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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