‘Golden Bachelor’ Winner Theresa Nist Reveals Her Past With Bankruptcy

Since purchasing her current home, Theresa has taken out four mortgages. The first was for $254,900, paid off in August 2010. She then obtained another loan for $249,600 in the same month, which was discharged in January 2013. A further mortgage of $240,000 was taken out just a year before Bill’s passing.

Most recently, Theresa borrowed $200,000 in September 2018 and successfully paid off the loan in September 2020.

Theresa’s new fiancé resides in a lakeside home in Hudson, Indiana, valued at $637,000. He purchased the property for $375,000 in June 2020, three years after his wife Toni passed away. Gerry, a retired restauranteur, reportedly has a fortune of $1.5 million.

The couple is set to tie the knot on January 4, 2024, in a wedding that will be live-streamed on ABC. They plan to honeymoon in Italy after the ceremony.