Posted: 3:48 a.m. Friday, Sept. 20, 2013
By Julia Wayne
It’s been a rough couple years to be a Lohan, and it seems only to be getting worse for mama Dina Lohan. The Long Island Press reports that 51-year-old Dina is facing even more legal troubles, just eight days after she was arrested for a DWI. Dina is behind on her mortgage for her $1.3 million home on LI, and lenders are moving on a foreclosure!
According to the Long Island Press, JP Morgan Chase, Dina’s mortgage lender, filed a foreclosure lawsuit on August 28, citing that Dina “has failed to comply with the conditions of the mortgage … by failing to pay portions of principal, interest or taxes, assessments, water rates, insurance premiums, escrow and/or other charges.”
And this isn’t the first time Dina has been in trouble over the property. In 2005, she faced foreclosure, managing to stay out of trouble until 2011, when she refinanced the mortgage. Then, in fall 2012, she had to borrow $40,000 from Lindsay to keep the house from going into foreclosure. Still, there has apparently been movement from the other side against Dina since February 2013.
Should she fail to comply with the bank’s terms — or raise an agreed upon sum, perhaps from her famous kids — the case may go to trial, which could lead to Dina losing her house. The Press reports that the bank’s attorney refused to comment and Dina’s rep could not be reached.
Meanwhile, Lindsay was spotted last week looking at a $14,500 per month Greenwich Village townhouse. The recently outta rehab starlet ogled the two-bed, two-bath duplex, which boasts an “ornate spiral staircase, coffered ceilings, and a shared garden.” If Dina can’t shore up her financial woes, will LiLo make up an extra bed for her?Source: Long Island Press