No one wants “Real Housewives” stars’ $100 home at auction

Couple found guilty of mortgage fraud

The waterfront home of Teresa and Joe Giudice, stars of the Bravo series “Real Housewives of New Jersey,” went with absolutely no bids despite an opening bid of only $100. Per Page Six:   

Last year it was announced that the couple was sentenced to federal prison for a bankruptcy and mortgage fraud scheme.

Teresa Giudice was sentenced to 15 months in prison for her part in the scheme, while Joe Giudice received a sentence of 41 months, with an additional 12-month sentence to be served concurrently.

According to the article form Page Six, the two owed $348,000 on the home to HSBC Bank.

A spokesperson for the Ocean County Sheriff’s Office said not a single person bid on the Jersey Shore property, which features four bedrooms and was completely renovated after Hurricane Sandy.

However, there is a catch.   

If the bank accepts a bid, the buyer has to cough up 20% on the spot, either in cash or certified check, an article in TMZ reported when the sale of the house was announced.

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