Teresa Giudice's Shore Home Auction a Bust

Would you buy Teresa Giudice’s jersey beach home for $100? Because that was the starting price of the home as it went to auction. We know we certainly would, but apparently the rest of the world would not. The Giudice's summer shore home was put on the auction block with a price tag starting at $100. But, no one bid on the home. Teresa’s lawyer said in a statement that the 5 bedroom home was purchased as an investment before there were issues in the real estate market, and before hurricane sandy caused significant damage. He also said the home has no real value left, other than sentimental. Since no one bid on the summer abode, the mortgage holder bought it back and can relist on the market.

• 2015-08-20T16:24:38+00:00
• Duration: 00:46

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