Meri Brown goes deeper into the mortgage pond with a $485,000 third mortgage on her Utah bed-and-breakfast, Lizzie’s Heritage Inn, which stays closed for renovations.
This comes after a yr of non-public highs and lows for the “Sister Wives” star, who re-entered the courting scene with a brand new mindset following the abrupt finish of a romance earlier in 2024.
Meri Brown opened the inn in 2017 and named it Lizzie as a tribute to her grandmother.
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Meri Brown Takes Out $485K Mortgage On Inn Amid Renovations
Meri is betting huge on her bed-and-breakfast’s future with a brand new mortgage, signaling her continued funding within the property. In late December 2024, the 53-year-old secured a 3rd mortgage of $485,000 for Lizzie’s Heritage Inn, which she had closed earlier within the yr for renovations.
This newest mortgage brings her complete mortgage quantity on the property to over $1.1 million. In a Deed of Belief obtained by The U.S. Sun, Meri is recognized because the borrower, whereas Newrez LLC is listed because the lender for the mortgage, dated December 23, 2024.
The doc outlines her authorized obligation to repay the debt in month-to-month installments with full cost due by January 1, 2055.
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Meri’s transfer will not be unusual, seeing as owners reportedly usually take out further mortgages to finance main renovations, which have a tendency to supply extra favorable phrases than private loans.
Meri determined to safe the third mortgage after quickly closing her beloved bed-and-breakfast in August 2024 for renovations.
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The ‘Sister Wives’ Star Took Out Two Earlier Loans
The mother-of-one’s Utah bed-and-breakfast has been a labor of affection—and substantial monetary funding. In line with actual property information, Meri initially took out a $346,500 mortgage in October 2017 to buy the household property.
By April 2018, she secured an extra $308,000 by means of a second house rider, a mortgage kind with strict circumstances. Court docket paperwork stipulated that the property might solely be used as a private retreat, barring leases or shared possession preparations. The doc additional said:
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“Borrower shall maintain the property obtainable for borrower’s unique use and delight always, and shall not topic the property to any timesharing or different shared possession association or to any rental pool or settlement that requires borrower to both hire the property or give a administration agency or every other particular person any management over the occupancy or use of the property.”
On the time, Meri lived in Flagstaff, Arizona, with then-husband Kody Brown and her former sister wives, Janelle, Christine, and Robyn.
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How Meri Runs Lizzie’s Heritage Inn With out Household’s Assist
When Meri bought her beloved Lizzie’s Heritage Inn, she first confronted resistance from her polygamous household. In line with The U.S. Solar, Meri had requested her household for a $40,000 mortgage to assist with the down cost, providing to cowl the remaining $40,000 herself.
Whereas her former sister wives—Janelle, Christine, and Robyn—supported the thought, Kody was reportedly skeptical, citing issues that bed-and-breakfasts are “not huge moneymakers.”
He even questioned whether or not he and the opposite wives would have a say in working the enterprise, however Meri was agency, saying, “No, in no way.”
Kody in the end refused to contribute, however Meri didn’t let that cease her. She used earnings from her clothes enterprise, LuLaRoe, to fund the down cost and opened the inn in December 2017.
The Businesswoman Is Open To Revamping Her Love Life
Meri is staying optimistic about her future—whether or not it’s for her bed-and-breakfast or discovering a significant relationship. The Blast reported that the star embraced a recent courting method after a short-lived romance earlier in 2024.
The truth TV star defined that her transient unique relationship ended as a result of she realized they weren’t suitable. Regardless of the setback, Meri remained hopeful, stating she is now courting “non-exclusively” and taking issues one step at a time.
She elaborated on her new courting philosophy: “You date non-exclusively, and then you definitely’re like, ‘Okay, I can concentrate on this particular person. Let’s be unique. After which, see if it really works into one thing.'”
Meri’s optimistic method comes after her separation from Kody in 2023 after being married for over three many years.
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Meri Brown Revealed Her Courting Technique
Meri is likely to be increasing her courting horizons, however it has a twist. The star, who relocated to Utah, revealed that she primarily meets new folks by means of courting websites, although she additionally finds connections by means of mutual acquaintances.
In a candid dialog, Meri defined that courting apps are an inevitable a part of trendy life, particularly in a small city like hers. Nevertheless, for her, courting is extra than simply about discovering a accomplice; it is a journey of self-discovery.
“I am studying about myself. I am studying about different folks. I’m studying to belief myself and be like, ‘Hmm, I am getting a humorous vibe. This particular person’s simply not for me,” Meri shared.She added that recognizing when somebody will not be proper for her is an integral a part of the method.
As Meri Brown embarks on new ventures in her profession and private life, 2025 can mark a turning level in her pursuit of success.
