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Friday, October 15, 2010

Octomom Wards Off Foreclosure


Octomom Nadya Suleman on October 13 made two outstanding monthly payments on her house and saved it from foreclosure.

In addition, her attorney, Jeff Czech, obtained an extension on a $450,000 balloon payment outstanding since October 9 from Amer Haddadin who sold the house to Nadya.

Nadya bought the La Habra house that she is currently staying in with her children from Amer in March 2009 for $565,000. The title of the house was transferred to her father.

Nadya and her dad were required to pay $4,139 every month for one year followed by a balloon payment of $450,000.

In April 2010, after Nadya and her father defaulted on installments, the title for house was transferred to Harmony Enterprises, Inc., a company owned by Jeff Czech.

Jeff renegotiated the mortgage payment on the house and got a six month extension on the balloon payment.

Amer told TMZ on October 14 that he had a "very constructive meeting with" Jeff on October 13 during which Jeff handed him checks for the outstanding monthly installments.

Amer and Jeff are now in the process of negotiating a new deadline for the balloon payment.

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