEMENTS AS THE INCOME INCREASES WITHOUT PLANNING FOR VICE VERSUS.
well this is on TMZ: TMZ has learned Hartwell and her husband, fo rmer Oakland Raiders linebacker Edgerton Hartwell, were booted from their multi-million dollar Georgia mansion last week — after the bank foreclosed on the place and 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!”
INCREASE THEIR LIVING ARRANGEMENTS AS THE INCOME INCREASES WITHOUT PLANNING FOR VICE VERSUS.
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alot of Blk Hollywood have invested in REALESTATE as a back up income….if people ain buying, the PLAN fails. Kandi has also invested, lets hope she doesn’t see hard times because of it…cuz its been a while since she wrote a hit record or went platinum. THE ECONOMY IS FUKKED OVER X100…nobody is immune.
I was wondering how Lisa and Ed would spin this so now they own 10 acres good for them if true
@Ice thanks I should have gotten my masters right after undergrad my mama knew what she was talking about but of course I knew better lol
Daisy Says:
I was wondering how Lisa and Ed would spin this so now they own 10 acres good for them if true
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Everybody says they “own” something until the bank comes and takes it.
The rep says “Ed and Lisa are fine. They have settled in their [new] home, that sits on 10 acres and they OWN it!”
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so they paid for it cash, no financing?
Krysi Said
THE ECONOMY IS FUKKED OVER X100…nobody is immune.
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*cough, cough* sneeze a-choo
If they find a cure please have someone write me a Rx….. if its allowed under the new healthcare reform.
UNSURE OF THE CHECK THAT KANDI GETS BUT SHE WILL ALWAYS HAVE A CHECK COMING IN FROM THE ALBUMS/SONGS SHE WROTE….ASCAP.
IF ED GOT AN 8 MILLION DOLLAR SIGNING BONUS IN 2004 (AS THEY SAY) HE SHOULD’VE PAID FOR HIS HOME THEN. UNLESS, THEY TOOK OUT A SECOND MORTGAGE… WHICH IS WHY ALOT OF PPL LOSE THEIR ALREADY PAID FOR HOMES.
O WELL, CONGRATS TO THEM IF THEY BOUGHT ANOTHER ONE. THAT’S MATERIAL POSSESSIONS ANYWAY. WHAT MAKES IT SO BAD FOR THEM (RHOA) IS THAT THEY ARE SHOWCASING THIER LIVES LIKE THEY ARE SO RICH, ETC…. WHEN IN REALITY THEY (SOME)ARE LIVING BEYOND THEIR MEANS. BLACK HOLLYWOOD…
new healthcare reform.
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AND THIS SHYT DON’T MAKE IT NO BETTER….LMAO @ Isc..
…we about to be Knee deep off in some shyt, with 3 more years to GO!
okay if they so broke, why he riding her about having another baby. Nicca please get your mortgage right. I do not understand why even do a real housewives of ATL, when no one owns a house but the one they kicked off. They are making a complete mockery out of the ATL and I don’t like it. I rep the A all day and there are really people with money who are living nice. Like Big Boi wife, Frank Ski wife, Ryan Cameron wife, be for real Bravo get your game right. Oh I agree with Kandi mom, she needs someone who will complete her not give her competition. She really has to think about her little girl and those other kids because problems will arise and jealousy will be there from the other kids because their mom is not holding like Kandi.
BUT SHE WILL ALWAYS HAVE A CHECK COMING IN FROM THE ALBUMS/SONGS SHE WROTE….ASCAP.
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so will CRAIG MACK, for “New Flavor in Your Ear”…. but I doubt it does anything for his cost of living….the funny thing about money is its constantly running out, its your responsibility to keep it coming in.
@ontaya I don’t think any of the hubbies you mentioned would have gone for it. I know they wanted Chuck Smiths wife but she turned them down and Frank would NEVER let Tonya put their personal biz on TV. Not sure about Ryan though. I love when he sits in for Frank! I do agree they could have found some wives who have REAL money here in the A.
Krysi J Says:
AND THIS SHYT DON’T MAKE IT NO BETTER….LMAO @ Isc.. …we about to be Knee deep off in some shyt, with 3 more years to GO!
We were knee deep in shyt with Bush for 8yrs and lived to tell about it. Praise God for being a PROVIDER!
29 Krysi J Says:
BUT SHE WILL ALWAYS HAVE A CHECK COMING IN FROM THE ALBUMS/SONGS SHE WROTE….ASCAP.
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so will CRAIG MACK, for “New Flavor in Your Ear”….
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That’s the fuc it. I’m done
PLS QUOTE ME IN ENTIRETY…..
I BELIEVE THAT KANDI WILL BE OK… LET HER BE GREAT!!! LOL
BRAVO – DIDN’T SHOW INTEREST IN OTHER CANDIDATES BECAUSE THEY WOULDN’T GET THE SAME DRAMA. IT’S A (UN)REALITY SHOW, REMEMBER….
We were knee deep in shyt with Bush for 8yrs and lived to tell about it. Praise God for being a PROVIDER!
