May 11, 2011 9:54 pm
I received the following email:
Melissa is a complete faker. Worse than Teresa b/c she never even intended to live in her “dream house.” It was a construction model her husband built, and they are staying there (illegally) until their construction loan balloon payment becomes due next year. They want to look rich for Bravo, but they plan on bailing on their house and moving to LA when it’s due next year (to pursue 31-year-old, mother of 3 Melissa’s dream of being a “pop star”).
To build their “dream house,” Joe & Melissa Gorga got a “construction loan” — meaning a short-term loan to build the property to sell it for profit to a buyer, what builders do. It’s not a mortgage. You’re not supposed to live in your own house. It’s totally scamming the system. They had the house up for sale, but when they got cast on RHONJ, they pulled it so they would look like they were rich (they are not!) Next year, Joe & Missy will have a $2 million balloon payment due! They can’t pay it and are screwed!
The proof is in the public records:
(A link to the Morris County Real Estate records was included; however, the link did not work. I did find the information from the link and can verify its accuracy. Actually, the balloon payment of $2.25 million is due July, 2012 Update: Missy and Joe Gorga modified their mortgage and a balloon payment is not due in July. Their mortgage payment will be $15,000 a month.)
Tax liens on Melissa & Joe Gorga’s house: http://www.docstoc.com/docs/63027719/Paterson-Nj-Tax-Liens (There are liens also from the fireplace installer and garage door installer totalling approximately $30,000.)