From Riches To Rags: A Gallery Of Huge, Multi-Million Dollar, Ballerific Cribs That Have Been Foreclosed On

- By Bossip Staff Categories: Did You Know, For Your Viewing Pleasure, Get Your Life Together
The economy might be making a comeback, but times are still hard, and even the filthy fawking rich have bills to pay. When it comes to luxury items a house might be the most expensive item that one could purchase, but when you have a yacht, a summer home, 4 Maybachs, 2 Rolls-Royces, it gets expensive to maintain your lifestyle. When the mortgage ain't paid, the bank is a-comin', rich or not... Flip the page and peep some of the most beautiful homes that the upper 1% couldn't afford to live in. Images via Engel & Volkers/Sotheby's/Caldwell Banker Burnet/La Jolla Estate Homes/Keller Williams/The Jacobs Team/Kentwood Real Estate
Newport, R.I. Asking price: $7.9 million
Palm Desert, CA Asking price: $3.5 million
Orono, MN Asking price: $6.25 million
Monterey, CA Asking price: $3.99 million
Laguna Beach, CA Asking price: $18 million
La Jolla, CA Asking price: $5.9 million
Cherry Hills Village, CO Asking price: $4.6 million

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