Back In Debt? Kody Brown Unable To Sell Vegas Homes, Drops Thousands On New Houses
Jan. 18 2019, Updated 4:26 p.m. ET
Kody Brown has dropped hundreds of thousands on property and homes in recent months after moving his family from Nevada to Arizona. After a history of financial issues, RadarOnline.com can exclusively reveal the Sister Wives stars may find themselves back in debt!
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The family has had trouble selling their Las Vegas homes. Janelle’s home remains on the market for $649,000 since October 9, 2018. Christine’s home remains for sale as well for $639,000. She even cut the price by $10,000 on November 1.
Meri’s home, which was purchased in 2013 for $447,017, remains off the market. The same goes for Robyn’s abode, which she bought on December 21, 2012 for $455,039. They continue to pay mortgage on the homes.
As RadarOnline.com reported, Kody bought undeveloped property in Flagstaff, Arizona for $820,000 on June 1, 2018. Kody and wife Janelle’s parcel of land cost $170,000 for 2.42 acres, while Kody and Robyn also put down $170,000 for 2.42 acres of land. The third parcel, which Kody shares with Meri, cost $180,000 for 4.48 acres. Janelle is also listed on the property. As for Christine’s property, which Robyn is also listed on along with Kody, $300,000 was paid for 5.16 acres of land.
In the meantime, Kody is living in a $520,000 three-bedroom home, which he shares with wife Christine. He purchased the Arizona home on September 1, 2018.
As for Robyn, who is Kody’s only legal wife, she rented a $1,225,859 home on June 14, 2018. She is paying $3,500 per month for the 7-bedroom abode.
Janelle is paying $2,900 per month for her $374,000 rental, which boasts three bedrooms and two-and-a-half bathrooms.
As readers know, the Browns, who have 18 children all together, have had financial issues over the years. On June 6, 2005, Kody and Meri filed for bankruptcy, owing creditors $229,873.49. The case was closed on December 7, 2007. They were ordered to pay $187,885.74 to creditors, trustees and attorneys.
Janelle filed for bankruptcy in 1997, owing creditors $20,387,02, while Christine filed in 2010 for $25,712.14.
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In a trailer for the upcoming season, Meri asked her husband and the wives for money for a down payment for her bed and breakfast. “The money, we just don’t have it,” Kody said, as Meri responded, “I don’t need you guys!”
Do you think the family will be in financial trouble again? Sound off in the comments.
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