Jesse James Breakup: No Real Estate This Time Around

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Breaking up is hard to do and all that, but Jesse James -- the most famous cheating husband in America until Arnold Schwarzenegger stripped him of the title -- is getting cut some slack this time 'round, at least when it comes to real estate.

When he and America's sweetheart, Sandra Bullock, split last year, the motorcycling reality-TV star had two properties to unload. It wasn't a good time to sell a house, and there was plenty of tongue-clucking about when bad things happen to bad people and all that.

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Now, with the heartbreaking news that he and Tattoo Queen Kat Von D (pictured above) called off their engagement (whoops, I just dropped my nail file!), he at least has no communally owned houses to deal with. Jointly owned real estate has been the marriage glue of the recession, so it would seem he dodged that bullet -- both on marrying her and then having to sell houses when the marriage hit the rocks.

James took a bath on the Orange County, Calif., house he shared with Bullock, listing it originally at $6,750,000 and eventually taking just $4.5 million in December 2010. And his three-bedroom condo nearby, listed at $1,290,000, sold for $865,000. He paid $767,000 for the condo in 2002. Made just enough for some new tats.

Also see:
Can Divorce Rates Predict the Housing Recovery?
J Lo and Mark Anthony: Will They Sell Their Houses?

See homes for sale in Sunset Beach, Calif., on AOL Real Estate.

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