Mischa Barton's 90210 foreclosure mess
It isn't easy being a teen star, especially after the money stops rolling in. Mischa Barton is finding that her working years post-The O.C. are challenging and she might have to find a new, more affordable place to live.
According to TMZ, the 28-year-old actress was just hit with a default notice on her Beverly Hills, California, mansion. She reportedly owes $100,000 in back mortgage payments. Since she has not paid a large amount on the home for some time, the bank has begun the foreclosure process.
Barton bought the house in 2005 for $6.4 million at the height of her fame. It's quite an impressive abode, featuring eight bedrooms, 11 bathrooms and three guest houses on 1.2 acres of land.
She took out a $4.2 million mortgage on the property. After she was killed off her hit series in 2006 and her career slowed down, she tried to sell the house for $8.695 million in 2010. Barton didn't find a buyer the first time around, nor the second time, when she re-listed it in 2011.
In 2012, she attempted to lease the mansion out for $35,000 a month, but that didn't entice anyone to jump at the property. At this point, the actress must work out an agreement with the bank or get current with her payments as soon as possible. If not, she faces losing the property in foreclosure.
In the past few years, Barton has been splitting her time between Los Angeles and a home in London. It is unclear whether she owns or rents her U.K. home.
The Sixth Sense star has multiple projects listed in pre and post-production on IMDb, but most of them are small-budget films. It's going to take a big contract to dig her out of her 90210 mess.