T.J. Holmes And Amy Robach Might Need To 'Liquidate' Their Real Estate Amid Unemployment

A recent report has revealed that former ABC co-anchors, T.J. Holmes and Amy Robach, might see their properties "go up in smoke" if they are unable to get fresh career starts.

According to a P.R. expert, the duo's properties might be sold to fund their lives if and when they run out of their severance packages. It is unclear how much their payout was worth, although it is said to be a minimum of a year's payout.

ABC previously announced that the decision to terminate Holmes and Robach's contract was mutual in the wake of their relationship scandal.

Read below for more details.

According to Eric Schiffer, chairman of the Los Angeles-based firm Reputation Management Consultants, Holmes and Robach might be looking to do away with their properties in the future if they are unable to land new jobs.

The consultant, in an interview with U.S Sun, attributed the possible move to the fact that those real estate properties "were accouterments of past success" for the ousted ABC anchors. He explained that it "may go up in smoke" because of the need to liquidate and have cash" to cater to their needs.

Robach recently relocated to a $2 million penthouse in New York City, after allegedly selling the $5.2 million house she co-owned with her ex-husband Andrew Shue.

Holmes also owns a $490,000 house in Atlanta. The former "GM3" presenter is the only person listed on the deed at the moment, which shows that the property has no ties to his ex-wife Marilee Fiebig.

Schiffer also shared that Robach and Holmes were given a minimum of a year's severance package. He said this was done to prevent "massive and perhaps grisly rumblings of dissatisfaction" from the duo.

 "[It] sets them up and their agents to begin to have discussions and to consider a range of options," Schiffer told the publication.

He added, "That would include another network, local opportunities, and potentially more entrepreneurial pursuits that might be self-funded and using platforms that are not mainstream but can gather significant following and monetization."

Regarding who got the better payout, Schiffer hinted that Robach came out tops, hinting that her "seniority and achievements at the network "played a part."

Robach joined ABC in May 2012, while Holmes started his career with them in September 2014.

While it's unclear how much Robach and Holmes bagged in the payout, it was previously reported that the decision to part ways with ABC was mutual.

This came after the showrunners concluded their internal review into the duo's conduct following their illicit relationship making the headlines late last year.

A statement from ABC read, per Page Six, "After several productive conversations with Amy Robach and T.J. Holmes about different options, we all agreed it's best for everyone that they move on from ABC News."

In the wake of their affair becoming known, Holmes and Robach have found themselves receiving backlash, largely due to still being legally tied to their partners at the start of their relationship. 

Currently, the former anchors are far along in the process of finalizing their divorce from their previous partners.

In a previous interview with the U.S Sun, Schiffer noted that the embattled duo were not "toast" but believed their chances of finding work together were "unlikely."

He said, "The choices that they have as personalities are either their own show via YouTube [or] individual opportunities from other networks."

The consultant added, "But the probabilities of them appearing together on another network are like a unicorn jumping over the gate of the White House. Highly unlikely."

Schiffer also shared that Robach and Holmes were "devastated over what was a whirlwind romance turned apocalyptic," putting a snag in their long-running career in the news industry. 

He offered advice on their next steps, saying, "they will need to decide how to pick up the pieces from the destruction and try to turn it positive."