Many people around the world owe way more on their homes than they are worth, but Melissa Gorga and Joe Gorga of Real Housewives-New Jersey may just have it the worst. On a house they are currently trying to sell for $500K they owe over $2M. Yep. It turns out that Joe thought he could make a fortune in the construction business so he took out a bunch of loans and one of the loans was for $2.25M and he used a house as collateral. So, the house which probably would have been paid off by now has no chance of ever getting paid off and the Gorgas are selling it in a short sale. Well, now we know how he managed to live so well all these years. Construction loans. Everyone was getting them when times were good and flipping houses, but if you didn't build anything with the money you got and just spent it all then it makes it much harder to pay everything back.