However, a source close to the couple's friend revealed, through a blind item, that the Montecito house doesn't actually belong to Meghan and Harry. Despite being purchased at a substantial discount, it apparently stretched their financial limits, especially with the significant expenses associated with its maintenance. The couple took a mortgage exceeding $9 million, and given the property's issues like plumbing problems, persistent odors from a nearby bird sanctuary, and a history of a slow sale due to a mudslide track, the source suggests the house might struggle on the market or result in a substantial loss.
Notably, it's mentioned that Meghan plans to utilize the funds from her book deal, titled "End Game," signed with an entity referred to as "Om Scabby," to acquire a mansion in Malibu. The sources indicate that Meghan is entitled to 68% of the book's earnings, covering her contribution to the plot or script and revenue from sold copies, while the remaining 32% belongs to "Om Scabby."
The narrative in "End Game" apparently places blame on King Charles for the couple's financial struggles, suggesting that the King's actions have led them to defame the royal family to secure funds for a house in America. The couple may be grappling with the realization that their multi-million dollar deals have become more burdensome than initially anticipated, with difficulties in delivering promised content.
Financial challenges appear to be mounting for Meghan and Harry, compounded by their extravagant spending habits and the postponement of content production. Meghan's recent fashion choices reportedly include outfits from 2021, indicating a shift to wearing designer items purchased two years ago when their lucrative deals were inked.
With ongoing mortgage payments, recurrent expenditures, and retainer fees, the couple's finances are reportedly under strain. This financial situation may be a driving factor in their decision to sell the Montecito mansion and potentially present the move to Los Angeles as an upgrade, even though the new house is hinted to be less expensive than their current residence. The narrative suggests that the couple's financial challenges are leading them to reconsider their housing situation and make strategic moves to address their economic concerns.
