- The Derrico family’s four-bedroom, three-bathroom home in North Las Vegas currently is in foreclosure and has been scheduled for an auction sale, according to an exclusive article Tuesday by The Sun
- Deon, 50, and Karen, 41, along with their children star on Doubling Down With The Derricos and the home has been featured since the show’s premiere in August 2020 on TLC
- An auction for the home has been scheduled for September 1 at 9am with opening bids for the 2,321-square foot house starting at $430,254
- Doubling Down With The Derricos earlier this month concluded its second season on TLC.
Deon and Karen Derrico face foreclosure on the Las Vegas home they share with their 14 children after a mediation attempt failed.
The Derrico family’s four-bedroom, three-bathroom home in North Las Vegas currently is in foreclosure and has been scheduled for an auction sale, according to an exclusive article Tuesday by The Sun.
Deon, 50, and Karen, 41, along with their children star on Doubling Down With The Derricos and the home has been featured since the show’s premiere in August 2020 on TLC.
Facing foreclosure: Deon and Karen Derrico face foreclosure on the Las Vegas home they share with their 14 children after a mediation attempt failed
A petition for foreclosure mediation assistance was filed by Deon in March 2020 after the home he bought in 2015 went into default in February 2020, according to court papers obtained by The Sun.
The filing was to provide a ‘remedy of last resort for the homeowner to avoid foreclosure and loss of his/her home’ via a mediation process involving the owner and lender.
A mediator was assigned, but a loan modification was unable to be agreed upon and negotiations ended.
Deon filed a complaint last February against US Bank National Association claiming the foreclosure sale to be conducted on or about March 12, 2021, had an ‘improper’ date.
He then sought a temporary restraining order to prohibit the foreclosure sale, but the court denied the motion.
An auction for the home has been scheduled for September 1 at 9am with opening bids for the 2,321-square foot house starting at $430,254.
The Sun previously reported exclusively that Deon and Karen have filed for bankruptcy five times in the past.
Reality stars: Deon, 50, and Karen, 41, along with their children star on Doubling Down With The Derricos and the home has been featured since the show’s premiere in August 2020 on TLC
Doubling Down With The Derricos earlier this month concluded its second season on TLC.
Deon was previously charged with 13 counts of fraud in June 2014 and pleaded not guilty at his arraignment.
He was found not guilty on most charges after the case went to trial in 2018 and the court ordered a ‘mistrial’ on the remaining counts after the jury was ‘deadlocked’.
Second season: Doubling Down With The Derricos earlier this month concluded its second season on TLC