Jon and Kate Plus 8, Official Thread--Part 7

[newtodis]

Looks like J&K have dropped the price on their house...

http://www.nydailynews.com/real_est...o_sell_first_family_home_in_elizabethtow.html

It's Jon and Kate plus unwanted real estate.

Reality TV's tempestuous screwlyweds, the Gosselins, who are in the process of unloading each other, are struggling to sell their first home, a 5-bedroom, 2 1/2-bath property in Elizabethtown, Pa., according to records.

The house, which has been on the market since early this year, has had its original asking price of $325,000 drop to $299,000. The Gosselins paid $280,000 for the house in 2006, People.com reported.


Regardless, the asking price is a bargain compared to the $1.1 million cost of the unhappy couple's 6,000-square-foot new home in Wernersville, Pa.

The couple's Elizabethtown home is situated in a suburban neighborhood and features bamboo hardwood floors, a wireless security system and a laundry room equipped with two sets of Whirlpool washers and dryers.

 

[newtodis]

Even the Jewish Community doesn't want to claim Jon at this point:

Since you care so much about what Jews think, Jon, can I, as a Jew, let you in on a little Jewish wisdom? You sound like a complete whack-a-doo, and we don’t need any more of those in our people.

http://www.myjewishlearning.com/blog/culture/jonhailey8-part-time-8-days-to-a-brischai/

 

[MAKmom]

This is the transcript from the Nancy Grace show. It is very long but interesting. It sounds like Jon can not get into trouble for hacking into the accounts or even Kate's text messages if his name was on the accounts. It also depends on state law etc.

http://transcripts.cnn.com/TRANSCRIPTS/0910/13/ng.01.html

 

[newtodis]

What is the $15,000 a month? Was that his allowence?

Someone figured out based on some figures that that's about the monthly amount that was removed from the accounts so that's where I got that number and kind of went from that. Sorry if I didn't make that clear enough!

 

[kidshop]

This is the transcript from the Nancy Grace show. It is very long but interesting. It sounds like Jon can not get into trouble for hacking into the accounts or even Kate's text messages if his name was on the accounts. It also depends on state law etc.

http://transcripts.cnn.com/TRANSCRIPTS/0910/13/ng.01.html

Yep, basically you can't steal your own money. BUT Stephanie is the only person who claims Jon did this. I don't think it's likely.

 

[MAKmom]

Someone figured out based on some figures that that's about the monthly amount that was removed from the accounts so that's where I got that number and kind of went from that. Sorry if I didn't make that clear enough!

I thought he took $180,000 since Aug 2009. At $15,000 a month that would be 12 months.

He has only been away from the house part time since June/July maybe 3 or 4 months.

I hope he has some of this money left.

 

[kidshop]

Looks like J&K have dropped the price on their house...

http://www.nydailynews.com/real_est...o_sell_first_family_home_in_elizabethtow.html

It's Jon and Kate plus unwanted real estate.

Reality TV's tempestuous screwlyweds, the Gosselins, who are in the process of unloading each other, are struggling to sell their first home, a 5-bedroom, 2 1/2-bath property in Elizabethtown, Pa., according to records.

The house, which has been on the market since early this year, has had its original asking price of $325,000 drop to $299,000. The Gosselins paid $280,000 for the house in 2006, People.com reported.


Regardless, the asking price is a bargain compared to the $1.1 million cost of the unhappy couple's 6,000-square-foot new home in Wernersville, Pa.

The couple's Elizabethtown home is situated in a suburban neighborhood and features bamboo hardwood floors, a wireless security system and a laundry room equipped with two sets of Whirlpool washers and dryers.

I think it's time to face real reality. The market was still high in 2006, at least higher than now. I should know we bought in 2005! If it's priced right, it will sell, even if it is cursed. (just kidding)

 

[newtodis]

I thought he took $180,000 since Aug 2009. At $15,000 a month that would be 12 months.

He has only been away from the house part time since June/July maybe 3 or 4 months.

I hope he has some of this money left.

I'm not sure where the number came from - I was just using it as a reference for a breakdown of the $180,000. I think at one point Jon said that was the amount he'd taken out in the past year ($177,00 was the number he used I think) then the $22,000 recently or something like that. Again, we don't know how far back the arbitrator and/or judge was looking either. If he took out that sum in two months, I would hope he's got it in an account somewhere. I'm sure the attorney, $5000 monthly rent, living expenses in NYC and pricey birthday gifts he got the twins ate up a portion of it (or maybe he used the money from his Vegas appearance....I don't know).

