Stephen Baldwin Loses Home to Foreclosure

Stephen Baldwin Loses Home to Foreclosure

Stephen Baldwins House Nyack, New York State

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Stephen Baldwin and his wife are soon to lose their Old Mountain Rd. home in Nyack, New York State to foreclosure!

The pair bought the property back in 1997 for the small sum of $550,000. In 2006 they decided they wanted to up and move and put the house on the market for €3.4million - a little more than they paid for it, and no surprises it didn't sell.

The story in brief is that Baldwin and his wife, Kennya, defaulted on paying $824,488.36 to a US mortgage holder, Bankers Trust Co. and now face losing their 1.4-acre acre home because they failed to cough up the cash.

Their property will go up for public auction on June 24th at Rockland County Court.

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