Deon Derrico, YouTube

Deon Derrico Loses 2nd Home To Foreclosure, What Now?

Doubling Down With The Derricos, News, Reality TV, TLC Shows

Doubling Down With the Derricos star Deon Derrico is experiencing financial troubles once again. He’s now going through foreclosure on his second home. Keep reading to get all of the details revealed so far about the situation.

Deon and his wife, Karen, have 14 children. So, they have lots to manage and pay for. On their TLC show, fans have gotten a peek into all that goes into raising 14 kids under one roof.

Now that they are losing their second home to foreclosure, their lives will be affected in many ways. So, what is going on and what will they do now?

Deon Derrico, Instagram

Deon Derrico loses his second house to foreclosure.

The Sun exclusively reports that Deon Derrico’s second home is in foreclosure. If you didn’t know, he’s in real estate and owns several properties. His company is called REEC Enterprises.

The most recent home lost to foreclosure has four bedrooms and two bathrooms and is located in North Las Vegas. It was purchased in 2012.

Auction.com estimates that the house costs around $526,000. The debt total is $415,414. It’s now scheduled to be auctioned off on August 26. The starting bid on the property is $230,000.

Deon Derrico Instagram
Deon Derrico Instagram

One of Deon Derrico’s other Las Vegas properties was foreclosed on as well. It looks like the home did not sell and that it was purchased by the bank. The first home to be foreclosed on is the one that the family lived in while on TLC.

What’s next for the huge family?

It’s unclear what Deon Derrico and his family plan to do next. They haven’t officially said anything about the foreclosure themselves. Of course, because it affects the family’s financial situation, they will have to find another way to pay the bills and provide for their large family. This is likely a scary situation for the family.

Doubling Down With The Derricos
Credit: TLC

Deon does still own other properties, as The Sun noted. So, they aren’t completely out of options. But foreclosure is obviously bad news, especially with so many mouths to feed. Hopefully, the Derricos will be able to navigate this and make a decision about their next steps.

So, does it shock you that Karen and Deon Derrico have now lost two homes to foreclosure? What do you think the future holds for this large family? Share your thoughts in the comments section below. And come back to TV Shows Ace for more news about the Doubling Down With the Derricos stars.

Aubrey Chorpenning

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1 Comment

  1. Not shocked at all! There is a lot you don’t know about the Derrico Family! One lie after another! Shocking on how TLC will continue to allow the family to film. In the end, the truth will come out for all to see. The water is boiling! How hot will that water get? I know! Stop watching them, and it ends people!

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