Source Pravda.Ru

Courtney Love’s historic home puts up for sale

The historic home bought by Courtney Love about eight years ago is up for public auction to satisfy debts in a foreclosure case. The 41-year-old rocker, who was married to Nirvana frontman Kurt Cobain, purchased the gabled bungalow for his family in 1997 and now owes about US$367,000, or Ђ310,438, including the loan balance and legal fees, to WMC Mortgage Corp. of Los Angeles, which filed for foreclosure in Superior Court.

The house, which sits on more than 5 hectares, or 13 acres, at the edge of Capitol Forest near Littlerock, is about 16 kilometers, or 10 miles, south of Olympia. Cobain's sister, Kim, lives there now, according to records at the Thurston County sheriff's office. According to documents filed with a lawsuit in October 2004, Love quit making mortgage payments in December 2003. The lawsuit identified Love as a trustee of the Courtney Love family trust.

The home was built in 1903 by Thomas Bordeaux, who owned a lumber company that cut trees in the nearby Black Hills. It is one of the last remaining structures from the town of Bordeaux, which was demolished when the logging operation was shut down in 1941, and is included in a local historical inventory, county records show. Love can keep ownership of the house if she pays off the debt before the property goes to auction at the county courthouse on Jan. 6, reports the AP. N.U.