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AND WE STILL knee deep in shyt, and gon’ stay knee deep in shyt, cuz Obama ain no miracle worker. Hell I don’t like neither one of dem MFs, I’ve come to the conclusion that Clinton was the BEST black president we’ve ever had….and no I don’t give a damn what yall think about it, so save dat shyt, Im done wit dat dude.
I BELIEVE THAT KANDI WILL BE OK… LET HER BE GREAT!!! LOL
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THEY ALL CAN BE GREAT… YOU INCLUDED.
I BEEN GREAT SINCE 1979.
I’ve been DA SHYT since 81′ babe, I was great before conception.
Its all good doe…*salute*
Lisa knows it gets greater later, she was married to Keith Sweat and ended up in a fukked up situation, I’m sure she’s been thru worse and still overcame, so you are right “THEY ALL GREAT”
I always hated when ppl referred to Bill Clinton as black. You are right Obama is NOT a miracle worker and he never said he was anybody who thought that lied to themselves and Obama did NOT create the mess we are in. My econ teacher broke it down in class Clinton gets props cause he was the President but he really had very little to do with the 90s economy he just lucked up and was Prez at the right time.
Hell I don’t like neither one of dem MFs, I’ve come to the conclusion that Clinton was the BEST black president we’ve ever had….and no I don’t give a damn what yall think about it, so save dat shyt, Im done wit dat dude.
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>>>>>>>>>here<<<<<<<<<<<
Clinton gets props cause he was the President but he really had very little to do with the 90s economy he just lucked up and was Prez at the right time.
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your teacher sounds like a hater….
, how da fukk a nicca just LUCK up and be president at the right fukking time…Daisy u reaching. Well, if thats the case I guess that also makes Clinton the SMARTEST MF PRESIDENT, cuz he didn’t have to do shyt in the 90’s and he made it LOOK GOOD! Bravo Clinton
….thats one baAADD should’ve been “BLACK” MF.
>>>>>>>>>here<<<<<<<<<<<
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welcome to the club, “we got jackets”…Im thinking about selling t-shirts how does “fukk Obama & Bush whole presidency” sound? Nah….
no creative enough.
My Prof is a world known economist who worked with Daddy Bush and Clinton(as well with foreign countries) so she knows what she is talking about. I liked Clinton as President but it is what it is Obama is President and that is fine by me. I serve God so im good either way. I survived Bush and I will survive any other President as well.
I survived Bush and I will survive any other President as well.
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We agree on one thing at least. Which is why I don’t give props to anybody who don’t deserve em’, if we didn’t have a GOD to provide, we wouldn’t have whats LEFT of the economy now. 12 yrs…..and even if Obama doesn’t get a second term (which he WON’T) we could still get another president who will make matters even WORSE…so you’re right its all GOD. However Clinton did his thang….8 YEARS straight, effortlessley (with nothing to do I guess :shrugs:)
Aww sorry to hear about Ed and Lisa. I hope they rebound. Now Ed/Lisa and DeShawn/Eric, I’m thinking Bravo thought they were genuine RH material but NeNe, Sheree, and Kim were there strictly for dramatics not income. If they would’ve made the show about the REAL everyday lives of these women then the money issues wouldn’t be a big of deal as it is.
Black people love to tear each other down. I’ll give us that. We can’t wait to step on, judge, and tear each other a part for falling down.
According to the bank documents this was a short sale not a foreclosure. There is a difference. I just thank God I am still in my home. This economy is jacked up.
@shunda thanks for that update
TMZ is reporting they got word that the Hartwells own the new place. This is what comes of living above your means. It looks like this man has nothing left of his football money. Sad, but common with many of these guys and their high maintenance trophy wives.
I wish they would find some people in ATL that have the money and means to be on this show. This is not a good look for the city AT ALL!!!!
Bird, he should still have some $ from his pension …well that depends on how long he played he may not have much in there
WAIT WAIT WAIT
WHO’S BIG POPPA!!
Go to TMZ miamore and scroll down on the second or third page…you’ll see a video from mtv teen cribs posted about his kids. His name is Lee something? Anyhoo, its obvious that he living like Donald Trump or something over there. I guess if your going to be a selfish homerecking whore at least make sure Daddy’s rich.
I bet DeShawn and her hubby still have their home.
^^^^and I bet they are shaking their heads at all this…
Bravo knows what they’re doing, its funny that all the black folks on RHOA seem broke and the other housewives don’t have money issues all they seem to do is bytch about the good life
well i wont knock them cuz there are far too many people who have lost their homes. what i would like to know is if you’re given millions of $$$ up front as a signing bonus, y not pay cash for a house? yes, cash for a house.
ed’s not even playing ball right now, and doesn’t sound like he will be any time soon. if you pay cash for a crib, it’s forever yours. call it unwise or whatever but you give me millions up front, im paying cash for a house. it may not be a million $$ crib, but i will outright buy a house, free and clear of a mortgage.
this is unfortunate, and as said several times already, y was Lisa acting like she didn’t want him to play ball? now that, i am confused about. 10 acres…probably in newton or buford somewhere in a sensibly priced home.