Teresa and Joe Cut Price Of Their Mansion By $500,000

Teresa and Joe have had their house on the market for a $4,000,000 listing price but they haven’t had any buyer at this price point. Due to this, they have cut their home’s listing price by $500,000 according to a new Radar Online report. Radar also discusses why they have cut the price of their home. Want details?¬†

Here is the zillow link their home is listed on.

Radar claims Teresa and Joe cut the price due to the fact that they still are in need of money to pay the Government back.

We definitely understand the price cut; however, Radar has also reported the home has an estimated value of $2,000,000. Due to this, they may need to cut the price more to sell it.

What do you think? Let us know.