Blagojevich Returns to Court to Hear Bond Details

Former Illinois Gov. Rod Blagojevich told a federal judge Friday that he understands he could lose his home if he violates the conditions of his bond.

Lawyers for Blagojevich say the former governor and his wife are trying to sell their home on Chicago's North Side. News of the home sale came during the hearing where Judge James Zagel increased Blagojevich's bond to $450,000.

The former governor is considered a greater flight risk now that he is facing substantial prison time.

The Blagojevich's are using their home and a condo to secure the bond, but Blagojevich's attorneys hoped to exclude the house to make it easier to sell. Judge Zagel said both properties have to be put up.

"Patti and I were here to comply as we always try to do, with all the different rules and we signed all the necessary papers to comply with the bond requirements," Blagojevich said after the hearing.

The Blagojevich's say between their home and condo, they have about $600,000 in equity.