If you can, imagine Fran Fine from The Nanny saying these words, "Oh my gawd..." because that's the voice in my head when I read that Real Housewives' Teresa Guidice is losing her New Jersey mansion to foreclosure.
The table-flipping mother of four, who was shown moving into the palatial, marble-laden manse during the first season of Bravo's The Real Housewives of New Jersey, is behind in her mortgage and DLJ Mortgage Capital filed papers in Superior Court of New Jersey this week to begin foreclosure.
How is this possible? During the show, Joe was paying for everything in cash. The hundred dollar bills were being distributed like they were singles in a strip club. Joe was making it rain.
Perhaps the recession has actually hit the New Jersey millionaires, the same way it has the ladies in Atlanta -- who've also been moving to avoid foreclosure -- as well as Orange County.
Teresa was one of the more colorful New Jersey wives, especially when she lost it at the "last supper" with the group and flipped the table because of Danielle's actions. It was such an extreme moment that Bravo reran it over and over again. Teresa became known as table-flipper Teresa. Now, if they foreclosure happens, she'll be known as the table-flipper, foreclosed upon Teresa.
No, seriously, it's not funny that the Guidices might lose their home. It was a lot more home than they needed and it looked like they were throwing their money around, but there's nothing fun about foreclosure. I'm sure when the show resumes in 2010, Teresa will have a lot to tell us about what happened.
Update: According to the NJ.com, it's not Teresa's mansion that's being foreclosed upon, but another Guidice property five miles from the house. Therefore, there will be no table-flipping or flipping out over this business.
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