The Dirt on Dorit’s House
Reposting this on here. Previously I posted this on RHOBH. All of this information is public information, that ANYONE can get from the Los Angeles Records Office. I do not give out the address of her home or anything. Once again, this is all public information. Moderators, please message me if this is an issue.
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Okay everyone. I’ve never posted on here before, but I follow RHOBH and live in LA. As it happens, a friend of mine is a real estate investor who actually goes to the real estate auctions in Los Angeles and has all the details on Dorit’s home. I asked and asked, and he finally gave me the details, which I wanted to share with all of you.
Here are the details. The house was purchased on August 2, 2019, for $6,475,000. At this purchase price, it’s very difficult to get financing because banks do not like lending this kind of money on homes that, in a foreclosure scenario, could take close to a year to sell. Typically, they will only lend about 60% of the purchase price.
But Dorit had the right idea. They went to a private lender, who lent them $4,208,750 on a first mortgage and $323,750 on a second mortgage (presumably at a much higher rate, in what’s called a “piggyback” transaction). The borrowers brought $1,942,500 to the closing table, plus closing costs—no small sum.
On 12/22/2021, they went to a mortgage broker, who got them an alternative mortgage with Chase. The new loan was for $5,196,750, with approximately $664,250 in new principal (cash out). This paid off their original first and second mortgages. The new loan from my understanding was Interest-Only, meaning none of the payments went towards principal, just interest.
Two months later, on February 16, 2022, they went to another private lender and took out a very high-interest, hard money second mortgage for $750,000 in cash out.
This means that, of their original down payment of $1,942,500, they had refinanced about $1.4 million back out of the house. Clearly, this was about turning the house into a leveraged asset rather than leaving equity in it.
The problems started in February 2024, when Chase began the title work to foreclose on the house and actually filed a foreclosure Notice of Default in October 2024 for $298,556. The account was reinstated in December 2024, but the problems didn’t stop.
Chase began working on the foreclosure process again in September 2025 and issued a new Notice of Default on December 31, 2025, for $294,321 in past-due payments. This is still not cured as of today.
Of interest, the county also placed some sort of lien against the house for unpaid property taxes, which are about $85,329 a year and are now being advanced by Chase, according to the Notice of Default.
The foreclosure you guys all know about, though, is not even the Chase loan.
It’s her private money second mortgage. That loan has been in default since at least September of 2025, if not earlier. They are foreclosing because they have not received payments on their $750,000 second loan. They are now owed $898,279, and that does not even include the past two months of interest.
So, what is going on at the auction? Is this the hottest property at the sale?
Not even close.
The real truth: the house is almost worthless. Let’s look at the math.
Dorit owes approximately $5.5 million to Chase, not including late fees and property taxes that Chase has paid on her behalf.
She also has a federal tax lien that needs to be paid off, $90,269.
The second mortgage balance is $898,279.
That brings you to $6,488,548.
To sell even a $6.4 million house, you’d also have seller closing costs of approximately $384,000. This does not even include any mansion tax that may apply in parts of LA, which I’m not going to pretend to fully calculate here.
The fact of the matter is this:
Her house is completely underwater. It’s practically worthless in this situation. No one is buying it at the auction. No one has any real interest in it at the auction. And likely, the people who lent $750,000 on this deal are not going to recover most of their money especially after a six-month eviction process and paying off the $5.5 million owed to Chase.
At this point… I think I’d be trying to do a short sale or find a new rental to keep my kids in a home. I’d do it before the auction.
Final thing, so why does the sale keep getting delayed?
The answer is simple: no one wants the house. The trustee and auctioneer know that, and they’ve probably told their client to try to work something out with the family and collect something now, instead of foreclosing and guaranteeing a loss.
We’ll see what happens. I’ll post an update if it actually gets sold or postponed again, tomorrow. My friend will be at the sale tomorrow.
If anyone has any questions, ask away, I’ll get more details.