TLC Sister Wives Updates and Spoilers: Robyn And Kody Brown Financial Problems Grow – $150K Loan Coming To Collect
Sister Wives updates spoilers reveal that Robyn Brown and Kody Brown are desperate for more money amid their ongoing financial problems. The couple is reportedly seeking a $150,000 loan and they want it as soon as possible. It’s unclear what Kody and Robyn want to do with this money. It’s likely that they want to use it to purchase a new home.
TLC Sister Wives Updates Spoilers – More Money, More Problems For Kody Brown and Wives
According to AllAboutTheTEA.com, Kody and Robyn Brown applied for a $150K home equity line of credit on Monday, March 20. The money is to be used for a house they purchased eight months ago, according to Arizona court documents. This wasn’t just another loan, it’s fast cash.
The legal document revealed that the couple needed the money fast since: “Time is of the essence in the performance of this Deed of Trust.”
Sister Wives 2020 – Buying Another Home?
Sister Wives updates and spoilers reveal that Kody and Robyn purchased another home. On Season 14, the couple was seen arguing over whether they should rent or buy a home. Robyn wanted a rental home while Kody wanted a new home. It looks like Kody won this argument.
Sister Wives Spoilers 2020 – Desperate For Cash
The reality couple are so hard up for cash that they agreed to “waive” their rights to Arizona’s Homestead Exemption, according to the court document. The exemption protects $150K of home equity if the couple file for bankruptcy since the home would become their primary residence.
Kody and Robyn purchased a 5-bedroom, 4-bath, 4395 sq. ft. home located on the two-acre Flagstaff property back in August 2019. They purchased the home for $890,000 and with a down payment of $225,000. The couple was approved for the home equity loan on March 31, 2020.
Sister Wives Updates – Moving Again?
Fans thought that the latest season focused too much on Robyn Brown’s reluctancy to purchase a new home, especially after their rental home was sold. Robyn didn’t want to purchase another home since they were struggling financially. TLC focused on the couple’s back-and-forth over buying a new home.
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Some fans didn’t like seeing the argument play out. They claimed that the show was scripted to balance Kody’s affection for the other three wives. Meri and Janelle live in $3K per month rental homes, while Christine purchased a 3-bedroom/3-bath home for $250,000 back in 2018.
Be sure to catch up on everything happening with Kody Brown and Robyn Brown right now. Come back here often for Sister Wives spoilers, news, and updates.