'Queen of Mobile Homes' Chimene Van Gundy will soon lose her $1 million-plus New Braunfels home

Chimene Van Gundy claimed she was able to pay cash for her “dream home” in New Braunfels within 2½ years of starting her business buying and selling mobile homes with no money and no credit. She branded herself the “Queen of Mobile Homes” to trumpet her claims she had become a self-made millionaire running the business. It appears her prowess was an illusion. Now Van Gundy, accused of defrauding investors who believed they were investing in her business buying, refurbishing and selling mobile homes, will have to turn over the keys to her dream home.

During a Monday court hearing in Comal County, state District Court Judge Dib Waldrip gave the court-appointed receiver for Van Gundy and her company approval to sell her residence at 614 Battistrada. Receiver Charlie Adams estimated Van Gundy’s five-bedroom, 5½-bathroom, 5,000-square-foot residence is worth from $1.4 million to $1.6 million. Some proceeds from its sale could benefit those she allegedly defrauded. Bank records obtained by Adams show more than a dozen payments totaling just less than $1 million went from Van Gundy’s company’s account in 2017 to pay builder Vintage Estate Homes and for the down payment to a title company. Her company was known as Outstanding Real Estate Solutions Inc. “We have provided proof that every single dime that went into this property came from investors who were told they were investing in mobile-home flipping,” Christopher Hughes, a lawyer for Adams, told the judge. “That was not true. Ms. Van Gundy was not generating revenue from flipping mobile homes. She was taking investors’ money and using it for her own personal benefit, including to purchase the property itself.”