Whitney Faces Foreclosure

Anna Nicole Smith is not the only one to be thrown into the street. Singer Whitney Houston is also reportedly facing foreclosure on her New Jersey home that she bought in 1987 for the sum of $2.7 million because she is behind with various payments for it, amounting at about $1 million.

The estate comprises two lots and, if the auction takes place as scheduled on January 4th, she will lose only one of these, more precisely, the one estimated at $889,300. The second lot was valued at $5.6 million and the singer will get to keep it, provided she continues to pay the mortgage and the taxes for it.

In June, the service agent for the mortgage holder, Chevy Chase Bank, sued the diva for the unpaid taxes, but she still failed to comply. After the matter was forwarded to the higher instances, the auction was authorized by the Morris County Sheriff's Office.

The only chance that Whitney has of avoiding foreclosure is that of reaching an understanding with the Sheriff's Office. But, this far, her publicist, Nancy Seltzer, denied the reports of the forced auction, in an interview with the Associated Press. Calls to the Sheriff's Office were not returned immediately.