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County filings show Baldwin and his wife Kennya defaulted on more than $824,000 in payments to mortgage holder Bankers Trust Co.
The auction is set for June 24.
A representative for Baldwin couldn't be reached for comment.
The actor has starred in movies such as "Bio-Dome" and "The Usual Suspects." Recently, he's appeared on reality television shows /*"The Celebrity Apprentice"*/ and /*"I'm a Celebrity...Get Me Out of Here!"*/