‘Teen Mom’ Catelynn & Tyler Deal With Home Foreclosure
Just because people appear on reality TV shows does not mean they are all wealthy. This is more than real regarding the cast of Teen Moms. While some stars have been able to leverage good deals and have plenty of money now, others are still struggling. Catelynn Lowell and Tyler Baltierra almost lost their house.
Here is what you need to know about the foreclosure on their Michigan home.
Teen Mom Catelynn Lowell And Tyler Baltierra Almost Lose Home
Catelynn Lowell and Tyler Baltierra have been struggling somewhat with their home in Michigan. The Teen Mom stars were trying to sell their former family home for an asking price of $454,900. The listing was in September 2023, and the home never sold.
Tyler Baltierra bought a second home in his name, and the couple still needed to sell their historical home, which was built by Great Lakes Sea Captain George W. Smith. Catelynn Lowell’s brother, Nick, said that they had some tax money to pay and that they had to borrow some money from their kids’ bank accounts.
This turned out to be true. A Certificate of Forfeiture of Real Property was filed in March 2024 by a Michigan Register of Deeds Office. On March 1, 2024, the property was forfeited to the Sanilac County Treasurer for non-payment of property taxes for 2022.
The couple had until March 31, 2024, to pay what they owed, or they would lose the home. They put the house up for sale, which would give them what they needed, but no one was willing to pay their asking price.
Teen Mom Catelynn And Tyler Save The Home
The good news is that they saved the home and stopped the foreclosure. Court papers obtained by The U.S. Sun reveal the full owed tax amount of $5,297 was paid off on August 2.
When they couldn’t sell the home for $454,900, they dropped the asking price to $449,900 in December 2023. By September 2024, they had completely removed the home from the market. They bought the house in 2017 for $220,000. The house has preserved its historical integrity over the years and sits on 15 acres of land.
However, they still don’t live in that house. Instead, the Teen Mom stars live in a $435,000 four-bedroom, four-bath mansion on six acres. The property also includes a barn, cabin, and pond. Despite this, Catelynn and Tyler always seem to have financial struggles.
In 2019, they had a federal tax lien for $321,789. They paid it off in 2023. They had two other tax liens for $535,010, which they paid off in 2021.
What are your thoughts on the Teen Mom stars constant money problems and struggles to keep up with their tax payments? Are you surprised that Catelynn and Tyler almost lost the house? Let us know your thoughts in the comments below.
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I’m actually not surprised really…they didn’t really seem to have any sense of financial responsibility at all.
They seem like two little kids who get their ‘pocket money ‘and can’t wait to spend it on whatever !
They were forever having ‘ideas’ about new’ buisness ventures’ that never came to fruition (after they poured God knows how much money in to them).
They were constantly going on vacations , the rehab that Catelynn constantly ‘needed’ must have cost a fortune- also paying for Butch’s rehab….
They just constantly blew money on unessesary and basically needless crap !
Cate goes out and buys a horse -but doesn’t ride….nor does she look after the horse !
Tyler has a very expensive car, they both have tattoos ( that aren’t exactly cheap)….they don’t seem to do anything except stand around in their kitchen eating junk food and basically just talking crap whilst the kids run amok with Tyler and Catelynn completely oblivious to their behaviour…..
so ,no, I’m not surprised they nearly lost their house !
I’m not begrudging how they spend their money….but pay your bills first !
Not everyone is ” good with money.” I don’t know what they have done with their money, nor is it any of my business. Maybe they should look into a good financial advisor. But make sure that it is a reputable one. I love Caitlyn and Tyler. I just think that if they’re having this much trouble, maybe someone should help them out. It seems like, with all of their family troubles that they have had growing up, they have had to learn everything on their own. I’m rootin’ for them!
how and where does one get a tax lien of $500K and then magical finds $500K, that’s half a million dollars, to pay off said lien, that’s more then the cost of the house!??
They should have a financial advisor, so this doesn’t happen.