Love loses house in forecosure / No bids made on home bought for Corbain's famil
OLYMPIA, WASH. - Courtney Love lost the historic bungalow she bought in the late 1990s to a Los Angeles mortgage company after a foreclosure auction generated no bids.
WMC Mortgage filed a lawsuit last year in Thurston County Superior Court, seeking foreclosure after Love stopped paying the bills.
The debt on the house totaled $386,000, which includes court costs, sheriff's fees and interest, said sheriff's Sgt. Dan McLendon.
Love, widow of Nirvana frontman Kurt Cobain, bought the property in 1997 for Cobain's family.
Love stopped paying the mortgage in December 2003, court documents say. The house had been occupied by Cobain's sister, Kim, who moved out before the auction.
The house, built in 1903, is on 13 acres bordering Capitol Forest in Littlerock, about 10 miles north of Olympia. It is one of the last remaining structures from the town of Bordeaux, which was demolished in 1941, according to county records, and is listed on the local historical inventory.
Cobain, who committed suicide in the couple's Seattle home in 1994 at age 27, lived in Olympia during Nirvana's early years.
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ShortSale Testimonial
Accepted: $772,000
Time to Negotiate: 17 Days
Dear Vinh Truong
I want to deeply personally thank you for helping stop the foreclosure 7 days before auction on August 3, 2010. I hired another company last month and they could not promise me what you did for us in days. I am glad we switch over the the best in the business. I owe $1,190,000 to Onewest Bank and over $120,000 to 7 other contractors which filed M&M liens on this property. I you said what you can do, we will love you forever, get rid of the liens and help me sell this house!!
Natalia Fields