He needs to have some of the money left according to the judge.

 

[MAKmom]

Yep, basically you can't steal your own money. BUT Stephanie is the only person who claims Jon did this. I don't think it's likely.

They said it could have just been pillow talk. I think Jon might have said these things tying to show off..even if he did not do it.

But hacking into her emails could be a problem for him. But if he did he must not have found any good info about her or we would have heard about it.

There was a big scandal in Phila one of the News anchors was hacking into his co host email at work. But they were not married. He was married to another anchor from Fox a different station

 

[redrosesix]

WOW! I feel like I've missed so much in the last few hours. Real life pulled me away from the computer and this thread.


I have a couple of questions. Does anyone know how much money Kate is saying that Jon took? I've seen reports referring to her own lawyers with different amounts. One says $230,000, another says $232,000, another says $235,000, another says $200,000... While $35,000 may not seem like a lot in comparison to the total, I would think that they would know exactly to the penny how much is missing.

My second question is about the children. The children are not being paid anything by TLC, just Jon and Kate are. Correct? I think that I read something where Jon said that 80% of what they (J&K) were paid was being set aside for the children. I think that someone here said that Kate has control over these accounts and that the money can be withdrawn at any time. If all of this is accurate, I can see why Jon may have a problem with it. If he put/is putting aside a big chunk of his money from TLC into the trust funds for the children but Kate can withdraw it at any time for any reason (revocable trust), his kids could end up with nothing and Kate could end up with 90% of the money from TLC , Jon would have his 10% and the kids would have nothing.

I hope that for the sake of the children, that Jon's lawyers are smart enough to address this in the divorce.

Edited to add...Does anyone know if Beth is still a friend? I always thought Kate referred to her as a best friend but I haven't seen or heard anything about her lately. Kate referred to Jamie as her BFF.

I'd have to go back to Kate's petition to find the exact number, but it was around $230,000 (not $235,000) that she accused him of taking. IMO, it's a coincidence that the $180,000 and $55,000 that Mark Momjian is talking about add up to a similar amount -- we don't know what dates the arbitrator is now looking at, since Jon's response/counter-claim asked the courts to look into the accounts for transactions in the past year and Kate's petition covered the period Aug. 10th to July 12th.

Kate has control over all of the finances, and the revocable trusts that she set up for the children in May are in her name only.

Looks like J&K have dropped the price on their house...

http://www.nydailynews.com/real_est...o_sell_first_family_home_in_elizabethtow.html

It's Jon and Kate plus unwanted real estate.

Reality TV's tempestuous screwlyweds, the Gosselins, who are in the process of unloading each other, are struggling to sell their first home, a 5-bedroom, 2 1/2-bath property in Elizabethtown, Pa., according to records.

The house, which has been on the market since early this year, has had its original asking price of $325,000 drop to $299,000. The Gosselins paid $280,000 for the house in 2006, People.com reported.


Regardless, the asking price is a bargain compared to the $1.1 million cost of the unhappy couple's 6,000-square-foot new home in Wernersville, Pa.

The couple's Elizabethtown home is situated in a suburban neighborhood and features bamboo hardwood floors, a wireless security system and a laundry room equipped with two sets of Whirlpool washers and dryers.

Finally

Someone figured out based on some figures that that's about the monthly amount that was removed from the accounts so that's where I got that number and kind of went from that. Sorry if I didn't make that clear enough!

I think the $15,000 comes from the amount that Jon and Kate had to put into the account to cover monthly bills ie. $7500 each, and that number came from Jon.

I've been thinking about this, and really wonder whether those expenses could include the payments on the houses. When I plug their numbers into a US mortgage calculator (they paid $500,000 down and had $752,000 remaining, mortgaged over 10 years) I get $8254 per month, and that's just on the new house. They still have a mortgage on the old house too.

Then there is private school, transportation, food, and utilities to pay for. The nannies, landscaping, etc. were paid for by TLC, but likely that ended when their pay ended -- which stopped when filming stopped. I think they're in dire straits financially if they don't cut back on some expenses.

