Auction of bankrupt Octomum's home delayed

Last updated 08:40 08/05/2012
OCTOMUM: Nadya Suleman.

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The auction of Octomum Nadya Suleman's California home has been postponed for two weeks.

The four-bedroom, three-bathroom house in La Habra was scheduled to be sold to the highest bidder in a foreclosure auction today (NZ time).

But the company organising the auction, Priority Posting and Publishing Inc, announced that the bidding has been rescheduled for May 21.

Priority Posting says the delay was agreed to by trustees involved in the sale.

Suleman is the mother of 14 children, including octuplets born in 2009.

She recently declared bankruptcy, listing assets of no more than US$50,000 (NZ$62,900) and debts of as much as US$1 million (NZ$1.25m).

Her father bought the home for her two years ago with a US$115,000 (NZ$144,700) down payment and US$450,000 (NZ$566,400) promissory note.

Records show she owes more than US$475,000 (NZ$598,000) on the house.

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- AP

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