Blagojevich says he understands he could lose home

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

Blagojevich's appearance Friday was his first time in court since a jury convicted him of multiple corruption counts last month.

Judge James Zagel warned Blagojevich that he could lose his Chicago home and a condo in Washington if he tried to flee or otherwise violated his bond terms.

Zagel set bond at $450,000, which is secured by the two properties.

A defense attorney also revealed that the Blagojeviches are trying to sell their Chicago home. And the defense said that as of Friday, they had filed all the paperwork related to the properties.

Prosecutors had complained that not all the documents had been turned in.