 

[DMRick]

Here's another blog from Z on TV:

http://weblogs.baltimoresun.com/entertainment/zontv/2009/10/jon_kate_lying_liars_who_lie_o.html

The only thing I found new or interesting from that blog was "By the way, the audience for "Jon & Kate Plus 8" was up to 2.5 million for Monday's episode. That's not enough by a long shot to guarantee any kind of TV future for Kate. But it is better than going down, down, down as the show had been doing. Last week, the audience was 1.7 million."

By the way, that is very good for a cable show and if it continues it could guarantee a TV future for Kate (and maybe Jon).

 

[Eeyore'sthebest]

Then there is private school, transportation, food, and utilities to pay for. The nannies, landscaping, etc. were paid for by TLC, but likely that ended when their pay ended -- which stopped when filming stopped. I think they're in dire straits financially if they don't cut back on some expenses.

I haven't done the math but I would agree with your assessment. They will be fine if they cut back on their expenses but let's be honest folks, while they were making a lot of money they weren't making rock star money. TLC appears to have been footing the bill for almost everything. Now that Jon has stopped the money train they could seriously start hurting if they don't cut back.

 

[redrosesix]

I'm not sure where the number came from - I was just using it as a reference for a breakdown of the $180,000. I think at one point Jon said that was the amount he'd taken out in the past year ($177,00 was the number he used I think) then the $22,000 recently or something like that. Again, we don't know how far back the arbitrator and/or judge was looking either. If he took out that sum in two months, I would hope he's got it in an account somewhere. I'm sure the attorney, $5000 monthly rent, living expenses in NYC and pricey birthday gifts he got the twins ate up a portion of it (or maybe he used the money from his Vegas appearance....I don't know).

He needs to have some of the money left according to the judge.

One of the things that makes all of this confusing is that both of them are talking in spin -- they admit to taking money from one account, accuse the other of taking money from another account, etc. Jon says he took out $177,000 over the past year, but that would include $118,000 that he admits to withdrawing in May -- from that account. We don't know if he took money out of other accounts before Kate petitioned to have control of the accounts in July. And he doesn't know how she is spending the money because he doesn't have access to the accounts.

Jon may have taken all of the $230,000 that Kate accused him of taking, maybe more, but they settled for $180,000 because that was what Jon was able to raise by Oct 26th. And Kate may have to pay $55,000 if she can't come up with receipts for that money, and, as Mark Heller says, she may have to pay more than that once she produces the financial records if the numbers don't add up. All of the articles posted yesterday and today are based on a single interview by Mark Momjian, so we have to take those "facts" with a grain of salt.

Having said that, Mark Momjian probably shouldn't have bothered. The next hearing will be in open court, and it's very possible that everything will be brought out into the open, the good, the bad, and the ugly, from both sides. Ditto for Jon's interview tonight, unless he's just there to say they worked really hard to find a resolution, as Mark Heller has been saying in his statements.

 

[DMRick]

And property taxes, utilities..the money could go pretty fast at that rate.

I've been thinking about this, and really wonder whether those expenses could include the payments on the houses. When I plug their numbers into a US mortgage calculator (they paid $500,000 down and had $752,000 remaining, mortgaged over 10 years) I get $8254 per month, and that's just on the new house. They still have a mortgage on the old house too.

 

[kidshop]

One of the things that makes all of this confusing is that both of them are talking in spin -- they admit to taking money from one account, accuse the other of taking money from another account, etc. Jon says he took out $177,000 over the past year, but that would include $118,000 that he admits to withdrawing in May -- from that account. We don't know if he took money out of other accounts before Kate petitioned to have control of the accounts in July. And he doesn't know how she is spending the money because he doesn't have access to the accounts.

Jon may have taken all of the $230,000 that Kate accused him of taking, maybe more, but they settled for $180,000 because that was what Jon was able to raise by Oct 26th. And Kate may have to pay $55,000 if she can't come up with receipts for that money, and, as Mark Heller says, she may have to pay more than that once she produces the financial records if the numbers don't add up. All of the articles posted yesterday and today are based on a single interview by Mark Momjian, so we have to take those "facts" with a grain of salt.

Having said that, Mark Momjian probably shouldn't have bothered. The next hearing will be in open court, and it's very possible that everything will be brought out into the open, the good, the bad, and the ugly, from both sides. Ditto for Jon's interview tonight, unless he's just there to say they worked really hard to find a resolution, as Mark Heller has been saying in his statements.

I also read a blurb that said the judge did not name names in the court, just said all money had to be returned to the account before the 26th. All outlets, however, have based their reporting on this one release.

