Screech from "Saved by the Bell" in Foreclosure
The
Associated Press is reporting that actor Dustin Diamond from television's "Saved by the Bell" is selling T-shirts to help bail his home out of foreclosure.
"Diamond, 29, is trying to sell nearly 30,000 shirts – at $15 or $20 (autographed) each – to supplement the income he makes as a standup comic so he doesn’t have to move from his Port Washington home, about 25 miles north of Milwaukee."
This is different from your
typical foreclosure because it doesn't involve a lender foreclosing on a defaulted loan; it involves a landowner foreclosing on a land contract, according to the
Milwaukee Journal-Sentinel. And Diamond has to come up with around $250,000 to avoid the foreclosure.
Any advice from you investors out there if the T-shirt sales don't work out?