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In 2013, a trust linked with Elon Musk<\/a> bought the former home of actor Gene Wilder, which happened to be across the street from where Musk lived. Seven years later, he put it on the market for $9.5 million, with the stipulation that he wanted the buyer to preserve it.<\/p>\n Wilder\u2019s nephew Jordan Walker-Pearlman and his wife, Elizabeth Hunter, relished the idea, but didn\u2019t have nearly enough to afford the Los Angles property, located in the Bel-Air <\/a>Country Club. To accommodate them, Musk dropped the price to $7 million and agreed to lend the couple most of the money (some $6.7 million) to buy it.<\/p>\n Four years later, Musk (via an entity) has filed a notice of default, the first step in foreclosure.<\/p>\n Walker-Pearlman and Hunter say they harbor no hard feelings for the action and are cooperating with Musk, reports The Wall Street Journal<\/i><\/a>. The couple fell behind in payments after last year\u2019s strikes in Hollywood.<\/p>\n The home is a 2,800-square-foot property that is located on a 0.78-acre lot. It has an open layout and a kidney-shaped pool. Walker-Pearlman spent much of his childhood in the home, he says, and fulfilled a dream of restoring the house and letting his wife experience what those parts of his childhood were like. (Wilder sold the property for $2.725 million in 2007.)<\/p>\n The terms of the notice of default give the entity tied to Musk clearance to force a sale in 90 days, but Walker-Pearlman says representatives of Musk have told him and his wife there are no plans to do so. The couple has, however, listed the house for sale for $12.95 million.<\/p>\n \u201cThere\u2019s no tragedy here,\u201d Walker-Pearlman told the Journal<\/i>. \u201cElon gave us a magical opportunity. I have no complaints.\u201d\u00a0<\/p>\n<\/div>\n\nRecommended Newsletter: <\/strong>High-level insights for high-powered executives. Subscribe to the CEO Daily newsletter for free today. Subscribe now<\/a>.<\/div>\n<\/div>\n