Real Housewives of Atlanta star Porsha Williams’ fiancé Simon Guobadia suffered a huge loss as part of a real estate deal gone south.
According to court documents obtained by Radar, a Florida judge has ordered $200k Guobadia put down as a deposit be turned over to the homeowner after the deal fell apart.
As Radar first reported, back in August, a woman named Suzy Levy sued Porsha’s fiancé and a company named Sunbelt Title Agency.
The suit was filed in Florida court.
Levy claims Guobadia agreed to purchase her 7-bedroom, 9-bathroom, 7,078 sq. ft. three-floor Fort Lauderdale home for $5.8 million. He allegedly agreed to pay a $200k deposit.
In court, she claimed to have turned in all the fully executed seller documents to the closing agent. It was around this time that she says things started to go south with Guobadia.
Levy accused the businessman of failing to pay the remaining balance of the purchase price. She was furious that he defaulted on the deal despite her being ready to unload the property.
As a result, Levy demanded the $200k deposit — that was being held by the third party — be turned over to her. Williams’ man denied defaulting and demanded mediation.
“The buyer is in default of his obligations under the Contract and has materially breached the contract by, among other things (a) failing to purchase the property in accordance with the terms of the contract, (b) failing to close the transaction contemplated by the contract on or before the closing date, and (c) refusing to permit the escrow agent to pay the deposit to the seller despite prior demand,” the suit read.
The court record reveals Guobadia never filed an official response to the lawsuit. As a result, the judge entered the default judgment ordering the $200k to be turned over.