 

[MAKmom]

WOW! I feel like I've missed so much in the last few hours. Real life pulled me away from the computer and this thread.


I have a couple of questions. Does anyone know how much money Kate is saying that Jon took? I've seen reports referring to her own lawyers with different amounts. One says $230,000, another says $232,000, another says $235,000, another says $200,000... While $35,000 may not seem like a lot in comparison to the total, I would think that they would know exactly to the penny how much is missing.

My second question is about the children. The children are not being paid anything by TLC, just Jon and Kate are. Correct? I think that I read something where Jon said that 80% of what they (J&K) were paid was being set aside for the children. I think that someone here said that Kate has control over these accounts and that the money can be withdrawn at any time. If all of this is accurate, I can see why Jon may have a problem with it. If he put/is putting aside a big chunk of his money from TLC into the trust funds for the children but Kate can withdraw it at any time for any reason (revocable trust), his kids could end up with nothing and Kate could end up with 90% of the money from TLC , Jon would have his 10% and the kids would have nothing.

I hope that for the sake of the children, that Jon's lawyers are smart enough to address this in the divorce.

Edited to add...Does anyone know if Beth is still a friend? I always thought Kate referred to her as a best friend but I haven't seen or heard anything about her lately. Kate referred to Jamie as her BFF.

The only thing I read about Beth lately is her husband did not want the attention anymore. He always looked like he was hiding. I also read they had to sell thier house & down size. I have no idea where I read this or if it is true.

 

[1stluvispooh]

I'd have to go back to Kate's petition to find the exact number, but it was around $230,000 (not $235,000) that she accused him of taking. IMO, it's a coincidence that the $180,000 and $55,000 that Mark Momjian is talking about add up to a similar amount -- we don't know what dates the arbitrator is now looking at, since Jon's response/counter-claim asked the courts to look into the accounts for transactions in the past year and Kate's petition covered the period Aug. 10th to July 12th.

Kate has control over all of the finances, and the revocable trusts that she set up for the children in May are in her name only.



Finally



I think the $15,000 comes from the amount that Jon and Kate had to put into the account to cover monthly bills ie. $7500 each, and that number came from Jon.

I've been thinking about this, and really wonder whether those expenses could include the payments on the houses. When I plug their numbers into a US mortgage calculator (they paid $500,000 down and had $752,000 remaining, mortgaged over 10 years) I get $8254 per month, and that's just on the new house. They still have a mortgage on the old house too.

Then there is private school, transportation, food, and utilities to pay for. The nannies, landscaping, etc. were paid for by TLC, but likely that ended when their pay ended -- which stopped when filming stopped. I think they're in dire straits financially if they don't cut back on some expenses.

Key phrase

 

[redrosesix]

And property taxes, utilities..the money could go pretty fast at that rate.

OMG -- I forgot about property taxes. Here we pay about 1 % of the value of our homes per year, and it isn't tax deductible for us.

 

[redrosesix]

A new article posted today that goes over some of the criticisms from last week eg. how Jon allowed ET to film on the twins' birthday but refused to allow filming by TLC, but also some quotes that may be of interest:
http://www.nydailynews.com/gossip/2009/10/14/2009-10-14_jon_gosselin_continues_to_film_kids_despite_banning_wife_kate_from_doing_the_sam.html

Gosselin apparently has a deal with "ET" that gives them access to the kids even during the messy divorce.

"He has a deal with ‘ET' for interviews and they get special access to events, like the twins' birthday," the source shared. "The terms don't stipulate that the kids can't be involved."

TLC confirmed to the Daily News that their cameras are still staying away from shooting the eight Gosselin children.

"We're still not filming the kids," says TLC spokewoman, Laurie Goldberg. "We're still working on the show with Kate."



But TLC was quoted the other day as saying they had stopped paying the Gosselin family when filming stopped.

And IMO, the contract with ET does not mean that Jon will be filming the kids only that there are no provisions that they are not allowed to film the kids. But if he has a contract with them, it may well be that he is getting paid the $100,000 that somebody posted earlier.

 

[redrosesix]

And just to make everybody more confused about the numbers, there's a new one -- $155,000 -- the amount that Jon says he has to pay back:
http://www.etonline.com/news/2009/10/79706/index.html

And now i'm ticked at him too for not keeping all of this private. So what if his story is different than Kate's?