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Dustin Diamond’s facing foreclosure for the third time in five years — dude’s bank just filed new legal docs claiming the former “Saved by the Bell” star owes over $278,000 on his Wisconsin home.

Screech had his first foreclosure scare in 2006 — when he allegedly fell behind $250,000 on his mortgage payments. It all happened again a few months ago in April — except according to Wells Fargo Bank, Screech’s debt had ballooned to $290,000.

Now, the foreclosure monster is rearing its ugly head yet again — Wells Fargo just filed more foreclosure papers in Wisconsin, claiming DD is still in default, owing $278,309 since May … and now the bank is tightening the screws for realsies.

WF wants to recoup their losses stat — demanding immediate foreclosure on Screech’s property. So far, no word from the goateed one. Zoiks!

Looks like Child Star Dustin Diamond may need a “Octomom Offer” From Vivid…or move in with Mr. Belding. Guess that sex-tape money just isnt what it use to be…

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