Undoubtedly, caring for 14 kids in a family requires a lot of effort. Viewers of Doubling Down With The Derricos know the family for their struggles in taking care of the children. However, the Derricos have faced all the ups and downs together. Viewers have watched the family grow over the years. Now, they are ready to reign over the TV screens with their entraining storyline in a new season. Deon and Karen Derrico share 14 children and have stayed strong through it all. Recently, there were updates about Deon owning two properties after his foreclosure struggles. In which house does the family reside?
Doubling Down With The Derricos: Deon Derrico Officially Owns Two Homes In Las Vegas After Foreclosure Struggles?
Viewers have a lot of appreciation for the Doubling Down With The Derricos stars. They are more interested in their lives now as the family is about to return with the brand new season. Recently Thesun revealed the details of their brand new property in Las Vegas. Deon Derrico’s real estate firm, Reec Enterprises LLC, bought it back in March. So, he purchased this 2,076 square feet house in Las Vegas. It has two bathrooms and four bedrooms suitable for 14 kids. Reportedly, Dean Derrico is the official owner of the place. It has an estimated value of $419,000. In April, Deon and his business also acquired possession of another big house with there being 14 kids in the family.
The new house has four bedrooms and four bathrooms in this 3,084 square foot house. Moreover, the Doubling Down With The Dericos family can live easily in this spacious home. However, it is still unknown where they are residing right currently. The Derricos have faced numerous financial issues previously. Now, they are earning a hefty paycheck from TLC. Moreover, Deon also works in real estate. Previously, he has filed for bankruptcy five times in his life and owned five houses. However, there isn’t much detail about the patriarch’s current financial position.
Doubling Down With The Derricos: Derricos Have A Long History Of Foreclosures!
Deon Derrico from “Doubling Down With The Derricos” has faced many hardships in the past. He lost one of his homes in the past after foreclosure. Even if he tried saving the house by filing a petition for foreclosure mediation assistance, it didn’t work. So, all his company’s hard work went in vain. They no longer own the house. Deon did everything he could to prevent the foreclosure of that particular property. However, he couldn’t save it. They even requested the court if they could share this house with his wife and 14 children. But it made no difference, and they lost it.
The bank paid $441,842.06 for the house and faced a huge loss. Overall, the bank suffered a $50,000 loss on the actual price. However, TheSun revealed that Deon had acquired complete control of another property he owns on the North side of Las Vegas. As per their internal source, Deon and his LLC, Reec Enterprises, are the current owners listed on the property. Stay tuned with TV Seasons & Spoilers for more news on Doubling Down With The Derricos.