"Real Housewives of New Jersey" star Teresa Guidice's home is reportedly facing foreclosures as she serves time in prison. Radar Online has reported that Teresa and Joe, both 42-years-old, have taken their main residence off the market and is letting the home go into foreclosure.
According to sources, "Teresa and Joe are planning to let the house go into foreclosure," shared Radar and that in addition, multiple individuals have confirmed that the RHWNJ are going to let the bank seize the residence.
The Towaco Lake house was initially placed on the market for nearly $3 million, by February with no buyers, the price was slashed to $500,000 and to date, no offers have been made. The home spans over 10,000 square feet and has luxurious amenities including six bedrooms and six bathrooms.
The news of the foreclosure come at the heel of last week's report that Joe was spotted with another woman and is involved in a relationship outside of his marriage with Teresa. InTouch reported that photographic evidence confirm that Joe has been cheating with another woman.
"It's really sad," revealed a source to the publication. "Joe knows Teresa will never leave him. It's this sick connection they have where she feels like she can't be without him."
Eyewitnesses claim that Joe had been engaging in PDA at a restaurant with another woman and curiously spent 20 minutes alone together in a hotel suite.
Currently, Teresa sits behind bars on a 15-month prison sentence for bank and wire fraud. She began her sentence in January and is currently serving time at the Federal Correctional Institution in Danbury, Connecticut. Upon Teresa's release, Joe will then service his 41 month sentence.
Real Housewives of Now Jersey
While Teresa is in jail, the show must go on. Even though the reality star is the longest-running cast member in the show, it seems Bravo may push forward with a new season without its star.
According to NY Daily News, Bravo is looking to replace Giudice with Traci Lyn Johnson, the wife of Tiki Barber.
"They don't know where it stands with Teresa doing the show or not doing the show or when she's getting out," claimed an insider. "So they're prepping for either way. Anyway, they need to shake up the cast - last season's cast was terrible."
What are your thoughts on the foreclosure and the show? Share your thoughts below!
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