Mischa Barton could lose house
"O.C." star Mischa Barton could lose her house after missing mortgage payments
Los Angeles: "O.C." star Mischa Barton could lose her house after missing mortgage payments.
Mischa Barton. Pic/Santa Banta
The actress' eight-bedroom Beverly Hills mansion worth over $8 million, has been placed in foreclosure after she failed to keep up with her mortgage repayments for the last five months, leaving her $100,000 in arrears, reports femalefirst.co.uk.
Barton might lose her lavish property unless she works out an agreement or brings her payments up to date soon.
The 28-year-old bought the property for $6.4 million, taking out a loan of $4.2 million, in 2005 and she has been trying to sell it since 2010.
The Spanish-style property was first put on the market for $8.695 million and then relisted after a brief break but after it failed to sell both times, she put it up for rent for $35,000 a month last year, though it is unclear whether she had any interest.
The mansion was then put back up for sale with the same price tag.