“Real Housewife” Tamra Barney Selling OC Home as Short Sale

Update (2/24/10): If you’re wondering about the status of Tamra Barney’s home, which was described as being sold in a short sale, it appears that her home is in escrow and will close on Friday, Feb. 26, according to Lansner on Real Estate. If the sale somehow falls through at the last minute, it is scheduled to be sold in a foreclosure auction on March 10. Stay tuned!

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Update 1/8/10: Add divorce to Tamra Barney‘s world after her husband, Simon, filed for divorce this week, citing infidelity. Tamra has reportedly moved out of their home at 3 Pointe Cir, Ladera Ranch, CA and into an apartment. The home, which was listed as a short sale back in November, has a status of “accepting backup offers,” according to SoCALMLS.

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Original post:

It pains me to write this, but it appears some of the “Real Housewives” are, indeed, just like the rest of us. They foreclose on their homes (shout out to Lisa Wu Hartwell and Sheree Whitfield of Atlanta, and Jeana Keough in the OC) attempt to sell their home in a down market (Danielle, that’s you, Jersey girl) and face eviction when they don’t pay the bills ( tsk tsk, Lynn Curtin).

The latest Real Housewife drama centers around Real Housewife of Orange County drama queen Tamra Barney. The reality TV diva (and self proclaimed “hottest housewife in Orange County”)  listed her home located at 3 Pointe Cir, Ladera Ranch, CA 92694 for sale last November for $1.6 million with the intention of selling the property and pouncing on one of the many bargains in the OC area.  Barney said more privacy was another motivation to move. She and her husband are raising four kids and feel their current neighborhood, Ladera Ranch, offers little in the way of security against folks wanting to occasionally gaze at a celebrity’s home.

Unfortunately, the original plan to sell for a gain failed. Barney reduced the price of the home nearly 30% to $1,149,000 and the home is now in escrow under contract as a short sale. The family purchased the property in September 2005 for $1.3 million. Tamra Barney is a real estate agent and listed the property herself. According to the listing description, the Tuscan-style 5-bedroom, 5.5-bathroom home boasts many semi-luxurious amenities such as a gourmet kitchen, saltwater pool, and a spa with waterfall.

***The fifth season of the Real Housewives of the Orange County airs Thursdays @ 10 PM (E/P) on Bravo.