Former Beverly Hills 90210 star Brian Austin Green is letting his LA-area home slip into a “strategic foreclosure,” according to foreclosure.com.
Green’s home is located in the Cahuenga Pass neighborhood of LA — just above Hollywood Hills. TMZ reports that Green took a $2 million mortgage with SunTrust Mortgage in 2006, but Green fell behind on payments and owes $71,251.42 as of January 26, 2010. As a result, SunTrust has begun foreclosure proceedings.
However, Green’s rep this is part of a calculated plan in which Green is trying to sell the house via a short sale. Either way, Green is evidently not making payments and is trying to sell his house. Green reportedly had the house on the market for most of 2009 for $2.3 million.
Read more about strategic foreclosures.
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